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South Africa: Golden Valley Wind Energy Project Reaches Commercial Operation
Renewable power developer BioTherm Energy has completed all four of its projects in South Africa, with the latest, the Golden Valley Wind Energy Facility, having come on stream in the Eastern Cape.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Building Inclusion Into the Investment Process: Four Steps for Addressing Bias Against Women Startup Founders
While overall global funding for startups grew in 2020, women founders received 27% less investment than the previous year. The problem is particularly troubling in emerging markets, where only 11% of seed funding went to companies with a woman on their founding team in 2019. Akansha Kasera and Malika Anand at BFA's Catalyst Fund discussed the issue with two female venture capitalists, Lexi Novitske from Acuity Ventures and Lelemba Phiri from Enygma Ventures: They share four steps the investment industry should take to boost gender equity and reduce bias against women startup founders.
- Categories
- Investing
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Bibit Raises Another Growth Round Led by Sequoia Capital India, This Time for $65 Million
Four months after leading a $30 million growth round in Bibit, Sequoia Capital India has doubled down on its investment in the Indonesian robo-advisor app.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Press Release: DigiPlex Supports Sustainable School-Building in Cote d’Ivoire with 1.2 Million NOK Donation to UNICEF
DigiPlex is supporting a pioneering UNICEF scheme that empowers mothers economically by creating an innovative recycling market, transforming plastic waste into building bricks for new school construction.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Brazil’s Positive Ventures Closes On $10 Million Fund for Impact Investing
Positive Ventures, a Sao Paulo-based venture firm, has secured $10 million for its latest fund.
- Categories
- Investing
- Region
- Latin America
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Elbow to Elbow: Convening Donors and Practitioners to Optimize Blended Finance for African Agriculture
Official development assistance isn't enough to bridge the SDG financing gap, or to unlock the growth and impact potential of African agricultural enterprises. Blended finance is often cited as a solution, but according to Brian Milder of Aceli Africa, it's falling short both in terms of impact and private capital mobilized. He explains the reasons for these limitations, and examines the perspectives of both donors and lenders to show how catalytic capital can be leveraged more effectively.
- Categories
- Agriculture, Investing
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Press Release: DFC Commits to Net Zero by 2040, Increases Climate-Focused Investments
Agency investments will support the broader U.S. Climate Finance Plan and facilitate sustainable economic growth in developing countries
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Kenyan E-Health Startup TIBU Raises Seed Funding Round to Help It Scale
Kenyan e-health startup TIBU, a digital platform that decentralises primary outpatient care to bring it directly to patients, has raised a seed funding round to help it scale its operations.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale, startups