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Tradeable Impact Credits Could Boost Social Funding, Report Says
Trading impact credits based on social outcomes is proving a success in some places and should be scaled up to offset constraints on social funding, according to a new report developed by the Schwab Foundation, South Korean conglomerate SK Group’s Center for Social Value Enhancement Studies(CSES) and Rockefeller Philanthropy Advisors.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Africa to Be Hit Hard as UK Foreign Aid Cuts Revealed
A Foreign Office report and impact assessment show the biggest cuts this year will come in Africa, with less spent on women's health and water sanitation with increased risks, it says, of disease and death.
- Categories
- Finance, Health Care, WASH
- Region
- Sub-Saharan Africa
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M-KOPA-Branded Smartphones Surpass 1 Million Sales in First Year in Kenya
Leading fintech company M-KOPA has achieved a remarkable milestone, surpassing 1 million sales of its branded smartphones within just 12 months of launch.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Boehringer Ingelheim Invests in Kasha Global to Expand Women’s Health Access in Africa
Kasha Global operates a distribution model designed to reach underserved populations where 52% of Africans lack access to necessary healthcare.
- Categories
- Education, Health Care, Investing
- Region
- Sub-Saharan Africa
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African Development Bank Approves Financing to Advance Rwanda’s Universal Energy Access
The RBF II program is anchored on Rwanda’s Energy Sector Strategic Plan and aims to improve the quality of life of residents, drive economic growth, and reduce poverty through targeted investments in the energy sector.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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AfCFTA Credit Fund Launches With $10 Million Investment in Telecel Global Services
Telecel Global Services provides wholesale voice and SMS services, as well as enterprise connectivity solutions, to over 250 telecom operators across the continent and globally.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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