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Tanzania to Become First Sub-Saharan African Country to Introduce the Ritz-Carlton
Tanzania is set to make history as the first Sub-Saharan African country to introduce The Ritz-Carlton brand.
- Region
- Sub-Saharan Africa
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African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The programme will boost the private sector's contribution to the national economy by improving the overall business environment.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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African Development Bank Group’s Sustainable Energy Fund for Africa Approves $10 Million Contribution to KawiSafi II Clean-Energy Fund
KawiSafi II is a $200 million venture equity fund to address investment gaps in energy transition, productivity, mobility and logistics in sub-Saharan Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: Upaya Social Ventures Successfully Exits From Resham Sutra, Celebrates Creation Of Dignified Jobs In India’s Silk Industry
Resham Sutra is a New Delhi-based social business dedicated to empowering local artisan communities by providing solar-powered silk yarn production machines.
- Categories
- Social Enterprise
- Region
- Asia Pacific
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BII Commits $50 million to Access Bank to Support Businesses in Nigeria
Access Bank is one of the largest banks in Nigeria, that is committed to providing support to businesses through funding, capacity building and networking opportunities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The Pros and Cons of a Family-Like Culture in Social Enterprise: How to Build an Organizational Culture That Doesn’t Compromise Your Mission
In the world of social entrepreneurship, the line between work and family often blurs. Many social enterprises count actual family members among their staff or leadership, and many others pride themselves on their family-like cultures. But Andreana Drencheva at King’s College London argues that this close-knit organizational culture can also have downsides. She shares research that highlights the benefits and costs of family-like cultures in social enterprises, and presents strategies that can help entrepreneurs maximize the advantages while minimizing the risks.
- Categories
- Social Enterprise
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Fintech for Gig-Workers OCN Raises $86 Million
OCN is the leading Fintech for gig workers across the Americas.
- Categories
- Finance, Technology
- Region
- Latin America
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Why Americans Struggle to Share Power — And How Western Social Entrepreneurs Should Change Their Approach to Empowerment in the Global South
Who has the power in impact-focused enterprise? Many believe that this question lies at the heart of social enterprises' work, and that localizing power should be a core goal of the sector. But as Andrea Nelson Trice explains, this approach remains discouragingly rare among Western businesses and investors in emerging markets. She explores why it's so difficult for Westerners — and particularly Americans — to empower others, and shares solutions based on interviews and case studies with 90 American and Global South leaders working in the development space.
- Categories
- Social Enterprise