-
Odyssey Energy Solutions Raises $74 Million to Accelerate Distributed Renewable Energy Financing in Emerging Markets
The funding will scale Odyssey's platform in regions including Asia, Africa, and Latin America.
- Region
- Global
-
Moving Beyond Grants: How NGOs Can Diversify Toward Earned Revenue, and How Funders Can Support That Transition
The development sector has reached an increasingly firm consensus that it needs to depend less on grants as the aid landscape evolves, and strategies to generate earned revenue have emerged as a key solution for NGOs seeking to remain financially sustainable. But as Toon Driesen at the Enabel Innovation Hub and Alex Losneanu and Pritika Kasliwal at Brink explain, commercializing innovative solutions to complex societal issues typically costs money before it makes money, and early funding support often falls away before a business model can scale. They share research that reveals what NGOs must do differently to execute the transition to an earned revenue model, and explore how funders can help them implement these changes.
- Categories
- Investing, Social Enterprise
-
An Important Update on ANDE’s Future and Sunsetting Operations
Danielle Baussan, Interim Executive Vice President for Policy Programs at the Aspen Institute has made the difficult decision to wind down ANDE’s operations and sunset the network by November 2026.
- Categories
- Education, Energy, Finance, Health Care, Investing, Social Enterprise, Technology
- Region
- Global
-
TRANSCO Launches QR Code E-Ticketing System to Modernise Public Transport in DR Congo
Speaking through TRANSCO’s Communications and Press Unit, Kilubu highlighted three major benefits of the new electronic ticketing system. He said the reform would give the transport company greater control and visibility over its daily ticket revenue by enabling it to accurately track the number of tickets sold.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
-
Hijau Raises $10 Million to Scale Distributed Solar Projects Across Indonesia
Founded in 2017, Hijau develops rooftop solar projects mainly for commercial and industrial customers. The company follows a zero-capital-expenditure model, allowing businesses to install and use solar systems without making large upfront investments in equipment.
- Categories
- Energy, Investing, Technology
- Region
- South Asia
-
VC Firm Ventures Platform Closes Pan-African Fund II at $84 Million
The firm targets companies that bridge infrastructural gaps and promote prosperity by eliminating access barriers and reducing delivery costs across the continent by identifying companies that address non-consumption through market-creating innovations.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
-
Africa Finance Corporation Launches Infrastructure Climate-Resilient Fund Nigeria to Mobilise Domestic Institutional Capital
Registered with the Securities and Exchange Commission (SEC) as a closed-end fund, ICRF Nigeria is designed to channel capital from pension fund administrators (PFAs), insurers, asset managers and other Nigerian institutional investors towards a diversified portfolio of commercially viable high-impact infrastructure opportunities.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Analysis: Big Aid Is Over
"In Africa, governments have little to spend, and—in the short run, at least—these cuts are really going to hurt."
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.