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Mission Impossible? How Large Asset Managers Can Avoid ‘Mission Drift’
In recent years, an increasing number of large asset managers have entered the impact investing arena. But many of them still focus mainly on financial returns, failing to develop a truly “impact first” approach. Florian Kemmerich of Bamboo Capital explores three ways large asset managers can deliver legitimate impact, while reducing the risk of possible mission drift.
- Categories
- Impact Assessment, Investing
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Press release: Goodwell launches EUR 20 million fund
Goodwell Investments has launched a new EUR 20 million fund for investments in the inclusive economy in Sub-Saharan Africa. The launch specifically meets the growing demand for impact investments from private investors, family offices and foundations, and plays to the many investor requests Goodwell received following the successful closure of its predecessor fund earlier this year.
- Source
- Press release
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press release: Ambitious new Innovation Partnerships with African countries
A series of ambitious new Innovation Partnerships between the UK and Africa are expected to stimulate significant economic growth and support the creation of thousands of new jobs. Initiatives in South Africa, Kenya and Nigeria will include teams to boost innovation in technology, an accelerator programme and entrepreneurship schemes.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Collaboration for Impact: The 2018 Edition of SEEP’s Annual Conference
The SEEP Network's flagship event is less than a month away. The theme of this year's conference, "Collaboration for Impact," will highlight the importance of multi-sector changemaking and empower attendees with the insights needed to take their impact to the next level. The event will feature informative breakout sessions and prominent contributing orgs like Grameen Foundation, USAID and BRAC. Read more in this preview from SEEP program associate Mashal Amjad, including information on how you could win a free ticket from NextBillion.
- Categories
- Social Enterprise
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Press release: UN reveals global number of girls not in school is increasing
Equal education for girls is an unfulfilled promise for the majority of the poorest families in low-income countries. Around 131 million girls worldwide are still out of school, and for them equality remains elusive. According to the latest UN reports, the number of out of school girls at primary level grew from 32 million in 2015 to 34 million in 2016.
- Categories
- Education
- Tags
- global development, SDGs
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China is outpacing and outspending the U.S. on global development
China doubled its diplomacy budget over the last five years, proposing to increase its foreign affairs budget by 15 percent in 2018 alone, at the same time that the United States considers proposals to cut its funding for diplomacy and development by 30 percent.
- Region
- Asia Pacific
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Purdue to be part of a $70 million consortium for global development
United States Agency for International Development, or USAID, is giving that $70 million over the next five years, contingent on congressional authorization. The agency aims for the consortium to fund research that can translate promptly and effectively into real-life solutions.
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Kenyan fintech Lendable secures $450k grant from Dutch development bank FMO
The convertible grant is being provided by the Dutch government through its MASSIF fund — which FMO manages. The fund aims to support small businesses, inclusive enterprises, women as well as youth entrepreneurs by financing local financial intermediaries and other institutions that contribute to development.
- Categories
- Finance