Technology provides pace, the economy provides scale, says Freshwater’s Joe Whitworth, in the race to save our rivers.
The $25 million African Agricultural Capital Fund was billed as “first of its kind” when it was announced last year, but backers were a little hazy about exactly what it was the first of. A new case study of the five-party negotiations that led to the fund, issued by the Global Impact Investing Network, usefully
Virtual City, a mobile-technology company based in Nairobi, is redesigning its agricultural supply-chain system to help small farmers raise their incomes, through $1.5 million in convertible debt financing from Acumen Fund. The deal, announced last week, is an example of how financing from impact investors can help ventures in the developing world re-focus their existing
The Kauffman Foundation is bullish on entrepreneurship in Africa and will push it at the African Innovation Summit at the end of the week: Governments in the region seem to be valuing bottom-up movements for entrepreneurship in their efforts to set in motion a long-term economic growth strategy. According to the 2012 Doing Business report
Financial innovation got a bad rep in the financial crisis. But inside the well-barricaded Federal Reserve Bank in downtown San Francisco last month, the financial engineers were at it again. Teams of financial statistical whiz kids pitched complex new bonds, loan-guarantees, and hybrid structures of debt and equity. Their target? It wasn’t mortgages. It was
“Chance favors the connected mind,” is Steven Johnson’s short answer to the question posed by his book, “Where Good Ideas Come From.” Leading minds in global health and sustainable energy connected last week at “Powering Health Care in the Developing World” in Washington, D.C. The UN Foundation and the World Health Organization brought together more
Impact investors may not be all that interested in jump-starting new ventures that aim to provide vital services to the world’s poorest people after all. But a new report from Acumen Fund – one of the earliest impact investing funds – and the Monitor Group suggests there is another class of funders who should play