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African Development Bank to Launch $270M Fund for Social Impact Investors
The African Development Bank is setting up a new US$270m social impact fund to support small and medium-sized enterprises.
- Region
- Sub-Saharan Africa
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Here’s How Countries Might Actually Reach the UN Sustainable Development Goals
Policymakers knew that aid alone would never be able to meet the financing needs of development. But the SDGs were accompanied by the optimistic “billions to trillions” vision, in which many believed that an abundance of commercially-viable SDG-related investments were ready and waiting for trillions in profitable private investment.
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Viewpoint: Europe Needs Its Own Development Bank
The European Union needs a development bank so that it can strengthen its capacity to respond to global and regional challenges – above all, to risks and opportunities in Africa. At a time of increasing uncertainty, growing international threats, and fundamental challenges to multilateralism, solid institutions are needed more than ever.
- Categories
- Finance
- Region
- Europe & Eurasia
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Aavishkaar Group Scoops up $37 Million in Fresh Financing From FMO
Aavishkaar Group, one of the world’s largest impact investors, has raised $37 million in fresh financing from Dutch development finance institution FMO.
- Categories
- Investing
- Region
- South Asia
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Protecting Women Will Make You Money
Big investors are starting to use a new metric to assess financial risk: rates of gender-based violence.
- Categories
- Investing
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Viewpoint: China’s Belt and Road Global Infrastructure Plans Are Dooming the Planet
Unless the United States challenges Chinese claims and competes with Chinese development projects, Beijing will continue to diplomatically benefit from asserting leadership with little cost.
- Categories
- Environment
- Region
- Asia Pacific
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Accion Venture Lab Launches $23m Inclusive Fintech Startup Fund
The Accion Venture Lab Limited Partnership, as it’s called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the under-served at scale,” per a company release.
- Categories
- Finance
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PEG Africa Raises $5M in Debt Funding From ElectriFI
PEG Africa currently provides 400 000 daily users in Ivory Coast, Ghana and Senegal with credit for solar home systems via its pay-as-you-go financing model.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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