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Islamic Development Bank Approves $1.12 Billion in Development Financing for Nine Member Countries
The bank approved a $1.79m grant for projects in key sectors such as food security, health, transport, energy, urban development, education, water, and sanitation.
- Categories
- Investing
- Region
- Global
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Rwanda to Benefit From $62 Billion Fund to Address Water Challenges in African Cities
Rwanda is set to benefit from the African Cities Water Adaptation (ACWA) Fund which is set to address water issues and build climate resilience as a way of ensuring sustainable urbanisation in African cities.
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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Lagos, Nairobi, Kigali Entrepreneurs Invited to Apply for Global Urban Innovation Challenge for Emergent Cities
Utopia and the World Economic Forum’s new Centre for Urban Transformation have launched a global Urban Innovation Challenge to activate an ecosystem of 800 innovative urban entrepreneurs, investors, and mayors across Asia, Africa, and Latin America.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Microfinance for Better Housing: How the Sector Can Serve Low-Income Borrowers in India and Other Emerging Markets
In most emerging countries, populations are growing and the numbers moving into cities are rising even faster. Providing housing for these often low-income individuals has become a huge global challenge. But as development sector researcher Moin Qazi points out, these borrowers' lack of credit history, collateral and property rights makes it difficult for both traditional commercial lenders and microfinance providers to serve them. He explores the challenges facing housing microfinance in India and other emerging markets, and highlights some solutions.
- Categories
- Finance
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World Bank Approves $700 Million for Water Supply, Sanitation Programs in Nigeria
The World Bank has approved the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Program (SURWASH).
- Categories
- WASH
- Region
- Sub-Saharan Africa
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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Tech Helps Cashmere Herders, Hazelnut Farmers Fight Soil Erosion in Asia
Nakimo benefited from a programme by social enterprise Mountain Hazelnuts that aims to find sustainable uses for fallow land and prevent soil erosion - an increasing challenge for small-scale farmers in the Himalayan nation.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Interview: How COVID-19 Will Affect Impact Investing in India
Geeta Goel, country director, India, of the Michael & Susan Dell Foundation, talks about the need for responsible capitalism
- Categories
- Coronavirus, Education, Investing
- Region
- South Asia