In this section, we will update you with announcements from the ecosystem of inclusive business, pre-selected according to their relevance for inclusive business ventures.
List: IB in the news
On 19 February 2020, Mercy Corps announced the successful launch of a collaborative action with Golden Sunland - a rice company, Village Link - a digital agri-solution provider, and Daung Capital - a fintech. By leveraging the production contract with Golden Sunland, smallholder farmers gain access to credit to purchase seed, fertilizer and operation capital on an extremely versatile credit terms offered via Daung Capital.
Dynamic Nigerian entrepreneurs are in focus after the Nigerian Stock Exchange launched a growth board for fast-growing small and medium enterprises (SMEs) to help businesses raise long-term risk capital and grow. At the 29 January the bourse outlined the services on offer for businesses in the growth cycle. Services offered include: pre-listing diagnostics, institutional services (such as audit, financial advisory, legal advisory, corporate strategic advisory), investor relations, analyst coverage, corporate access and corporate governance.
The I&P Afrique Entrepreneurs 2 (IPAE 2) fund welcomes two new African companies to its portfolio, thus pursuing an active investment rhythm, less than two years after its launch. Fully in line with the fund’s mandate, these new investments will strengthen I&P’s footprint in Anglophone Africa and allow a first entry into Nigeria, monitored from I&P’s office in Ghana...
USADF and All On are excited to request proposals for the USADF-all On Off-Grid Energy Challenge. Proposals are invited from eligible Nigerian off-grid energy companies. Selected enterprises will receive funding in the form of convertible debt and grant capital. To be considered for the Challenge, applicants must be 100% African-owned, majority Nigerian-owned and -managed private companies registered in Nigeria and must be operating in Nigeria.
The SGB Evidence Fund aims to address knowledge gaps in the small and growing business sector by commissioning high-quality, practitioner-researcher co-generated research projects that yield insight into what works to stimulate the growth of SGBs through improvements in firm productivity and performance, as well as build evidence on the economic and social impacts of SGB growth.
At its summer 2019 meeting in Geneva, the World Economic Forum International Business Council (IBC) launched a project to develop a proposal for consideration at its winter 2020 meeting in Davos‑Klosters for how its members could measure and disclose meaningful and relevant aspects of their performance on environmental, social and governance matters and their contribution to progress on the SDGs on a consistent and comparable basis.
SNV has joined hands with DBCCI for engaging the private sector to bring more Inclusive Business (IB) solution for readymade garments (RMG) sector. DBCCI will be supporting private companies to build knowledge, design inclusive business model, piloting and promoting in national and international arena. DBCCI is inviting private companies to design and pilot IB Models to serve RMG workers to improve their health and wellbeing.
The deadline for submission of proposals is January 31, 2020.
Inclusive Business Thematic Intervention areas:
Four global issues clearly stand out as urgent and important, and will feature prominently on the agenda at the Annual Meeting 2020 in Davos: 1. How to address the urgent climate and environmental challenges that are harming our ecology and economy. 2 How to transform industries to achieve more sustainable and inclusive business models as new political, economic and societal priorities change trade and consumption patterns. 3. How to govern the technologies driving the Fourth Industrial Revolution so they benefit business and society while minimizing their risks to them. 4.
The ASEAN Secretariat launched its flagship ASEAN Integration Report (AIR) 2019 in Jakarta on 26 November 2019. The AIR highlights ASEAN’s numerous measures for economic integration, primarily through the ASEAN Economic Community. The report also recognises the ASEAN Inclusive Business Framework that was endorsed in 2017 to contribute towards promoting inclusive growth of MSMEs in the region.