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Annapurna Finance Mobilizes $30 Million in Equity From Nuveen Global Impact
"Nuveen’s expertise and funding will help us meet our expansion plans and we look forward to working with them to develop our climate initiatives,” Annapurna managing director Gobinda Chandra Pattnaik said.
- Categories
- Environment, Finance, Investing
- Region
- Asia Pacific
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Press Release: DFC Improves Rural Livelihoods and Empowers Women Through $35 Million Investment in Root Capital
Small and growing agricultural businesses in low- and middle-income countries are chronically underfunded. Research shows that the global financing gap for these rural enterprises is in the hundreds of billions of dollars—at least $65 billion in sub-Saharan Africa alone. By taking steps to close this financing gap, DFC investments can help improve rural livelihoods and transform communities.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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COVID-Era Innovations With Long-Term Impact: How the Pandemic Is Changing Investment in Frontier Markets
Africa's growing middle class, rapid urbanization and leapfrogging innovations have drawn substantial investor interest. But as Kristin Kelly Jangraw of USAID INVEST points out, high transaction costs, small deal sizes and risk (both real and perceived) have kept many investors on the sidelines. Though COVID-19 lockdowns have increased these challenges, she explores how the pandemic has also brought innovations that could have lasting positive effects on the industry and the region – including new tools for virtual due diligence and deal-making.
- Categories
- Coronavirus, Investing, Technology
- Tags
- COVID-19, impact investing
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Boosting Financial Inclusion With Airtel Mobile Money
The recent investment of $200 million in Airtel Africa’s mobile money business by The Rise Fund will further enhance financial inclusion in Nigeria, since the country is one of the 14 African countries, where Airtel Africa currently operates, writes Emma Okonji.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Missio Invest Secures $20 Million Anchor Investment from U.S. International Development Finance Corporation
Loan Facility to Support Initiatives Addressing Food Security, Financial Inclusion, and Health and Education Outreach in Sub-Saharan Africa
- Categories
- Agriculture, Education, Health Care, Investing
- Region
- Sub-Saharan Africa
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USAID, DFC Announce $41 Million Financing for Renewable Energy in India
The United States Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) have announced a USD 41 million-loan guarantee program to finance investment in renewable energy solutions by Indian SMEs.
- Region
- Asia Pacific
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Press Release: Unite Us Announces It Has Raised $150 Million to Scale Nationwide Social Care Infrastructure
Unite Us, an enterprise technology company providing the digital infrastructure to power the integrated health and social care ecosystem, today announced that it has raised $150 million in a Series C financing led by ICONIQ Growth. The investment follows a record performance in 2020 for Unite Us that saw it expand into 42 states, including 16 new statewide networks, driving cross-sector coordination and improved health in community-based settings.
- Categories
- Health Care, Investing, Social Enterprise
- Tags
- impact investing, scale
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1.3% Isn’t Enough: The Case for More Diversity in Investment Fund Management
Fund managers play an important part in both traditional and impact investing, helping to set development priorities by leveraging capital. But as Sagar Tandon of Moonshot Ventures points out, women and minority-led funds account for just 1.3% of the $69 trillion investment industry in the United States – even though they perform better than funds managed by white men. He explains how greater diversity in fund management could benefit both investors and enterprises, while gradually introducing an impact focus to mainstream investing.
- Categories
- Investing
- Tags
- impact investing, SDGs
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