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Press Release: DFC Announces $1 Billion W-GDP 2X Asia Initiative
U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler today announced W-GDP 2X Asia, a commitment to mobilize $1 billion of investment to advance women’s economic empowerment in Asia. Through the initiative, DFC aims to mobilize capital and incentivize action from the private sector to achieve scalable and sustainable impact for economically empowering women in the region. The announcement was made during a virtual event featuring keynote remarks by Boehler and a fireside chat with female entrepreneurs.
- Categories
- Investing
- Region
- Asia Pacific
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African Development Bank Grants $11.26 Million for Women and Girls’ Education in Chad
The African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project– the first Bank grant exclusively targeting women and girls.
- Categories
- Education
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Press Release: TriLinc Global Sustainable Income Fund Secures Funding of $25 Million From BlueOrchard Impact Investment Managers
TriLinc Global Sustainable Income Fund (“TGSIF”) announced today a new funding of $25 million from Luxembourg-based BlueOrchard Impact Investment Managers (“BlueOrchard”) to provide financing to middle market companies operating in Emerging Markets around the world. The financing will provide additional capital which TGSIF will invest in SME’s (small and medium sized enterprises) in developing economies globally including various sectors like agriculture, manufacturing, infrastructure and more. “We believe this financing from BlueOrchard significantly helps support our mission to harness the power of capital markets in solving global challenges facing our society,” commented Gloria Nelund, CEO and founder of TriLinc Global, LLC.
- Categories
- Investing
- Tags
- ESG, impact investing
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Development Bank of the Philippines Lends $13.4 Million to Agriculture Startup Project
State-run Development Bank of the Philippines (DBP) has lent P645 million to a domestic agriculture enterprise to help improve its banana flour and coconut sugar manufacturing and export capabilities.
- Categories
- Agriculture, Investing
- Region
- South Asia
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CropIn Raises US $20 Million in Series C Funding Round to Advance the Reach of Its Farm Management and Predictive Analytics Solutions in Asia
CropIn, a leading global artificial intelligence and data-led agri-tech organisation empowering stakeholders to reimagine agriculture with data, has raised US$ 20 million in a Series C funding round led by ABC World Asia, an Asia-focused private equity fund dedicated to evidence-based impact investing.
- Categories
- Social Enterprise, Technology
- Region
- Asia Pacific
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Enel Teams up With Qatar Wealth Fund on Africa Green Energy Projects
Under the deal, the Qatar sovereign wealth fund will, as a first step, buy half of Enel's stake in 800 megawatts of its existing renewable capacity in South Africa and Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Education Cannot Wait Approves US $33.3 Million for Burkina Faso, Mali and Niger in the Central Sahel
In response to escalating crises in the Central Sahel, these new programmes will reach 300,000 children and youth impacted by displacement, conflict and COVID-19
- Region
- Sub-Saharan Africa
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Mekong Capital Annouces US $246 Million Investment Fund in Vietnam
The fund will focus on retail, education, restaurants, consumer services, FMCG, and health care.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
- Tags
- impact investing
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