Acumen’s KawiSafi Ventures raises $70 million for off-grid solar ventures in East Africa

KawiSafi has invested $21 million in five companies, including d.light, a leading solar lantern and home-system provider

Key ingredient in the blended-finance blend: revenues

"To put it bluntly, if you want investors, you have to present a revenue line," says Convergence's Joan Larrea.

European pension funds move to operationalize their impact strategies

Institutional investors in Europe are expanding their Impact investing mandates and relaxing restrictions that had blocked the deployment of capital.

TPG Growth’s Rise Fund rocked by federal charges against CEO Bill McGlashan

“As a result of the charges of personal misconduct against Bill McGlashan, we have placed Mr. McGlashan on indefinite administrative leave effective immediately,” a TPG spokesperson said.

With oceans in peril, investors find new ways to invest in the ‘blue economy’

ImpactAlpha, March 28 – The bad news about the oceans has finally started to generate some good news for investors looking for investments in the blue economy. A growing recognition that oceans are in crisis – from global warming and acidification to plastics pollution and depleted fisheries to “dead zones” caused by chemical runoff from agriculture

Japan’s Dai-ichi Life makes $9 million clean tech fund commitment

The Japanese life insurance company is backing clean tech investor Energy & Environment Investment (EEI)

Bamboo Finance, Moeda and the government of Togo launch a tech-driven impact fund for tech-driven companies

Brazilian fintech Moeda has joined with the African nation of Togo to backstop a planned €100 million ($113 million) impact fund being raised by a Switzerland-based private-equity firm Bamboo. It’s all based on blockchain.