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African Development Bank and Government of Rwanda Launch $300 Million Energy Sector Results-Based Financing II Program Co-Financed With Aiib to Accelerate Universal Energy Access
The performance-based financing approach links disbursements to independently verified results to strengthen electricity transmission and distribution networks, improve grid reliability, and expand on-grid and off-grid connections among other targets.
- Region
- Sub-Saharan Africa
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Lightrock Launches ACCELERATE7 Following the Final Close of a USD $500 Million Fund
With the launch of Accelerate7, Lightrock’s capital dedicated to energy transition, energy access and climate investments now totals approximately USD $2 billion, representing a significant share of the firm’s assets under advice.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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UBS Optimus Foundation and Co-Funders Commit USD $29 Million to Chancen International’s Future of Work Fund, Scaling Student Financing in Rwanda, Kenya, and South Africa
To date, Chancen has funded over 9,000 students, and the Future of Work Fund will provide funding for a total of 15,000 young people – with the growing number of investors providing opportunities to help thousands more.
- Region
- Sub-Saharan Africa
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The DIV Fund Issues Request for Proposals
Through its tiered model, the Fund provides financing for early-stage pilots, rigorous evaluation of promising solutions, and the scale-up of interventions with demonstrated impact and cost-effectiveness.
- Categories
- Social Enterprise
- Region
- Global
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Viewpoint: Impact Investing’s New Discipline
Impact investors are not asking for less impact — they are asking for more discipline. Drawing on conversations with investors across Miller Center’s network, Brigit Helms explores why execution, unit economics, additionality, and impact-revenue alignment are becoming central to the next phase of social enterprise finance.
- Categories
- Agriculture, Social Enterprise
- Region
- Global
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Press Release: Rockefeller Foundation Calls for Urgent, Coordinated Response to Record Decline in Global Aid, per New OECD Data
Projections from ISGlobal research and The Lancet Global Health suggest this level of ODA decrease could lead to 9.4 million or more preventable deaths by 2030.
- Categories
- Health Care
- Region
- Global
- Tags
- data, global development, NGOs, research, SDGs
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SolarAid CEO John Keane is Stepping Down
SolarAid today announced that its Chief Executive Officer, John Keane, has decided to step down from his role in June
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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FinDev Canada Provides USD $30 Million Loan to CIFI to Support Inclusive Economic Growth in Latin America and the Caribbean
The loan will enable CIFI to expand access to financing for private sector infrastructure projects in Official Development Assistance eligible countries across Latin America and the Caribbean.
- Region
- Latin America
