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Gates Goes in on Impact Investing: What the philanthropist’s investment in Unitus Seed Fund could mean for BoP investors
Acting as a private investor, Bill Gates has made a contribution to the Unitus Seed Fund, which provides venture capital to base of the pyramid businesses in India. Beyond the immediate benefit, the personal investment from Gates could be a shot in the arm for impact investing.
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Villgro Innovations invests in seven social enterprises
Social enterprise incubator Villgro Innovations has picked seven new companies operating in the healthcare, energy, agriculture and education sectors for its second set of incubation and funding programme.
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- Impact Assessment
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OPINION: Why India, not China, is a better investment partner for Africa
Did you read the story on Chinese investment in Africa? They’re being published in droves, usually with a vaguely racist headline, like “Booming African lion economies gear up to emulate Asians.”
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- South Asia
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DFID, Gates Foundation to set up digital financial services unit in Pakistan
The United Kingdom (UK) government’s Department for International Development (DFID) on Monday signed a memorandum of understanding (MoU) with the Bill and Melinda Gates Foundation to set up a digital financial services (DFS) unit in Pakistan.
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- North Africa & Near East
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How Rogue Microfinance Lenders Overburden Poor South Africans
Microfinance, or lending small sums to low-income borrowers or entrepreneurs, was supposed to be a source of development and income growth for the poor in Africa. Has it worked?
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- Impact Assessment
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PRESS RELEASE: Unitus Seed Fund adds more prominent investors
November 16, 2014. Bangalore: Unitus Seed Fund announced that it has now raised over USD $4 million from 16 high net income Indian investors in its Indian rupee fund, and Seattle area tech executives, including Steve Singh, Diego Piacentini, and Bill Gates have invested in Unitus Seed Fund’s affiliated offshore venture fund.
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- South Asia
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- impact investing
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Twitter Top Ten – 11/16/14: Our favorite tweets of the week
After a successful pilot period, our Twitter Top Ten makes its debut today as a permanent feature, with ten great tweets selected by NextBillion’s editorial staff. Thank you to everyone who’s provided feedback, encouragement and retweets to this feature - we’re glad the response has been so positive.
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- Health Care
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Ten global organizations join MIT D-Lab’s Practical Impact Alliance
Johnson & Johnson, Unilever, and others sign on to the Practical Impact Alliance, a collaborative initiative aiming to scale poverty solutions worldwide.
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