-
Mastercard to Infuse $100 Million in Airtel Africa’s Mobile Money Business
Airtel Africa on Thursday announced that Mastercard would invest USD 100 million (about ₹733 crore) in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV).
- Region
- Sub-Saharan Africa
-
10 Key Lessons for Solar Enterprises: Insights From SELCO’s 26 Years Doing Business in India
SELCO, a pioneering off-grid solar company based in India, just celebrated its 26th anniversary. Christine Eibs Singer at Sustainable Energy for All and Richenda Van Leeuwen at ANDE, both former board members at SELCO, share 10 lessons from the company's decades of experience in the sector, which may be helpful to other impact investors and social entrepreneurs working in off-grid energy.
- Categories
- Energy, Investing, Social Enterprise
-
Analysis: A Social Enterprise Must Help a Billion People, Say Aavishkaar Group Founders
The Faces of Vibrant Bharat, Vineet and Swati Rai have been offering knowledge and capital for ventures that are solving problems for low-income households in India.
- Categories
- Investing, Social Enterprise
- Region
- Asia Pacific
- Tags
- impact investing
-
Press Release: A Win-Win for Social Impact: Rockefeller Philanthropy Advisors Releases New Guide on Prize Philanthropy
Rockefeller Philanthropy Advisors (RPA) today published Prize Philanthropy: Benefits, Challenges, and Winning Approaches, a guide for philanthropy on when and how a competition makes the most sense for driving impact, inspiring innovation, or recognizing achievement.
- Categories
- Investing
-
Annapurna Finance Mobilizes $30 Million in Equity From Nuveen Global Impact
"Nuveen’s expertise and funding will help us meet our expansion plans and we look forward to working with them to develop our climate initiatives,” Annapurna managing director Gobinda Chandra Pattnaik said.
- Categories
- Environment, Finance, Investing
- Region
- Asia Pacific
-
Press Release: DFC Improves Rural Livelihoods and Empowers Women Through $35 Million Investment in Root Capital
Small and growing agricultural businesses in low- and middle-income countries are chronically underfunded. Research shows that the global financing gap for these rural enterprises is in the hundreds of billions of dollars—at least $65 billion in sub-Saharan Africa alone. By taking steps to close this financing gap, DFC investments can help improve rural livelihoods and transform communities.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
-
COVID-Era Innovations With Long-Term Impact: How the Pandemic Is Changing Investment in Frontier Markets
Africa's growing middle class, rapid urbanization and leapfrogging innovations have drawn substantial investor interest. But as Kristin Kelly Jangraw of USAID INVEST points out, high transaction costs, small deal sizes and risk (both real and perceived) have kept many investors on the sidelines. Though COVID-19 lockdowns have increased these challenges, she explores how the pandemic has also brought innovations that could have lasting positive effects on the industry and the region – including new tools for virtual due diligence and deal-making.
- Categories
- Coronavirus, Investing, Technology
- Tags
- COVID-19, impact investing
-
Boosting Financial Inclusion With Airtel Mobile Money
The recent investment of $200 million in Airtel Africa’s mobile money business by The Rise Fund will further enhance financial inclusion in Nigeria, since the country is one of the 14 African countries, where Airtel Africa currently operates, writes Emma Okonji.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.