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Solar products maker d.light raises $41 million from African investment firm, others
d.light Design Inc., a San Francisco-based solar lighting and power products maker with operations in India, has raised $41 million (about Rs 294 crore) in equity funding from a consortium led by Inspired Evolution, an Africa-focused investment advisory firm specialising in the energy sector.
- Region
- Sub-Saharan Africa
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Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune
Inyenyeri, aims to replace Africa’s overwhelming dependence on charcoal and firewood with clean-burning stoves powered by wood pellets. The business has just a tad more than 5,000 customers and needs perhaps 100,000 to break even.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: Blockchain Could Unlock Access to Stock Exchanges for Entrepreneurs Worldwide
Entrepreneurs in the developing world seeking capital and investors looking for opportunity. Blockchain is the solution for them both.
- Categories
- Technology
- Tags
- blockchain
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Markets in Cambodia Cheer First Bond Issue
Long-awaited listing lifts local firms' hopes of following suit to raise funds.
- Categories
- Investing
- Region
- Asia Pacific
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Viewpoint: Sustainable investing risks becoming a victim of its own success
The world of sustainable and socially responsible finance lacks structure and standards. Without these, there’s little to protect against “greenwashing.”
- Categories
- Investing
- Tags
- impact investing
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Study: 10 Key Alpha Drivers in Impact Investing
Social responsible investing includes unique drivers that gives it more impact to its focus.
- Categories
- Investing
- Tags
- impact investing
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UK Teams With IFC To Mobilize $2 Billion In Green Construction Financing
“Green buildings represent a powerful opportunity to address climate change in emerging markets,” said Hans Peter Lankes, IFC’s Vice President for Economics and Private Sector Development. “Investments in green buildings certified with EDGE and other standards could represent a $3.4 trillion opportunity over the next decade. Blended finance is a valuable tool to help create new markets for green construction by mobilizing private capital through financial intermediaries.”
- Categories
- Environment, Finance
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Chinese retailers warned over mobile money choice
In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.
- Region
- Asia Pacific
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