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Press release: €1 million crowd funded in record time for off-grid solar
TRINE and BBOXX launched its first of six crowdfunding rounds on 10 February. The €1 million target was hit on 9 March, making it the fastest fundraise of debt finance ever in the industry. The loan will be disbursed at the beginning of April and enable BBOXX to scale up its operations in Kenya.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Closing the Gender Gap in Women’s Access to Financial Products and Services Could Unlock $330 Billion in Annual Global Revenue
A new report from BNY Mellon and the UN Foundation reveals that increasing women's access to financial products and services could expand the market for financial service providers and promote gender equality.
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Press release: The Aspen Network of Development Entrepreneurs and MetLife Foundation announce awards to support financial inclusion in Latin America
The goal of the ANDE Catalyst Fund is to increase the productivity and effectiveness of ANDE members, while creating tools and insights that can help the small and growing business (SGB) sector as a whole. This round’s winners—ARTEMISIA, New Ventures, Village Capital, and World Vision Canada—are working to increase access to financial services for low- and moderate-income Latin Americans.
- Categories
- Uncategorized
- Region
- Latin America
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Women’s Financial Inclusion: What the Gallup World Poll Tells Us
Recently released data from the 2016 Gallup World Poll paints an updated picture of women’s phone ownership across more than 140 economies and 97 percent of the world’s adult population. This new data shows that, in fact, 81 percent of women worldwide own a mobile phone, with women’s ownership rate in the developing world as high as 80 percent.
- Categories
- Finance
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The intensifying battle for Africa’s burgeoning tech landscape
The scale and complexity of Africa’s technical landscape sits at the heart of the problem, and connectivity issues are particularly prevalent. Internet users in Africa represent only 10 percent of the total users in the world, despite representing 16 percent of the world population, according to Internet World Stats. And only 31 percent of the total population has access to the internet, which represents a penetration that is well below the rest of the world at 52 percent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: Do companies walk the talk on investing in communities in India?
The third edition of IRBI 2017 report reveals that community development remains a significant thrust area for businesses for their social development projects, but a closer look reveals many shortcomings
- Categories
- Impact Assessment
- Region
- South Asia
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India’s first AI research institute opened in Mumbai
Based in Mumbai, the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) is partnering with the government of Maharashtra for its mission to create AI solutions for social impact. The Maharashtra government will help the institute identify problems, and test and scale the solutions.
- Categories
- Technology
- Region
- South Asia
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Microenterprise graduation leads to higher consumption, asset ownership
“Helping the ultra-poor escape extreme poverty is a global priority, but policymakers are faced with competing ideas about the best way to accomplish this,” said Village Enterprise’s CEO Dianne Calvi.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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