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Press release: FINCA Impact Finance and KfW Announce USD 8.5 Million Subordinated Loan Facility for Democratic Republic of Congo
FINCA Impact Finance is furthering its strategy of diversifying its sources of funding to pursue digital transformation and promote financial inclusion through mobilizing deposits and local currency debt funding. In the past year, it has attracted worldwide attention and interest from the investment community after issuing bond offerings in its subsidiaries in Pakistan, Nicaragua and Armenia, allowing greater flexibility to manage foreign exchange and geographic risks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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What’s the Best Way to Teach Entrepreneurship? Assessing the Impact of Different Business Training Approaches
With countless low-income people running small-scale enterprises, many see entrepreneurship as a viable pathway out of poverty. But what are the most effective methods for teaching business skills to these entrepreneurs? MIT D-Lab's Libby McDonald disseminates research from D-Lab's Practical Impact Alliance working group, highlighting key approaches for transferring entrepreneurial knowledge to BoP business owners, and discussing skillsets that can serve as the primary building blocks for a business-training curriculum.
- Categories
- Uncategorized
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Press release: Goodwell launches EUR 20 million fund
Goodwell Investments has launched a new EUR 20 million fund for investments in the inclusive economy in Sub-Saharan Africa. The launch specifically meets the growing demand for impact investments from private investors, family offices and foundations, and plays to the many investor requests Goodwell received following the successful closure of its predecessor fund earlier this year.
- Source
- Press release
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Purdue to be part of a $70 million consortium for global development
United States Agency for International Development, or USAID, is giving that $70 million over the next five years, contingent on congressional authorization. The agency aims for the consortium to fund research that can translate promptly and effectively into real-life solutions.
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Female-owned businesses driving economic growth, reducing inequality in Ghana
Microenterprises owned by females have been promoted as a powerful engine of economic and social growth, poverty alleviation and a promenade to the elimination of gender inequality. At the same time, research has documented gender gaps in microenterprise business performance and investment, which can serve to reproduce gender inequality and hinder economic growth.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Brac, Osiris Group announce Impact Fund Partnership
Brac, an international development organization based in Bangladesh, has partnered with the Osiris Group, a private equity firm that invests in Asia—to establish the Impact Fund Partnership.
- Categories
- Investing
- Region
- South Asia
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Breaking Out of the Social Impact Conference Rut: Five Ways to Design a Truly Impactful Event
Have you ever been to a conference and felt a strange sense of déjà vu – an uncanny feeling that you've seen the sessions, read the buzzwords and heard all the stories before? Even for passionate, insightful members of the social impact community, it's easy to fall into the “same old” when planning a conference. Madhu Viswanathan at the Subsistence Marketplaces Initiative at the University of Illinois shares tips for fellow changemakers who seek to avoid this rut when organizing their own gatherings.
- Categories
- Social Enterprise, Uncategorized
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Village Enterprise Closes Investment for First Development Impact Bond for Poverty Alleviation in Sub-Saharan Africa
"This DIB, which pays Village Enterprise for improvements in income levels of extreme poor households, is remarkable because of the ambitious outcomes it incentivizes…. We also hope to generate important lessons on how to effectively commission, adapt and scale promising poverty alleviation programs"
- Region
- Sub-Saharan Africa
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