-
Kresge Steps Up Social Investment Strategy, Commits to Invest $350 Million by 2020
The Kresge Foundation's board of trustees has stepped up its social investment plans with a commitment to invest $350 million, or 10 percent of the value of its endowment, in socially beneficial efforts by 2020.
- Categories
- Impact Assessment
- Tags
- impact investing
-
New IRS Rule Likely to Make Impact Investing Easier
The Internal Revenue Service took a major step this week to calm grant makers’ fears about taking risks with impact investments, giving them a green light to commit more of their assets to investments that further their missions.
- Categories
- Uncategorized
-
Weekly Roundup 9-19-15: Impact investing gets bizarro, poverty surveys get reflective, Gates gets quizzed
We highlight a unique anti-poverty tool geared toward heads of low-income households rather than policy-makers, discuss a truly bizarre new entrant into the "impact investing" scene, and take a quiz with Bill Gates in this Roundup.
- Categories
- Uncategorized
-
Viewpoint: Sanitation Financing: An Opportunity to End Open Defecation
“Why do we have toilets at school but not at home?” This question from one of her children prompted Nusrat, a wife and mother of six living in India, to apply for a sanitation loan. Within two weeks of receiving the loan, Nusrat was able to purchase a toilet. Now, one year later, the monthly instalments on Nusrat’s loan have all been repaid and her family is happier, healthier, and safer.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
-
African Development Bank Seeks to Spur $55 Billion for Energy
African Development Bank President Akinwumi Adesina, who took over this month, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55 billion of investment.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Making Sense of Funding Opportunities for Social Enterprises
In spite of the growing interest of investors and donors in social entrepreneurship, funding for new, early-stage and growing ventures remains difficult to secure, leading some entrepreneurs to make decisions that may not align with the core mission of their organization.
- Categories
- Uncategorized
- Tags
- impact investing
-
They Call It ‘Silicon Savannah’: What an East African Nation Teaches About Innovation
Kenya giant mobile phone company Safaricom recently made a move that, if other technology firms in Africa follow, could have revolutionary effects. It launched a Shillings 50 million ($500,000) innovation fund.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Shortage of Long-Term Finance Blunts Progress in Developing Countries, says World Bank Report
A shortage of long-term financing since the 2008 crisis is choking the investment-backed growth of companies in developing countries and hampering the ability of credit-worthy families to borrow for education and housing needs and escape poverty, a new World Bank report warned today.
- Categories
- Uncategorized
- Tags
- impact investing
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.