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Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE
“Today, Nigeria has five of the seven unicorns in Africa and raised almost $1.4 billion of the total of $4 billion raised by fintech companies across Africa in 2021.”
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Social Enterprises Can Grow Their Revenue and Impact by Partnering with Corporations – Here’s How to Support Them
Against the backdrop of cascading global crises, a growing number of corporations are looking to social enterprises to advance their environmental, social and governance goals. To capitalize on this opportunity to scale social enterprises' revenue and impact, Alexandra Nemeth at MovingWorlds argues that support organizations like impact investors and accelerators should prioritize corporate readiness. She explores five key trends that are driving the momentum behind corporate partnerships with social enterprises, and five ways to build these enterprises' capacity for successful partnerships.
- Categories
- Investing, Social Enterprise
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Cashing In on Sustainability: A Blended Finance Program Aims to Fight Climate Change by Catalyzing SME Investment in the Peruvian Amazon
Peru has lost an average of 100,000 hectares of rainforest per year since 2006, as illicit, extractive businesses are pushing the Amazon ecosystem closer to total collapse. But as Luis Garate at USAID CATALYZE Peru and Rocio Perez Torres at Palladium point out, without access to financing, the sustainable small and medium-sized enterprises (SMEs) that could take the place of illegal, extractive businesses are often left out of market growth. They discuss how CATALYZE is partnering with private sector financial service providers and investors to mobilize capital for sustainable SMEs in this vital region.
- Categories
- Environment, Investing
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Amazon Will Donate $10 Million to Help a Million People Get Access to Safe Water
Amazon is helping to launch one of the largest private investment portfolios in water and climate, bringing lasting water access for 100 million people.
- Region
- Asia Pacific
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Pan-African ‘Gender Equal Investor’ Janngo Capital Hits First Close of €60 Million Fund
Janngo Capital is looking to “invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kippa Reveals $8.4 Million in Funding for Merchants’ Financial Management Platform
Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4 million in a new financing round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Interview: Bill Gates Says Rich Countries Are Tackling Hunger in Africa All Wrong
Bill Gates suggests how backward rich countries' approach to tackling global hunger is a band-aid approach.
- Categories
- Agriculture
- Region
- Global
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Bringing a Gender Lens to Technical Assistance: New Research Reveals the Benefits and Costs of Gender-Smart TA to SMEs and Investors
There’s growing momentum behind gender lens strategies in impact investing. But according to Yaquta Kanchwala Fatehi at the William Davidson Institute and Lisa Willems and Ladé Araba at the AlphaMundi Foundation, investors tend to apply a gender lens to their investing and pipeline development activities – but not to technical assistance and other types of post-investment support. They share findings from a recent study from the Gender-Smart Enterprise Assistance Research Coalition (G-SEARCh) consortium, which explores the business case for gender-smart technical assistance for small and medium enterprises (SMEs).
- Categories
- Impact Assessment, Investing
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