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Absolute Portfolio Management Invests $8.5m in Microfinance Institutions in Cambodia, Costa Rica, Ecuador, Peru
Absolute Portfolio Management (APM), an arm of Austria-based asset management group C-Quadrat, recently informed MicroCapital that it disbursed credits totaling the approximate equivalent of USD 8.5 million from its two Vision Microfinance funds, the Dual Return Fund-Vision Microfinance and the Dual Return Fund-Vision Microfinance Local Currency, to unspecified microfinance institutions (MFIs) in Cambodia, Costa Rica, Ecuador and Peru.
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- Uncategorized
- Region
- Latin America
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Asian Development Bank Commits to $1.5b in Loans for Indonesia’s Infrastructure Development
The Asian Development Bank pledged its support for Indonesia’s development plan and is committed to disburse at least $1.5 billion in loans to the country to help fund various infrastructure projects, the multilateral lender’s president said on Tuesday.
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- Uncategorized
- Region
- Asia Pacific
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Venture Capital Investors Plan $2 Billion New Funds for Indian Startups
Venture capital investors are on the road to raise nearly $2 billion, or about Rs12,400 crore, in new funds this year to power the next generation of emerging businesses in India's booming startup sector.
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- Investing
- Region
- South Asia
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Impact investor Gray Ghost Ventures to Raise $60 mln Third Fund
Impact investor Gray Ghost Ventures said it is raising a $60 million third fund that represents a big step up from its $35 million second fund in 2009. The firm expects a first close on about $25 million in March, said CEO Arun Gore.
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- Investing
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Technology and Garbage Dreams in the Silicon Valley of India
The Indian city of Bangalore is home to more than 15,000 waste pickers — overall, India houses 1.5 million waste pickers. They earn their daily living by sifting through the city’s 4,000 tons of solid waste for recyclables they can sell for payment.
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- Technology
- Region
- South Asia
- Tags
- impact investing
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Institutional Investors Making Renewables Key Future Trend
Institutional investors are increasingly aligning their investments with energy technologies of the future, a new report claims.
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- Energy
- Region
- Europe & Eurasia
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28 Philanthropy Issues to Watch in 2015
As the New Year gets underway, we could conjure up a list of "top trends" in philanthropy for 2015 or make a bunch of predictions that we would probably regret twelve months from now, along with all the junk we ate over the holidays.
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- Uncategorized
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Nigeria: 100 Million Entrepreneurial Lifelines – Elumelu Foundation Expresses Shock At Women’s Poor Response
Chairman of United Bank for Africa (UBA) Plc. and Founder of Tony Elumelu Foundation, Mr. Tony Elumelu has expressed disappointment with what he described as Nigerian women entrepreneurs' poor response to the $100 million lifeline provided by the Foundation's Africa capitalism Institute for entrepreneurs to boost industrialization in Nigeria.
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- Uncategorized
- Region
- Sub-Saharan Africa
