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Press Release: IIX Accelerates Gender Bond Issuances With Pricing of Women’s Livelihood Bond 3
Impact Investment Exchange (IIX) has successfully priced the US$27.7 million Women’s Livelihood BondTM 3 (WLB3), the third bond in the award-winning Women’s Livelihood BondTM Series (WLB Series). Advancing a total of 13 United Nations Sustainable Development Goals (SDGs), the WLB3 complies with the International Capital Markets Association (ICMA) Social Bond Principles and will support 180,000 underserved women and women entrepreneurs in the Asia Pacific region to respond, to recover from, and to build resilience in the aftermath of the COVID-19 pandemic. The WLB3 is also the maiden investment of IIX’s Women’s Catalyst Fund, a next generation gender lens vehicle designed to accelerate innovative financial instruments for women.
- Categories
- Investing
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Analysis: How COVID-19 Is Shifting Focus to Social Enterprise in Africa
African social entrepreneurs are refocusing strategies and services to reach vulnerable populations most affected by the crisis.
- Categories
- Coronavirus, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- food security
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Asian Development Bank Approves $50 Million Loan for Bangladesh
The Asian Development Bank (ADB) has approved a $50 million loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the COVID-19 pandemic.
- Categories
- Coronavirus
- Region
- Asia Pacific
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SunCulture Wants to Turn Africa Into the World’s Next Bread Basket, One Solar Water Pump at a Time
The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Rwandan Female Entrepreneur on Course to Raise $490,000 in Funding
With 70,000 serviced daily via its safe water mini-grids, WARwanda is setting high ambitions to service over 30 million people in the next 10 years and create over 13,000 jobs, greatly multiplying its current reach.
- Categories
- Environment, Social Enterprise
- Region
- Sub-Saharan Africa
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IFC, Aavas Financiers Sign Pact for Affordable Green Housing Finance for Low-Income Borrowers in India
A green home is a type of house designed to be environmentally sustainable. Green homes focus on the efficient use of energy, water, and building materials
- Categories
- Environment
- Region
- Asia Pacific
- Tags
- housing, infrastructure, scale
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African Development Bank Launches $50 Million Facility to Support Energy Businesses in Africa
The African Development Bank (AfDB) board of directors has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 Off-Grid Recovery Platform (CRP).
- Categories
- Coronavirus, Energy, Investing
- Region
- Sub-Saharan Africa
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WorldRemit Partners With Nest to Empower African Entrepreneurs
WorldRemit, a leading international payment company is partnering with Pan-African tech incubation hub, Nest Innovation Technology, to build scalable business models across Africa via the WorldRemit Entrepreneurs Programme.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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