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Press release: Investor initiative chooses ideas that will mobilize investment for sustainable cities, energy access, blue carbon, and sustainable agriculture in developing countries
The new ideas target four areas where accelerated investment for climate adaptation and mitigation is urgent: sustainable cities, energy access, blue carbon in coastal & marine ecosystems, and sustainable agriculture for smallholder farmers in West & Central Africa.
- Categories
- Energy, Environment, Investing
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Businesses ‘doing good’? Prove it
“It is a bit of a dark art, measuring impact,” Jessi Baker, founder and chief executive of Provenance, a British social enterprise that uses blockchain technology to make supply chains more transparent, told the Thomson Reuters Foundation.
- Categories
- Impact Assessment, Technology
- Region
- Europe & Eurasia
- Tags
- blockchain
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Alarm Over Numbers of Mobile Loan Defaulters in Kenya
Currently, there are more than 380,000 Kenyans that have so far defaulted on loans taken from mobile money lenders according to a comprehensive report by Metropol Corporation CEO, Sam Omukoko.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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The MacArthur Foundation is giving away another $100 million gift–and helping others make big bets
After the success of the original 100&Change contest, the foundation is repeating the experiment, and spinning off a competition nonprofit to help other foundations give game-changing sums to promising solutions.
- Categories
- Investing
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Press release: SoftBank Group Corp. Announces Launch of New $5 Billion Technology Growth Fund for Latin America
The unique traits and rapid economic development of the Latin American market, coupled with the fact that it represents 10% of the world’s population and 8% of the world’s GDP (two times the GDP of India and half that of China), present significant growth opportunities for rapid technology deployment at scale and disruptive innovation.
- Categories
- Technology
- Region
- Latin America
- Tags
- impact investing
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Paypal to invest $750M, and Dragoneer $100m, into MercadoLibre, Argentina’s e-commerce powerhouse
“Digital commerce in Latin America is experiencing tremendous growth and MercadoLibre is well-positioned for continued leadership,” said Dan Schulman, president and CEO, PayPal, in a statement. “We’ve been impressed with the digital commerce and payments ecosystem Marcos and his team have built.”
- Categories
- Finance, Technology
- Region
- Latin America
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Safaricom increases e-commerce stakes after Alibaba Group deal
“This partnership seeks to connect Kenyans to even more business opportunities by enabling them to seamlessly source, purchase and import goods from the world’s leading manufacturers,” Safaricom Chief customer officer Sylvia Mulinge said.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: The Problem With Opportunity Zones
The framework, funded in part by the Kresge Foundation, is an important first set of principles to guide this rapidly emerging market. But those principles are only as useful as their adoption.
- Categories
- Investing
- Region
- North America
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