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Citi, OPIC and Ford Foundation Launch Scaling Enterprise, a $100MM Financing Partnership to Support Social Enterprises
Citi Inclusive Finance, the Overseas Private Investment Corporation (OPIC) and the Ford Foundation today introduced Scaling Enterprise, a $100 million loan guarantee facility, which will enable Citi to provide early-stage financing in local currency to companies that expand access to products and services for low-income communities in emerging markets. The announcement was made at the 2019 SOCAP Conference.
- Categories
- Entrepreneurship, Finance, Investing
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Protecting Women Will Make You Money
Big investors are starting to use a new metric to assess financial risk: rates of gender-based violence.
- Categories
- Investing
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US Aims to Double Financing in Latin America to $12 Billion
In addition to loans, loan guarantees and political risk insurance, the U.S. International Development Finance Corporation will have the authority to make limited equity investments with a $60 billion cap.
- Categories
- Finance
- Region
- Latin America
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Africell to Spend $100M on Mobile Infrastructure, Fintech in Africa
Africell founder and chief executive Ziad Dalloul told Reuters the money would help fund infrastructure investments for its operations in Uganda, Democratic Republic of Congo, Gambia and Sierra Leone.
- Region
- Sub-Saharan Africa
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ResponsAbility Investments Backs Women Entrepreneurs in Emerging Markets With $175M
The sum was raised through the issuance of U.S. Dollar dominated-debt securities maturing in 3 years to institutional investors.
- Categories
- Entrepreneurship, Investing
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New Thinking to Advance Gender Equality: ‘Radical Collaboration’ in Action
"We don’t want to wait centuries or even decades to achieve equality for all women everywhere. We want it now." Alexa Blain, co-founder and Managing Partner at Deetken Impact, recently attended the Women Deliver conference where, along with a decent dose of inspiration, she and her colleagues discovered that a bold, collaborative approach could hold the key to unlocking empowerment efforts.
- Categories
- Impact Assessment, Investing
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More Than 2,300 Cataract Surgeries With Cameroon Cataract Bond
Financially the hospital is performing better than anticipated after its first year and is on track to become financially sustainable within five years.
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- Health Care
- Region
- Sub-Saharan Africa
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Press Release: First-Of-Its-Kind U.S. Government Blended-Finance Fund to Empower Women in Developing Markets
The WAM fund is a blended-finance vehicle designed to attract private capital in developing markets by offering protection to commercial investors by lowering the risk of loss. This blended-finance approach seeks to catalyze capital to create a $100 million fund to invest specifically in women’s financial inclusion.
- Categories
- Finance