News Archive - Page 261 of 366

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

ADB to help poor Sri Lankans access housing loans

ADB has recently authorized DVB (DFCC Vardhana Bank) in Sri Lanka, through a fund inflow of US$15 million to lend to poor Sri Lankans affected by conflict and tsunami in the past exclusively for home purchase and rehabilitation purposes. Read more here.

September 10, 2012

Housing crisis in Kenya

Kenya in particular is facing the same housing crisis being faced by the cities of all major African countries. A population boom due to decreased infant mortality has driven people in hordes to stay in the slums of Nairobi. Here, the average income per day for each person is US$0.95, […]

September 10, 2012

Affordable housing in Africa

Experts predict that population in Africa will double from roughly 1.04 billion in 2011 to almost 2 billion in by 2020. Housing will come under particular strain in Africa, given the increasing rates of rural to urban migration, forcing people to settle down in slums which are inadequate to human […]

September 10, 2012

Government to announce a social investment initiative

The Israeli government, on the eve of Rosh Hashanah will be announcing the launch of a social investment fund, to be used for social goals and social businesses. This will encourage the growth of the almost 200 social businesses in the country. It has full support from Prime Minister Benjamin […]

September 10, 2012

Rockefeller Foundation supports Impact Investing research in Africa

Rockefeller Foundation, under its Impact Investing initiative, is supporting research in as many as 5 SSA (sub-Saharan Africa) countries. The purpose of backing the research is to crack the complex code of policy barriers and ecosystem barriers in impact investment in these countries. Read more here.

September 10, 2012

IFC shows high impact on investments

IFC, member of the World Bank group reported high impact in terms of development funds mobilised in SSA (sub-Saharan Africa), from both its advisory services projects and investments which reached a record US$4 billion. IFC investment clients also benefited from US$1.2 billion mobilized from other investors. Read more here.

September 10, 2012

Impact First Ventures interested in high-tech social enterprises in Israel

Impact First Ventures, an Israel-based investment management firm is targeting a sum of US$25 million for social enterprises in the country that are high-technology dense. The firm is looking to fund enterprises with strong social motives. Read more here.

September 10, 2012

‘Gamifying’ impact investment

GreenBusinessOwner.com has launched an innovation game called GBO Hawaii, a sustainable strategy game which makes each player an impact investor who can make the conditions of Hawaiians, who have to import most of their food, and rely mostly on fossil fuel diesel, better, starting with an initial investment of US$500,000. […]

September 10, 2012

New impact investing stock exchange makes steady progress

The iX, or the Impact Exchange Board, the publicly regulated stock exchange has been making steady progress since its launch a year ago. Launched in partnership with SEM (Stock Exchange of Mauritius) and NeXii, a social enterprise which aims at encouraging impact investment ecosystem building, the initiative has seen through […]