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Sunlabob Renewable Energy Receives $2.1 Million Investment
Sunlabob Renewable Energy, a Laos-based group that specializes in bringing clean energy solutions to rural communities, has this week secured an impact investment of $2.1 million to enable it to expand its off-grid programs in Asia, Africa and the Pacific region.
- Categories
- Energy
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Funding for Financial Inclusion Rises to $31 Billion in 2013
Global investment in affordable financial services for the poor has risen by an average seven percent per year since 2011, a World Bank think tank said in a survey released on Wednesday.
- Categories
- Uncategorized
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The Future Of Africa’s Private Equity Space Is Increasingly Female
Private equity is historically a male-dominated field, and historically, Africa’s local industry has been no different.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian Tycoon Shortlists 167 Kenyan Start-Ups for Funding
Nigerian billionaire businessman and philanthropist Tony Elumelu has selected 167 Kenyan entrepreneurs to benefit from his Sh9.2 billion start-up fund targeting 10,000 enterprises across Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Ratan Tata, Others Invest in Grameen Capital’s Social Impact Debt Funding Arm
Grameen Capital India, a social impact-focused investment advisory firm, has raised an undisclosed amount in funding from a group of investors, including Ratan Tata, chairman emeritus of Tata Sons, the holding firm of Tata Group, for a new debt investment vehicle.
- Categories
- Impact Assessment
- Region
- South Asia
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Artoo IT Solutions Raises Rs 3.1 crore Series A Funds From Accion Venture Lab, Artha Initiative
Bengaluru-based Artoo IT Solutions, which has developed a financial customer relationship management solution for the financial sector, has raised $500,000 (Rs 3.1 crore) in Series A round of funding from Accion Venture Labs and Switzerland-based Rianta Capital Zurich's Artha Initiative.
- Categories
- Uncategorized
- Region
- South Asia
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Social Impact Bonds for Factories in Bangladesh
2013 Rana Plaza disaster in Bangladesh, where nearly 1,200 garment workers lost their lives from a factory collapse, are wrestling with a critical question: Who should pay for the work needed to ensure basic factory safety standards in Bangladesh?
- Categories
- Finance, Impact Assessment
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SA’s Impact Amplifier Catalysed $4.5m in Startup Funding by End of 2014
South African incubator and consulting firm Impact Amplifier has revealed to Disrupt Africa it had catalysed over ZAR55 million (US$4.5 million) in investments into early-stage startups, and aims to close over ZAR100 million (US$8.2 million) of capital deployed in 2015.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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