- “While other people were looking at informal and rural communities as spaces full of challenges and poverty, [my experience] in underserved markets showed me how much wealth and opportunity there is,” Halan’s CEO Mounir Nakhla said.
- “Growing consumer populations continue to consume essentials,” write Will Poole and Dimitrios Lagias of Capria, which invests in emerging market private-equity funds, in a market brief that charts the resilience of such consumption in previous market downturns.
- Between 2012 and 2015 development finance unlocked some $81 billion in private capital for global development. Only $5.5 billion, or less than 7% of the total, ended up in one of the world’s 47 least development countries.
- Polymath Ventures is looking to raise a $100 million fund to help high-impact companies in Latin America raise early and growth stage capital
ImpactAlpha, November 5 – Aavishkaar wants to increase investment activity in Indonesia, Vietnam and Myanmar with its eighth fund. The India-based impact investor has a fundraising target of $300 million, DealStreetAsia reports. “We are avoiding India and China [with the fund], and looking more at smaller markets which have un-utilized potential,” Aavishkaar’s Vineet Rai said.
- The Food Securities Fund was launched in 2016 to link investors interested in sustainable agriculture to “stakeholders working with smallholder farmers to promote rural economic development, food security and climate smart agriculture.”
- Pyramid Group’s products currently reach about four million people, half of whom are part of the continent’s emerging consumer class.