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Goldman Floats World Bank $50 million for Fund to Help Women Entrepreneurs
The new venture, called the Women Entrepreneurs Opportunity Facility, aims to help close the estimated $300 billion credit gap that the IFC says exists for women-owned businesses.
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- impact investing
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IntelleGrow raises Rs 28 cr from Omdiyar Network, Dell
MUMBAI: Social sector-focused non-banking lender IntelleGrow today said it has raised Rs 28 crore from Omdiyar Network and the Michael & Susan Dell Foundation.
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- South Asia
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- impact investing
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Does India Need Its Own ‘Impact’ Investors?
Indian entrepreneurs complain that India’s venture capital scene, particularly for “impact” investments, is limited.
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- Impact Assessment
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- South Asia
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- impact investing
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Mara Group’s Ashish Thakkar On What Investors Get Wrong About Africa
Thakkar spoke to IBTimes about his new venture, his business style, and what’s ahead for Africa -- a region set to grow at record rates in the next few years.
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- Impact Assessment
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- Sub-Saharan Africa
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- impact investing
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Values-Based Investing Gaining Steam, Data Shows
The number of investment products focused on environmental, social and governance factors has risen steadily in the last seven years, according to data provided by Morningstar, climbing to 277 total funds as of Oct. 31, 2013, from 199 in 2007.
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- Impact Assessment
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- impact investing
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Weekly Roundup – 3/1/14: A digital heist, mobile money power-plays and controversy in Africa cap a turbulent week in finance
This week, a major Bitcoin exchange filed for bankruptcy, after almost half a billion dollars of the virtual currency went missing. Safaricom continued taking M-Pesa global, while new competition emerged on its home front. And the World Bank postponed a $90 million loan to Uganda in response to a controversial new law. We explore these issues in the Roundup.
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The Rockefeller Foundation And Tony Elumelu Foundation Announce Africa Winners Of The Impact Economy Innovations Fund
The fund provides grant capital for entrepreneurs with projects that create jobs in underserved sectors, and supports proposals geared toward enabling capital solutions, fostering entrepreneurial ecosystems and promoting impact investing industry infrastructure.
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- Impact Assessment
- Region
- Sub-Saharan Africa
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- impact investing
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Ankur Capital bets on real India, invests in three early-stage rural ventures
NEW DELHI: Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets.
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- Impact Assessment
- Region
- South Asia
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- impact investing