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Press Release: Convergence Blended Finance Releases New Findings — Reports 45% Decline in Global Blended Finance for Climate
Public financing for climate, while increasing, has seen the overall growth rate decline, private climate financing volumes lag, and climate blended finance flows regress.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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ABC Fund Invests €800,000 into Ugandan Coffee Supplier JKCC
The ABC Fund is a blended-finance impact fund which provides catalytic financing to underserved yet profitable segments of agribusiness value chains in developing countries.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: Crossboundary Access and Mobile Power Announce $10 Million Partnership to Scale Battery Swapping Services Across Nigeria
CrossBoundary Access will finance the development and construction activities and will own the projects, while Mobile Power will ensure that residents receive clean, reliable electricity for years to come.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: CrossBoundary Access’ Blended Finance Model Attracts $10 Million for Mini-Grids from African Development Bank’s Sustainable Energy Fund for Africa (SEFA)
Africa’s first blended finance facility for mini-grids, CrossBoundary Access, announced $10 million in new funding commitments from the African Development Bank (AfDB) Sustainable Energy Fund for Africa (SEFA).
- Categories
- Energy, Environment, Finance
- Region
- Sub-Saharan Africa
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The Overlapping Impacts of Off-Grid Solar: Four Ways Innovative Funding Can Enable the Sector to Advance Global Climate and Poverty Goals
How can the off-grid solar sector achieve its energy access and climate-related goals? Laura Fortes and Drew Corbyn at GOGLA argue that there’s one clear answer to that question: more and better finance. They discuss four ways innovative funding models can enable the sector to rapidly and radically accelerate progress toward universal energy access and other development goals.
- Categories
- Energy, Environment, Investing, Technology
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Press Release: IFC Invests in Cote d’Ivoire Fund to Boost Growth of SMEs in West, Central Africa
IFC's support includes an equity investment of up to €7.5 million from IFC's SME Ventures program and an additional €7.5 million from the Blended Finance Facility of the International Development Association's Private Sector Window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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British International Investment Makes First Investment in Development Impact Bonds
The Fund uses an innovative blended finance structure to invest in impact bonds and similar outcomes-based contracts that support the UN Sustainable Development Goals.
- Categories
- Investing
- Region
- Global
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Press Release: BII and U.S. DFC Invest in SDG Blended Finance Initiative Led by UBS Optimus Foundation and Bridges Outcomes Partnerships
SDG Outcomes initiative has so far invested in three high impact educational and environmental programs in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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