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Overcoming the Limitations of Donations: An English Education Nonprofit in India Transitions to Social Enterprise
Access to quality English language instruction has become a key to upward mobility in the developing world. But as Andrew Spearing and Nilabh Agrawal at Instilt Educate point out, for nonprofits in the English education space that are looking to rapidly scale, the donation-only model is a non-starter. They discuss the limitations of the nonprofit revenue model, and explore how Instilt Educate has navigated the challenges it has encountered in launching a paid element to complement its usual donation-based fundraising.
- Categories
- Education, Social Enterprise
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GM Is in the Energy Business Now
The new unit, GM Energy, is selling stationary energy storage, solar and software to EV owners and utilities.
- Categories
- Technology
- Region
- Global
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Press Release: Equinix Expands to Indonesia with $74 Million Data Center Investment
Indonesia plans for an approximately $74 million International Business Exchange™ (IBX®) data center in the heart of Jakarta.
- Categories
- Technology
- Region
- South Asia
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Google Picks South Africa for Its First Cloud Region in Africa
Google said it is also building Dedicated Cloud Interconnect sites, which link users’ on-premises networks with Google’s grid.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Equity Bank Avails $6 Billion Fund to Boost Business Recovery Across Africa
Equity Bank Rwanda Plc has called on businesses to take advantage of the $6 billion fund available to support recovery and post Covid-19 resilience.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The Fund for Export Development in Africa (FEDA) Announces Its First Close of US $670 Million Across Four Fund Strategies
FEDA, the impact investment arm of the Afreximbank has been set up to support intra-African trade growth, value-add export development and industrialization.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Governance As The Force For Real Change In The ESG World
Sustainability is an essential result of ESG criteria, but it is often misunderstood. Some companies only associate it with what is considered “green” and get caught up in environmental strategies.
- Categories
- Investing
- Region
- Global
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Vendease, a Food Procurement Platform for African Restaurants, Nabs $30 Million Led by Partech Africa and TLcom
The YC-backed food procurement platform has doubled down on the pivot — instrumental to the company’s $3.2 million seed round last October.
- Categories
- Technology
- Region
- Sub-Saharan Africa