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Press release: OurCrowd Partners with Social Finance Israel to Launch Impact Fund Targeting $30M
OurCrowd, a global investment platform and Israel’s leading venture investor, has announced it is partnering with Social Finance Israel, the Israeli impact advisory leader, to launch an Impact Fund focused on venture-backed businesses solving some of the world’s greatest challenges. The fund will invest in companies with demonstrated alignment to the UN’s 17 Sustainable Development Goals.
- Categories
- Investing
- Region
- North Africa & Near East
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MTN, Ericsson extend mobile money deal
MTN and Ericsson have signed a five-year contract extension to deploy new products and provide managed services for mobile money services in 13 countries across Africa and the Middle East.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Yellow Door Energy Raises $65M for C&I Solar in the Middle East and Africa
The funding injects capital into commercial-scale solar, which has languished in the region as massive auction-based projects boom.
- Categories
- Energy
- Region
- North Africa & Near East
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Canada finally gets into the development finance game — will it work?
FinDev Canada, Canada’s development finance institution (DFI), was launched earlier this year, and has pledged to invest $300 million over five years. Canada is the last G7 country to create a DFI.
- Categories
- Investing
- Region
- North Africa & Near East
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Queen Rania Foundation launches education entrepreneurship award
The Award includes a grant worth $200,000, which will be given to the top three start-ups, allowing the winners to accelerate the growth plans of their businesses.
- Categories
- Education, Entrepreneurship
- Region
- North Africa & Near East
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The Impact Of The Middle East’s Fintech Boom On Economic Inequality In The Region
History tells us that any new technology can lead to one of two diametrically-opposed social outcomes: the technology can help balance the distribution of global wealth, or it can deepen economic and social inequality.
- Categories
- Finance
- Region
- North Africa & Near East
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Nepal’s Largest Solar Project Gets $200 Million Impact Investment
The Investment Board of Nepal (IBN) has approved foreign investment of $200 million for the development of a 170 megawatt solar power plant, the largest-ever solar project in Nepal. It is the first phase of a project to build solar plants with a total installed capacity of 850 megawatt in Nepal.
- Categories
- Energy
- Region
- North Africa & Near East
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81 Designs: A social enterprise that marries art with women’s empowerment
The brand oversees a group of refugee women as they recreate the works of leading Middle Eastern artists in the traditional “tatreez” style of cross-stitching.
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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