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Jumia: ‘Africa’s Amazon’ in Landmark Stock Market Listing
Shares in Africa's largest e-commerce firm have debuted on the New York stock market, which could see other tech start-ups on the continent follow suit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Can Ecsponent Find Profitable Traction at MyBucks?
It seems that under Van Niekerk, MyBucks — like BFS — has found itself under mounting financial stress. MyBucks’ interim results to end-December showed a net loss after tax of €4.8m (R78.2m), with the net asset value of the company negative by €2.56m (R42m).
- Categories
- Finance
- Tags
- fintech
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Press release: 60 Investors Commit to Manage Over $350bn In Assets In Line With New Impact Principles
The organizations adopting the Principles collectively hold over $350 billion in assets invested for impact, which they commit to manage in accordance with the Principles. Future investments for impact will also adhere to the Principles. The Principles provide a clear common market standard for what constitutes an impact investment, addressing concerns about "impact-washing."
- Categories
- Investing
- Tags
- impact investing
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Press release: Deloitte Study: Only 19 Percent of Business Leaders Say They Are Ready to Lead the Social Enterprise – Despite Increased Importance
Organizations leading the social enterprise are moving beyond mission statements to help bring meaning back to the workplace and human identity back to the worker.
- Categories
- Technology
- Tags
- employment
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Nigeria Establishes Mobile Money Agents Loan Scheme
The Central Bank of Nigeria announced it would facilitate loans of up to NGN500 million ($1.4 million) to mobile money agents and registered companies in the sector as part of a plan to boost financial inclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: WaterEquity Announces Closing of Its US$50 Million Flagship Impact Investment Fund
Founded by actor Matt Damon and social entrepreneur Gary White, WaterEquity's funds invest in a portfolio of financial institutions and enterprises in emerging markets—enabling them to scale, meet increasing market demand, and deliver access to safe water and sanitation.
- Tags
- impact investing
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Press release: Aligned Intermediary awarded grant to support Climate Finance Partnership
The consortium has jointly committed to develop a flagship blended private infrastructure equity fund for climate infrastructure projects and companies in emerging markets. The fund aims to be one of the biggest blended vehicles to-date targeting climate-related investments in developing countries.
- Categories
- Investing
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Viewpoint: Nipsey Hussle’s Lessons For Investors
It’s incredibly tempting to claim Hussle as an impact investor, given the way he spoke so clearly about the critical importance of recycling money into communities for systemic change.
- Categories
- Investing
- Region
- North America
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