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Press Release: Education Cannot Wait Approves US $33.3 Million for Burkina Faso, Mali and Niger in the Central Sahel
In response to escalating crises in the Central Sahel, these new programmes will reach 300,000 children and youth impacted by displacement, conflict and COVID-19
- Region
- Sub-Saharan Africa
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The Development Bank of Rwanda Spearheads Economic Inclusion Among Refugees
The Development Bank of Rwanda (BRD) has secured $9 million (over Rwf8.5 billion) from the World Bank to finance entrepreneurial projects initiated by refugees in Rwanda.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Private Sector Can Help Light the Way for Forcibly Displaced People. Here’s How
According to the UN Refugee Agency (UNHCR), 97% of FDP have limited or no access to electricity in camps. As a result of constrained resources and short-term funding cycles, energy access is rarely considered in the country strategies, projects and budgets of the UN.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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COVID-19: Burden or Boon for Financial Inclusion?
When the Alliance for Financial Inclusion outlined its “Five Key Financial Inclusion Policy Trends for 2020” on January 17 of this year, the spread of the novel coronavirus was still in its infancy. Now that COVID-19 has wreaked havoc on the global economy, Robin Newnham at the Alliance for Financial Inclusion revisits those trends, viewing them through the prism of the pandemic – and finding both new risks, and new opportunities.
- Categories
- Coronavirus, Finance
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Here’s How Governments Can Help Mobile Phones Become a Humanitarian Lifeline
As the COVID-19 pandemic strikes poor and vulnerable people all over the world, mobile phones have become a lifeline for many.
- Categories
- Coronavirus, Technology
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VCs Get Behind Disaster Tech in Search for Innovative Life-Saving Technologies
Creating profitable growth and social impact through partnerships - here’s how VCs are supporting Disaster Tech
- Categories
- Coronavirus, Health Care, Technology
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Press Release: Bangladesh-Based Clean Energy Firm SOLshare Successfully Closes US$1.1 Million Financing Round With Support From IIX Impact Partners
IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
- Categories
- Energy, Finance, Technology
- Region
- Asia Pacific
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Championing Refugees Financial Inclusion in Rwanda
The UNHCR Rwanda counts around 150,000 refugees hosted by Rwanda in camps. The Mahama camp which is the largest in the country is home to over 61,000 refugees from Burundi. For many Forcibly Displaced Persons (FDPs), a stay in refuge could last longer than 15 years. Yet, despite a steadfast and significant participation in the socio-economic activities of their host communities through education, small scale businesses, and casual labours, access to formal financial services for refugees in Rwanda was almost inexistent until recently.
- Categories
- Finance
- Region
- Sub-Saharan Africa