-
Is Impact Investing Growing Too Fast?
Wealth management firms are rushing to grow their environmental, social and governance investing capabilities, introducing high-profile marketing and analytical tools aimed at both advisors and their customers.
- Categories
- Investing
- Tags
- ESG, impact investing
-
Press Release: Fintech Nomanini Raises $4M in Funding Round Led by Standard Bank
Through the terms of the strategic investment, Standard Bank gains a stake in the company and the ability to use Nomanini’s platform to unearth previously ‘invisible’ data on the informal retail economy.
- Source
- Press release
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Patagonia, Ben & Jerry’s and 30 Other Companies Tell the Business Roundtable CEOs to Put up or Shut Up
The Business Roundtable’s decision was huge news considering it proffered upending the decades-old capitalist goal of maximizing profits at any cost to a more holistic goal of looking out for the well-being of everything the company’s actions affects. However, the Business Roundtable’s decision to change the definition of the “purpose of a corporation” isn’t legally binding, which means right now it’s just really good PR.
-
New Coalition Looks to Align Business Goals With Impact Investing
A three-year program, including a global inclusive growth accelerator and fund, will be supported by robust measurement and analysis led by the OECD. B4IG will focus primarily on G-7 countries for now.
- Categories
- Investing
- Tags
- impact investing
-
Desperate Zimbabweans Use Cell Phone Transfers to Get Cash
The World Bank says increased use of mobile money is a welcome sign of a greater proportion of the population engaged in the banking sector. Yet, in Zimbabwe it is more a matter of the difficulty and the cost for ordinary folk of getting ready access to cash.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Why Charities Are Launching For-Profit Businesses
“If you have a business and start a nonprofit, no one thinks twice,” Pipkin says. “But if you start a nonprofit and then start a business, people think, Wait a second.” That’s beginning to change. All three nonprofits ultimately entered the moneymaking game. It is, they believe, the next phase of social entrepreneurship.
- Categories
- Uncategorized
- Tags
- nonprofits
-
Viewpoint: Stakeholder Capitalism: Intention is the First Step toward Accountability
Maybe someday soon, we will be able to know how well a company treats its employees or contributes to climate change, as part of its regular filings. With more actions, we’ll get more data and start to understand which actions lead to better financial performance, and which might not, but will be viewed as worth doing by Americans and the company’s shareholders anyway.
-
US Aims to Double Financing in Latin America to $12 Billion
In addition to loans, loan guarantees and political risk insurance, the U.S. International Development Finance Corporation will have the authority to make limited equity investments with a $60 billion cap.
- Categories
- Finance
- Region
- Latin America
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.