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Press Release: Stephanie Cohn Rupp Appointed CEO of Veris Wealth Partners
Veris Wealth Partners, a B Corp certified impact wealth management firm, announced today that Chief Operating Officer Stephanie Cohn Rupp has been promoted to CEO. Cohn Rupp’s appointment to the CEO position demonstrates the firm’s ongoing commitment to talent development and its 100% focus on impact investing.
- Categories
- Investing
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Press Release: OPEC Fund Supports Post-COVID-19 African Infrastructure With $50 Million Loan to Africa Finance Corporation
The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) have signed a $50 million loan agreement to help finance and build infrastructure needed for Africa’s post-COVID recovery. This represents the first direct financing co-operation between the two institutions.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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When It Comes to K-12 Education, Where Are the Impact Investors?
For decades, reports have shown how schools in America are lagging behind their counterparts in other countries in key areas – particularly in lower-income communities. But though more funding could help schools achieve better results, impact investors have yet to contribute meaningfully to the funding of K-12 education systems. Mark Medema at the National Alliance for Public Charter Schools argues that the private sector, led by impact investors, can and must play a bigger role.
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Press Release: USD 127 Million Social Impact Securitization Vehicle for off-Grid Solar Sector in Kenya
BLK1 has increased the size of its local currency receivable financing facility for d.light’s Kenyan business to USD 127 million with an additional USD 15 million of senior debt from Norfund.
- Region
- Sub-Saharan Africa
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Christensen Institute, MIT Legatum Center Launch Bootcamp for African Innovators
The Clayton Christensen Institute, a nonprofit and nonpartisan think tank based in Boston and Silicon Valley in the United States, has announced a collaboration with the MIT Legatum Center for Development and Entrepreneurship aimed at empowering early-stage entrepreneurs in seven African countries to create new economic growth engines. The new collaboration, called Market-creating Innovation (MCI) Bootcamp, aims to bridge the gap between emerging market entrepreneurs and market-creating innovation opportunities.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Black Businesses Matter: Leveling the Playing Field for Black Entrepreneurs in Africa and the Diaspora
For Black lives to matter, it is critical that we discuss more than just survival, but rather how to enable Blacks to thrive, says Charity Kabango at Entrepreneurial Solutions Partners. She argues that entrepreneurship is a key means to that end, as it empowers Black people to create jobs for themselves and others, and facilitates the flow of wealth within communities. However, limited access to finance and the absence of structured support has held back the development of entrepreneurship among Black people globally. She explores some solutions to this ongoing challenge.
- Categories
- Finance
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Press Release: Impact Investors Approaching Performance and Capital Allocation With Increasing Sophistication to Maximize Financial and Impact Objectives
GIIN’s new report uncovers insights into the decision-making approaches of impact investors targeting risk-adjusted, market-rate returns.
- Categories
- Investing
- Region
- Global
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Avanti Finance Secures $2 Million From Dell Foundation
Mumbai, Jan 19 (PTI) Avanti Finance, an NBFC founded by Ratan Tata, Vijay Kelkar and Nandan Nilekani, has tied up with the Michael & Susan Dell Foundation to provide affordable loans to the pandemic-hit small businesses.
- Categories
- Investing
- Region
- Asia Pacific
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