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Dutch and Austrian DFIs back REGMIFA to Support sub-Saharan African MSMEs
The Dutch development bank FMO and Austrian DFI Oesterreichische Entwicklungsbank have invested $20m into the Regional MSME Investment Fund for sub-Saharan Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces $30 Million Technical Assistance Facility During Americas Partnership for Economic Prosperity Ministerial Meeting
The new investment represents a strategic response to the need for more support in project development in the region.
- Categories
- Investing
- Region
- Latin America
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How Young People are Driving Africa’s Digital Future: A Recent Report Highlights the Impacts of Technology — And the Need for Greater Support
With over 400 million people between the ages of 15 and 35, Africa has the world’s youngest population — and by 2050, this youth population is projected to increase by 73%. As Grace Natabaalo and Chelsea Horváth at Caribou Digital explain, young Africans are leveraging digital platforms to find work, education and more — but they face numerous challenges in accessing and using technology. They share highlights from a new report based on discussions with 20 young people from seven countries across Africa, which show the impact of digital technology — and how this impact could be amplified.
- Categories
- Education, Technology
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Earthshot Carbon Development Platform Raises $5.5 Million Series A
"Earthshot has one of the most experienced and scientifically credentialled teams in the industry, and has a proven track record with many of the largest companies in the world."
- Categories
- Environment, Investing
- Region
- Global
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Why Americans Struggle to Share Power — And How Western Social Entrepreneurs Should Change Their Approach to Empowerment in the Global South
Who has the power in impact-focused enterprise? Many believe that this question lies at the heart of social enterprises' work, and that localizing power should be a core goal of the sector. But as Andrea Nelson Trice explains, this approach remains discouragingly rare among Western businesses and investors in emerging markets. She explores why it's so difficult for Westerners — and particularly Americans — to empower others, and shares solutions based on interviews and case studies with 90 American and Global South leaders working in the development space.
- Categories
- Social Enterprise
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SolarAid Wins Charity Awards International Aid & Development Category
SolarAid took the top prize in the International Aid & Development category at the 2024 Charity Awards this week, winning for its Light a Village project in Malawi.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Warren Buffett Pledges $100 Billion for Nothing in Particular
At one point, the Gates Foundation expected to receive the bulk of Buffett's estate, and even put together a plan nicknamed "Project Lincoln" to prepare for the massive bequest.
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- Investing
- Region
- North America
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Zero Gap Fund Mobilizes $1.04 Billion in Private Capital To Advance UN Sustainable Development Goals
The Zero Gap Fund: 2023 State of the Portfolio report highlights the critical role of catalytic capital in addressing the world’s most pressing challenges.
- Categories
- Investing
- Region
- Global