NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Viewpoint: Can Trust-Based Philanthropy Become the Mainstream?

Companies worldwide are trying to differentiate themselves in the market, cut through the noise, and avoid becoming a casualty of the ‘Great Resignation’.

Source

Business Insider India (link opens in a new window)

Categories

Investing

Region

Global

Tags

ESG investing, finance, financial innovation, partnerships, philanthropy, social impact, sustainability

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.

Source

Afreximbank (link opens in a new window)

Categories

Finance

Region

Sub-Saharan Africa

Tags

business development, finance, financial inclusion, investing, private equity, social impact

Press Release: CrossBoundary Energy Access and Engie Energy Access Sign Largest Mini-Grid Project Finance Transaction in Africa to Build $60 Million of Mini-grids in Nigeria

CBEA and ENGIE are excited that this innovative financing approach will provide electricity to more than 150,000 people in Nigeria and can be replicated across Africa.

Source

ENGIE Energy Access Nigeria (link opens in a new window)

Categories

Energy, Investing

Region

Sub-Saharan Africa

Tags

economic development, electricity, energy access, finance, impact investing, minigrids, renewable energy

Sidian Bank Signs Guarantee Deal for Health Sector SME Loans in Kenya

The facility is targeting healthcare facilities covering any shortfall they have in their collateral when borrowing from Sidian Bank.

Source

Business Daily (link opens in a new window)

Categories

Health Care

Region

Sub-Saharan Africa

Tags

banking, finance, healthcare, healthcare finance, small business, SMEs

IDP Foundation Announces Launch of Ongoza Program in Kenya

Through Ongoza Dignitas will provide continuous professional development support to teachers and instructional leaders on classroom culture, learner engagement, and instructional leadership.

Source

News Ghana (link opens in a new window)

Categories

Education

Region

Sub-Saharan Africa

Tags

education, finance, financial services, leadership, SMEs

Press Release: Deetken Impact Launches Gender-Smart Alternative Finance Fund

The Fund will complement the strong track record of its first three debt impact funds by offering gender-smart, tailored financing instruments at scale.

Source

Deetken Impact (link opens in a new window)

Categories

Investing

Region

Latin America

Tags

finance, gender equality, gender gap, gender lens, impact investing, SDGs, SMEs

Nigeria’s YC-backed Remedial Health raises $4.4 Million Seed Funding

Nigerian health tech startup Remedial Health has grown its reach from six to 16 states within West Africa.

Source

TechCrunch (link opens in a new window)

Region

Sub-Saharan Africa

Tags

digitization, emerging markets, finance, healthcare delivery, healthcare technology, startups, supply chain

Press Release: African Women Impact Fund Launches With USD$60 Million Commitment to Drive an Inclusive Investment Environment

Announcing the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million.

Source

ECA (link opens in a new window)

Categories

Entrepreneurship, Investing

Region

Sub-Saharan Africa

Tags

entrepreneurship, finance, inclusive business, SDGs, Women, women entrepreneurs