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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Cancellation of UN Climate Weeks Removes Platform for Worst-Hit Communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices.
- Categories
- Environment, Investing
- Region
- Global
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Press Release: Viewpoint: Income Inequality High or Rising in 60 Percent of Countries With Loans From IMF and World Bank
Income inequality is high or increasing in 60 percent of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank.
- Categories
- Investing
- Region
- Global
- Tags
- global development, SDGs
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World Bank Loans Ethiopia $1.72 Billion for Power, Water Supply Expansion
The bank will allocate $523 million to expand the Horn of Africa nation’s electricity network and boost renewable energy generation, according to the ministry’s statement.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, water
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Report: Africa’s Private Capital Deals Drop for First Time in 7 Years
The report by the African Private Capital Association (AVCA) shows that the volume of deals dropped by 28 percent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Tideline and Multiplier Advisors Announce Strategic Partnership to Serve the Growing Institutional Interest in Investing in Social Determinants of Health
Partnership between specialized consultants aims to unlock $5 billion in new impact investing capital over 5 years for social determinants of health.
- Categories
- Health Care, Investing
- Region
- North America
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Press Release: The Investment Integration Project Releases New Report “System-level Investing: Case Studies of Investors Leading the Way” that Highlights First-Mover Investment Teams That Have Embraced the Practices for System-level Investing
New report includes detailed case studies on California State Teachers Retirement System (CalSTRS), Domini Impact Investments, Saint Paul & Minnesota Foundation (SPMF), University Pension Plan (UPP), and Wespath Benefits and Investments.
- Categories
- Investing
- Region
- Global
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SunCulture Raises $27 Million in Series B Round From Investors Including Netflix Co-Founder
SunCulture supplies small solar-powered water pumps, the cost of which is subsidised by the sale of carbon credits, to small-scale farmers, allowing them to replace diesel-powered pumps in some cases and boost yields in fields that weren’t previously irrigated.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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