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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: New Report: Evaluation of the Shifting Systems Initiative
Rockefeller Philanthropy Advisors (RPA) is pleased to announce the release of the evaluation report for its groundbreaking Shifting Systems Initiative (SSI).
- Categories
- Investing, Technology
- Region
- Global
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Press Release: Miller Center Invest Awards Catalytic Impact Funds to Social Enterprise Alumni
The fund aspires to unlock $5 million in investment per year for Miller Center’s global network of social enterprises.
- Categories
- Investing, Social Enterprise, WASH
- Region
- Global
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Seedstars Youth Wellbeing Ventures Mandate to Invest $20 Million in Small African Companies
The aim of the funding is to improve the well-being of young people in low- and middle-income countries across the continent.
- Categories
- Finance, Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, housing, philanthropy, sanitation, water, youth
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Xiaomi India Joins United Way India to Empower Rural Communities With Sustainable Energy
The primary objective is to equip these villages with reliable, sustainable energy through solar photovoltaic (Solar PV) Infrastructure.
- Region
- Asia Pacific
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing
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Press Release: A $7 Million Gift from MacKenzie Scott Will Help Village Enterprise End Extreme Poverty for 20 Million People in Africa
As Women’s History Month comes to a close, Village Enterprise is thrilled to announce a gift of $7 million from MacKenzie Scott.
- Categories
- Agriculture, Environment, Health Care, Technology
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Press Release: Thane Kreiner and Steven Lovejoy ’78 Announce $3.7 Million Estate Gift to Santa Clara
Thane Kreiner and Steven Lovejoy ’78 Announce $3.7 Million Estate Gift to Santa Clara.
- Categories
- Social Enterprise
- Region
- Global
- Tags
- philanthropy