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Press Release: International Finance Corporation Loaning $2.5m to La Fayette Microfinance Bank, Nigeria
The International Finance Corporation (IFC), a member of the World Bank Group, is investing NGN 400 million (USD 2.5 million) in La Fayette Microfinance Bank, one of eight members of the Advans Network of microfinance institutions, which is based in Luxembourg and managed by Horus Development Finance of France. The investment will support the growth of La Fayette, which was created in June 2012 and target micro-, small and medium-sized enterprises in Nigeria’s urban areas.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Ethical Investments: Lack of Awareness Means Investors Are Supporting Industries They Oppose
Liz Berwick is a fairly typical saver. The 35-year-old mother of two hopes to put away around £3,000 this year by saving regularly into a tax-free Isa. The question is, where?
- Categories
- Environment
- Tags
- impact investing, lending
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From the Gates Foundation, Direct Investment, Not Just Grants
The Ebola crisis underscored a problem that vexes experts in global health: Vaccines are one of the most cost-effective ways to save lives, especially in developing countries, yet traditional vaccines can take years to develop.
- Categories
- Health Care
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Bramer Bank Provides Gateway to Investment in Africa
Mauritius is the easiest place to do business in Africa, offering a compelling banking environment for industry pioneers such as Bramer Bank.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Where Ethics and the Enterprise Intersect: 1,001 questions at the 2015 Latin American Impact Investment Forum (FLII)
What is an ethical business? During last month’s Latin America Impact Investing Forum (FLII) Avina’s Bernardo Toro, said it clearly: “It is a business that doesn’t prey on people; one that creates real value; one that pays attention to what’s important, not what’s showy.” Simple and to the point, so why do we struggle with it?
- Categories
- Education, Impact Assessment
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The 100% Club
When it comes to managing money, the rich are increasingly pursuing more than just financial rewards and going full tilt on the idea of using investments as a tool for social and environmental change.
- Categories
- Impact Assessment
- Tags
- impact investing
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Impact Investing Is the Top Way to Contribute to Society in the Future, Says Global Survey of Philanthropists
Impact investing is seen as the most promising trend by the majority of global philanthropists, according to new figures. The BNP Paribas Individual Philanthropy Index 2015 revealed that 52 per cent of global philanthropists nominated impact investment as the top way to contribute to society in the future.
- Categories
- Impact Assessment
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OurCrowd Helps Wharton Students Launch Largest Student-Run Impact Investing Platform in the World
OurCrowd, the world’s leading equity crowdfunding platform, has announced a unique collaboration that will help students at the Wharton School of the University of Pennsylvania get an industry-leading experiential education in impact investing. This initiative will greatly expand the Wharton Social Venture Fund (WSVF), a flagship program operated under the Wharton Social Impact Initiative (WSII) which allows students to select, curate and diligence investments that will change the world.
- Categories
- Education, Impact Assessment
- Tags
- impact investing
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