-
BUILD Act passage signals new era for U.S. development finance
Using blended finance, the Federal government will look to attract impact investors and other private capital to projects that advance development and diplomatic goals.
- Categories
- Investing
- Region
- North America
-
IDB Invest and OPIC launch first gender lens investment fund for Latin America and the Caribbean
“With Fund Mujer, we are not only investing in women-owned and led enterprises. We are also investing in enterprises that provide quality employment and access to products and services that address critical barriers so that we may enhance women’s economic participation and success. With Fund Mujer we are moving beyond merely counting women; we are also valuing women,” added OPIC Managing Director for Global Women’s Issues Kathryn Kaufman.
- Categories
- Investing
- Region
- Latin America
-
Sri Lanka, UNDP launch social impact funds to support small businesses
Sri Lankan small firms and micro enterprises whose goals include ending poverty and environmental protection will be able to get money and management support from two social impact funds with total capital of US$25 million launched Wednesday.
- Categories
- Investing
- Region
- South Asia
-
Press release: State of Blended Finance report 2018 reveals growth of blended finance market
“In two years since Convergence has launched, we have seen blended finance enter the mainstream, leaving a mark on not just major meetings and conferences around the world but in international development policy and strategies,” says Joan Larrea, CEO at Convergence. “This report breaks through the noise to give practitioners a clear sense of the current trends and best practices, so they can steer the right blend of capital into transactions that address the SDGs.”
- Categories
- Investing
-
OPIC commits $25 million through Sunfunder to expand access to off-grid power in Africa and Asia
The OPIC commitment consists of both a senior and a subordinated tranche, which will help catalyze other impact-focused investors to achieve a target fund size of $85 million. SunFunder projects that the Solar Energy Transformation Fund will make individual loans to more than 50 off-grid solar companies, which in turn will enable more than three million people to gain access to clean, affordable energy and lighting.
-
Press release: FMO Investment Propels Meloy Fund Past $22 Million for Sustainable Coastal Fisheries
“FMO is proud to join the Meloy Fund and contribute to the creation of economic opportunities for small-scale fisheries in Indonesia and The Philippines” said Maurice Scheepens, Investment Officer of the Agri, Food & Water department at FMO. “The partnership with Rare, which provides amongst others technical expertise and networks, ensures that inclusive development is linked with the conservation of critical marine habitat.”
- Source
- Press release
- Categories
- Environment, Investing
- Region
- Asia Pacific
-
Press release: OPIC Board approves nearly $900 million to development projects in Africa, Asia and Latin America
“At a time when the world’s emerging markets are in great need of development finance, OPIC’s support for these projects will mobilize private investment through a model that is financially sustainable, promotes American best standards and protects local communities and workers,” said Ray W. Washburne, OPIC President and CEO.
- Categories
- Investing
-
No savior: Can blended finance work for WASH?
While many say there is new momentum building around innovative financing streams, discussions at the recent Stockholm World Water Week conference made clear that more focus is needed on building up the “demand-side,” rather than solely on developing what one delegate described as “sexy” financial instruments.
- Categories
- WASH
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.