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Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
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Nigeria’s Salpha Energy Raises $1.3 Million Funding to Scale Local Solar Assembly
Salpha will use the funding to scale operations, expand its product portfolio, and strengthen its local solar assembly facility.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Expanding Access to Finance for Energy Enterprises: EnDev Partners with Kiva
Through this collaboration, Kiva will provide tailored financial solutions to support small and medium-sized enterprises (SMEs) in the energy access sector across EnDev’s portfolio in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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African Development Bank Approves $8.79 Million to Boost Clean Cooking in Uganda
With cleaner kitchens, healthier families, greener forests, and a stronger climate response, the Uganda Biogas and Electric Cooking Project marks a critical step toward a more sustainable and resilient future.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Half of Southeast Asian MSMEs Plan to Increase Their ESG Budgets by 2027: CIIP Report
The report makes five suggestions to raise ESG awareness and the adoption rate among MSMEs.
- Categories
- Environment, Investing
- Region
- Global
- Tags
- ESG, impact investing, MSMEs, research, supply chains
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New Report Highlights Need for Ecosystem Approach to Help MSMEs in Southeast Asia Adopt More Sustainable Practices
The report by the Centre for Impact Investing and Practices (CIIP) found that MSMEs in Southeast Asia recognise the business value of adopting sustainability practices.
- Categories
- Environment, Investing
- Region
- South Asia
- Tags
- ESG, impact investing, MSMEs, supply chains
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IFC and TLG Capital Launch $75 Million Fund to Help African SMEs Stay Afloat
"To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Glovo and Salad Africa Partner to Provide Financing Worth ₦100 Million for SMEs
The partnership will help to close the funding gap for Africa’s SMEs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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