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Press Release: New Report Urges International Investment in African Philanthropy for Sustainable Social Impact
Hard hitting new research co-commissioned by Vodacom, Safaricom and Vodafone Foundation suggests that the sustainable development of the not-for-profit sector in Africa is being challenged by an imbalance in international investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Malaysia-Based Socar Raises US $55 Million in Series B Funding Round From New Investors EastBridge Partners, Sime Darby
SOCAR plans to use the funding to support continuous tech enhancements, the introduction of clean mobility initiatives, and further development of its P2P car-sharing marketplace TREVO.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Press Release: Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund Under Newly Created Asset Management Division, AFC Capital Partners
As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: Schroders and BlueOrchard’s Climate Impact Strategy Rapidly Attracts $100 Million
Schroder ISF BlueOrchard Emerging Markets Climate Bond Fund has attracted USD $100 million in less than three months since launch.
- Categories
- Energy, Environment
- Region
- Global
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Press Release: Heifer International and Mccormick & Company Announce Partnership To Support Sustainable Incomes for Spice Farmers in Guatemala
Through the new Cardaforestry project, McCormick & Company and Heifer International will invest in cardamom and allspice farmers through Guatemalan spice supplier, Nueva Kerala, strengthening the spice supply chain, increasing farmer incomes and resilience
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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Press Release: IIX and the Australian Government Department of Foreign Affairs and Trade Launch Blended Finance Solutions to Benefit 2.5 Million Lives in Asia Pacific by 2023
With AUD2.75 million in funding from the Australian Government, IIX will unlock an additional AUD18 million through the catalytic use of the funding.
- Categories
- Investing
- Region
- South Asia
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The Pandemic is Not Over for Social Enterprises: Here’s How Impact Investors and Other Funders Can Help Them Survive COVID-19
Social enterprises are developing innovative, sustainable and scalable solutions to the world's deepest economic and social issues, but many of these businesses are at risk of disappearing due to COVID-19. According to Alethia Kang at Acceso and Luke Seidle at Kiva, impact investors and other funders must step up to keep the social enterprise field afloat. They share five steps funders can take to bolster these businesses, and discuss how the partnership between their two organizations illustrates the value of flexible funding support during a crisis.
- Categories
- Agriculture, Coronavirus, Impact Assessment, Investing, Social Enterprise
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Chevron Triples Low-Carbon Investment, but Avoids 2050 Net-Zero Goals
Oil producers globally are under mounting pressure from investors and governments to join the fight against climate change and sharply cut greenhouse gas emissions by mid-century, with U.S. majors lagging efforts by European companies.