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Press Release: World Bank Group Mobilizes Over $14.4 billion for Latin America and the Caribbean Development in Fiscal Year 2019
“We have stepped up our efforts in the last 12 months to help the private sector in Latin America and the Caribbean carry out new projects that are focused on solving some of the region’s most critical development challenges,” said Georgina Baker, IFC Vice President for Latin America and the Caribbean. “We are working closely with the private sector in the region to help mitigate climate change, create more jobs, more affordable housing, better transportation options, and more livable cities,” she said.
- Categories
- Investing
- Region
- Latin America
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Press Release: Upaya Social Ventures Funds Its Latest Investments from A Recoverable Grant Pool
Upaya raised $2 million to expand its job-creating investments, including an innovative $1 million Pool of Recoverable Grants that was used to fund its latest two investments in agribusiness enterprises.
- Source
- Press Release
- Categories
- Uncategorized
- Region
- South Asia
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Does Facebook Need A Humanitarian Partner For Its New Digital Currency?
Libra, according to its website, wants to "reinvent" money by making a financial transaction as cheap and simple as "sending a text message or sharing a photo."
- Categories
- Finance, Technology
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Melinda Gates Pushes G7 to Close Digital Gender Gap in Africa
G7 finance ministers meeting in France are to endorse a paper from the Gates Foundation saying there is a serious risk that digital technology and mobile banking will bypass millions of women in Africa, leaving them disempowered for a generation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Learning to Think Like a Social Entrepreneur: How Nordic Rebels’ ‘Cooking Slam’ Enhances Entrepreneurship Education
Entrepreneurship is characterized by uncertainty – especially when it's tackling some of society’s biggest challenges. So how can social entrepreneurs learn to navigate this unpredictability as they work to create successful ventures? Nordic Rebels prepares entrepreneurs for these challenges through a unique education program that features a cooking contest. Adithya Varadarajan and Katharina Schilli discuss this innovative approach.
- Categories
- Education, Social Enterprise
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Let’s Get Real: Energy Access is Leaving Everyone Behind
Despite popular energy industry catchphrases like “leaving no one behind,” John Keane, the CEO of SolarAid and SunnyMoney, doesn’t buy the hype. While he sees much progress in new businesses, products and services entering emerging markets, Keane sees a tough road ahead for “smart, well-funded, entrepreneurs selling solar in the world” who also want to reach the poorest customers. Keane’s call to action includes re-prioritizing and re-focusing on the low-income customers the industry says it's trying to serve.
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- Energy
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Chronic, Not Acute: The Refugee Crisis Needs Long-Term Solutions – And Social Enterprise Can Help
It’s time to stop addressing the global refugee crisis with short-term emergency measures, and to start seeking long-term solutions, says Thane Kreiner at Miller Center for Social Entrepreneurship. One of those solutions is entrepreneurship, and Kreiner shares five lessons from the Center's Social Entrepreneurship at the Margins (SEM) accelerator program for businesses serving or led by refugees and other displaced people. The Center is selecting its second SEM accelerator cohort, and applications are open worldwide until August 23, 2019.
- Categories
- Investing, Social Enterprise
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Drug Prices Can Take A Surprising Turn When A Poor Country Gets Richer
A new report, published by the Center for Global Development in June, finds that as countries move up the ladder of economic development, it becomes harder for government agencies, hospitals and health care companies to buy drugs at reasonable prices.
- Categories
- Health Care