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Press Release: DFC Approves New Investments to Advance Sustainable Economic Development, Respond to COVID-19, and Advance Gender Equity
The U.S. International Development Finance Corporation (DFC) Board of Directors at its quarterly meeting approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other sub-Board investments totaling nearly $350 million since its last quarterly Board meeting in December, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy and strengthen gender equity around the world.
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- Investing
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Press Release: Deetken Impact and Pro Mujer Receive $1.3 Million From USAID to Advance Gender Equality and Promote Gender Smart Practices in SMEs in Latin America
Deetken Impact and Pro Mujer receive US$1.3 million from USAID to augment the Ilu Women’s Empowerment Fund through three main components—incremental capital, technical assistance, and knowledge dissemination and advocacy.
- Categories
- Finance, Social Enterprise
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Investment for Women-Led Businesses is Missing Ingredient in African Entrepreneurship
Women make up 58% of African’s self-employed population, yet there are still significant imbalances between opportunities to scale, access to funding and training between men and women-led businesses on the continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Embedding Gender Equity Into Companies’ DNA: An Investor Consortium Builds the Evidence Base for Gender Lens Investing
As gender lens investing moves into the mainstream, investors and enterprises need support in getting buy-in for this approach – and in implementing it effectively. To that end, the Gender-Smart Enterprise Assistance Research Coalition is working to build the evidence base for investing with a gender lens, with support from the Performance Measurement and Improvement team at the William Davidson Institute. NextBillion spoke with Lisa Willems at AlphaMundi and Rebecca Fries at Value for Women about the momentum that’s driving gender lens investing, the challenges it faces and the work the new consortium is doing.
- Categories
- Investing
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Press Release: Stephanie Cohn Rupp Appointed CEO of Veris Wealth Partners
Veris Wealth Partners, a B Corp certified impact wealth management firm, announced today that Chief Operating Officer Stephanie Cohn Rupp has been promoted to CEO. Cohn Rupp’s appointment to the CEO position demonstrates the firm’s ongoing commitment to talent development and its 100% focus on impact investing.
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- Investing
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Analysis: Humanitarian Crises Monitoring: Coronavirus in Developing Countries: Secondary Impacts
Developing countries face disastrous healthcare setbacks, hunger and huge international debt as covid-19’s ‘final wave.’
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- Coronavirus, Health Care
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India to Upgrade Rural Power Distribution Networks
The Asian Development Bank (ADB) and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electricity supply to consumers in the state of Uttar Pradesh.
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- Energy
- Region
- Asia Pacific
- Tags
- gender equality
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Fighting Extreme Poverty During COVID-19: Two Proven Ways to Build Resilience in Times of Catastrophic Disruption
COVID-19 has disrupted life for practically everyone around the world, but people living in extreme poverty are particularly affected. And some estimate that the crisis could push over 80 million more people into extreme poverty. Muhammad Musa at BRAC International discusses two programs that could reduce this impact, improving the lives of marginalized communities both during and after the pandemic.
- Categories
- Coronavirus