Few would dispute that for many of the 840 million people without access to electricity globally, off-grid solutions will be essential to improving livelihoods for many of the poorest and most remote households and enterprises. That said, as impact-first investors, we should not be content with a headline and a picture of a satisfied rural
CDC is providing $100 million each to South African bank ABSA and Egyptian bank CIB, and $75 million to Pan-African bank TDB.
When it comes to driving shared prosperity across a market, how capital is deployed is as important as what is funds.
Bamboo Capital wants to raise $500 million for a series global funds make "missing middle" investments in support of the Sustainable Development Goals.
Philanthropic commitments to cover loan losses could catalyze hundreds of millions in financing for affordable housing, small business and climate action at almost no cost – as long as there are no calls on the guarantees. Nine foundations, a health care system and a nonprofit lender committed more than $33 million from their balance sheets
In a guest post on ImpactAlpha, Convergence’s Adhiti Gupta makes the case that more funding to de-risk the design and structuring of blended-finance vehicles could accelerate the development of the market.