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Egypt’s Yodawy Raises $7.5 Million Series B for Its Digital Pharmacy Marketplace
Cairo-based healthtech Yodawy has raised $7.5 million in a Series B round led by Middle East Venture Partners, Global Ventures, and Algebra Ventures.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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The Wild West of ESG Reporting: A New Report Finds a Disturbing Lack of Standards and Transparency
Businesses around the globe have been embracing environmental, social and governance (ESG) reporting to demonstrate responsible corporate citizenship and attract investors. But as David A. Fuscus of Xenophon Strategies, Inc. explains, this data is often inconsistently reported and unaudited, and nearly impossible to compare across companies. He shares the results of a recent survey on corporate reporting, and explores how widely used standards and increased transparency could better gauge a company’s actual progress toward more sustainable and responsible practices.
- Categories
- Impact Assessment, Investing
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IFC Provides $150 Million Financing Package to SeABank
To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank.
- Categories
- Environment
- Region
- South Asia
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Press Release: First Impact Investing Fellowship for Asset Owners and Managers in Asia and Africa
An Africa-Asia Fellowship was created to nurture capital managers and asset owners in becoming impact investing practitioners.
- Categories
- Investing
- Region
- Global
- Tags
- impact investing
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Magic Fund Raises $30 Million, to Give $100 – $300k Checks to Founders in Emerging Markets
MAGIC Fund, a global collective of founders that backs other founders to solve business challenges, has announced a $30 Million Fund II raise to continue backing early-stage startups.
- Categories
- Investing
- Region
- Global
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Press Release: The Gillian & Adrian Schauer Foundation Invest $10 Million in Madiro to Support Transformative Solutions in Global Health
Madiro aims to fuel Healthy Entrepreneurs’ mission to provide basic health services to isolated villages in Uganda, Tanzania, Burundi & Kenya.
- Categories
- Health Care, Technology
- Region
- Global
- Tags
- impact investing
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Gates Foundation Commits $2.1 Billion over the Next Five Years to Gender Equality
With this $2.1 billion commitment, the Gates Foundation plans to focus on three core areas that are key to advancing gender equality: economic empowerment; family planning and health; and accelerating women’s leadership.
- Categories
- Investing
- Region
- Global
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Scaling Biodigesters: How Appropriate Financing Can Help This Undervalued Technology Deliver Social and Environmental Impact
Biodigesters break down organic material to produce biogas for cooking and heating, along with fertilizer. But though these applications are extremely useful for farming households, uptake remains limited: In Africa alone, the technology could be adopted by almost 33 million households, but market penetration is less than 1% of that. Tanya Kothari of the Catalysing Agriculture by Scaling Energy Ecosystems program shares a recent study from the Shell Foundation exploring the impact biodigesters can make, while identifying the kinds of financing that could support growth in the market.
- Categories
- Agriculture, Energy
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