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Deetken Impact’s Ilu Women’s Empowerment Fund Awarded $750K Grant to Advance Gender-Responsive Climate Finance Initiatives in Latin America and the Caribbean
The grant will support a combination of catalytic investment capital and technical assistance to unlock resources and knowledge at the intersection of climate action, gender equality, and health.
- Categories
- Investing
- Region
- Latin America
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Navigating the Financing Paradox for WSMEs: Workable Solutions for Increasing Financial Inclusion Among Women-Owned or -Led Small and Medium-Sized Enterprises
In Africa, an estimated $42 billion financing gap exists for small and medium-sized enterprises owned or led by women (WSMEs). According to Nathalie Gogue-Ebo, Crystal Mugimba, Millie Maina and Shiemaa Ahmed at Open Capital, this gap has persisted despite the fact that women own the majority of the continent’s SMEs, and that globally, they default on their loans at a rate 53% lower than men. They explore the main roadblocks facing African WSMEs, and share some solutions that can ensure that these women entrepreneurs have access to the capital they need to thrive.
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IsDB Joins Efforts With WHO and Development Partners to Promote Health Impact Investment
The US$ 10 million grant from IsDB will specifically support the technical assistance that WHO provides to countries around the world.
- Categories
- Environment, Health Care
- Region
- Global
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AFDB Approves $100 Million for Youth Entrepreneurship Investment Bank in Nigeria
The newly approved bank will provide assistance to young entrepreneurs through technical support, business incubation, quasi-equity, and debt.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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BII and FMO Join Forces With the UK Government to Boost Finance for Agribusinesses
The facility addresses the lack of access to finance for agribusinesses in developing countries and increases support for successful, inclusive agribusinesses.
- Categories
- Agriculture
- Region
- Global
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Mobilizing Capital in the Low-Cost Private School Sector: Key Insights Two Years into an Innovative Partnership
One in five children in sub-Saharan Africa are out of school, and without scalable solutions, the region — like other emerging markets — won’t meet SDG 4’s goal of education for all. Mauricio Rincon and Mathieu Fourn at Opportunity International, and Alvaro Ma at Oikocredit argue that affordable non-state schools can help address this need — but only if they're supported by financial institutions and impact investment. They share learnings from a partnership between Opportunity and Oikocredit that is directing millions of dollars in capital to these schools, along with capacity building and other support.
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Reimagining Enterprise Support and Advisory Services for Energy SMEs: Five Principles for Boosting their Impact in the Global South
Over 675 million people still lack access to electricity (as of 2021) — over 80% of whom live in sub-Saharan Africa. As Godfrey Simiyu Katiambo at Mercy Corps Energy4Impact explains, bridging this energy gap in an equitable, sustainable manner will require not only a massive increase in funding, but also targeted support for the small-and-medium enterprises (SMEs) that are advancing clean energy access in underserved communities. He explores the growing need for enterprise support and technical and business advisory services that cater to these SMEs' unique challenges, and proposes five ways to boost the impact of these services.
- Categories
- Energy, Environment
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IKEA Supports SME Waste Management Projects with $5.1 Million in Kenya
The collaborative effort will support the development of policies and regulations that encourage private sector engagement in waste management and circular economy practices.
- Categories
- Investing, Technology, WASH
- Region
- Sub-Saharan Africa
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