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India’s Richest Man Is Pouring More Than $80 Billion Into Green Energy
Reliance Industries announced that it would allocate a whopping $80.6 billion to renewable power projects in the western Indian state of Gujarat, where it hopes to help generate a million new jobs.
- Categories
- Energy
- Region
- Asia Pacific
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IFC and We-Fi Help Tackle Gender Financing Gap Through IFC ScaleX
To help tackle the financing gap that women entrepreneurs still face, particularly in emerging markets, IFC and the Women Entrepreneurs Finance Initiative (We-Fi) launched today a new call for applications for IFC ScaleX.
- Region
- Global
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Bolt Raises €628 Million, Its Largest Funding Ever, to Boost Growth
The company says it will use part of the funding to accelerate the expansion of its new and existing mobility and delivery products across Eastern African markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: 60 Decibels Raises $8.8 Million in Series A Financing
60 Decibels raises $8.8 million to enable listening at scale for global stakeholder engagement and impact measurement.
- Categories
- Investing
- Region
- Global
- Tags
- ESG, impact investing, scale
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Report: Corporate Reporting Evolving Fast but ESG Gaps Exist
It is important that the approach to communicating a company’s ESG performance should evolve quickly to earn the trust of stakeholders, the report said.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
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ESG Investing Is Not Sustainable Investing
ESG metrics are important, but you cannot passively rely on them to create a positive end result portfolio.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- ESG, impact investing
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African Development Bank Group Approves €10,5 Million To Boost Innovation in Sub-Saharan Africa
The board of directors of the African Development Bank Group have approved an equity investment pool of €10,5 million to drive technological innovation across sub-Saharan Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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All On and Katapult Invest $1.4 Million in NXT Grid’s Mini-Grids in Nigeria
Impact investors All On and Katapult Climate are investing $1.4 million in NXT Grid. In Nigeria, the company installs and operates small-scale solar power plants for productive use, powered by artificial intelligence.
- Region
- Sub-Saharan Africa