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AfDB Provides $38m To Aid Entrepreneurship, Job Creation In Rwanda
The African Development Bank (AfDB) is contributing $38 million to boost entrepreneurship and job creation in Rwanda.
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- Uncategorized
- Region
- Sub-Saharan Africa
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6 reasons companies fail to reach the bottom of the pyramid
It is no secret that, when it comes to commercial ventures at the base of the pyramid, our greatest hopes and expectations have been placed on the potential of multinational corporations to mitigate poverty.
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- Uncategorized
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Bi-Weekly Checkup (4/11/13): A Tale of Two Students – or, what I wish I would’ve done in college
When Jennifer Staple-Clark was a sophomore in college, she spent her free time establishing an innovative non-profit called Unite for Sight. The organization has become a world-renowned NGO, facilitating over 63,000 sight-restoring surgeries. It also organizes the annual Global Health & Innovation Conference, which takes place this weekend - and which NextBillion Health Care will cover as a media partner.
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- Agriculture, Health Care
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March’s ‘NextBillies’: Dueling visions for impact, the most-read/most shared posts on NB
In March, articles examining for-profit versus not-for-profit models of impact investing, India’s CSR legislation, the so-called ‘Investing Pledge’ for social investing, disruptive innovations for women’s health, and young entrepreneurs displaying poverty-focused technology at Open Minds made up the most-read posts of the month.
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- Technology
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Ensuring a Resilient Financial Future : Reduced public spending is a reality for the foreseeable future
Last year, in partnership with several organizations, we identified a $650 billion market opportunity for financial advisors and investors to invest for impact in a research study entitled Gateways to Impact. Impact investing presents an opportunity to build a financial future for low-income communities that is far less reliant on variable funding sources.
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- Investing
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- impact investing
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Rockefeller And Tony Elumelu Foundation Launch African Impact Fund
The Rockefeller Foundation and theTony Elumelu Foundation, founded by Nigerian philanthropist Tony Elumelu, have launched an impact investment fund for Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- impact investing
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NexThought Monday – Early Risks, Big Returns: What’s next for Impact Investing series – rethinking what’s ‘investible’
It’s hard enough to build a business that makes money in emerging markets without focusing on social impact. But that’s only part of the issue. Investable companies are out there, but too often we’re looking in the wrong places—or, we need to reconsider what’s “investable.”So far, Accion Venture Lab has found a rich pipeline of investable companies where others haven’t, thanks in part to our three-prong strategy: investing earlier, tolerating more uncertainty, and concentrating on big-picture priorities over returns.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Investors commit over Rs 400 crore for funding new ventures for the poor
BANGALORE: Investors have committed at least Rs 400 crore to a government-backed fund that will provide capital to new ventures serving the needs of India's low-income communities. The fund, whose eventual size is envisaged at more than Rs 5,000 crore, is the first such by the government, which is taking increasing interest in venture capital investing.
- Categories
- Uncategorized
- Region
- South Asia