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
The Open Society Economic Justice Program has committed $15 million to two women-led investment funds that advance economic and gender equity. These investments — $10 million in Alitheia IDF and $5 million in Women’s World Banking Capital Partners II recognize the power of African women in the informal economy to catalyze change and amplify women’s voices while contributing to their economic empowerment.
The Business for Inclusive Growth (B4IG) members, a global initiative managed by the OECD, are stepping up collective financial support and facilities totaling more than €38 bn and are launching a collective call for an inclusive business recovery after Covid-19.
Alternative Investment Partners Private Markets (AIP Private Markets), part of Morgan Stanley Investment Management, today announced it has built upon its $800 million impact investing platform by closing on a $110 million fund which will focus globally on climate solutions. The fund seeks to address critical climate issues including global warming and pollution, depleting resources and eco diversity.
The DaNA Facilitiy and the BoP Innovation Center present the "Inclusive Business in Myanmar online bootcamp". In this course you learn about what Inclusive Business in Myanmar means as such, how to develop an Inclusive Business and how to use partnerships effectively in doing so. The bootcamp is free and open until 30 June 2020.
The drone delivery company Zipline is specialised in helping national health systems to react effectively to medical emergencies in remote communities. During the Covid-19 pandemic their services are critical and are helping to prevent system-wide shortages of medical products. This new blog article explains how.
The African Development Bank has raised a $3 billion bond to help digital technologies grow as these are seen playing a critical role in strengthening the Continent's economy and society against the pandemic. This aritcle enumerates a number of specific use cases where digital technologies such as a e-commerce help create an enabling environment for human resilience.
CAFIID's webinar series gives insights from other practitioners on how you can invest to address gender inequalities. This event forms part of the 2X Challenge which calls for the G7 and development finance institutions to collectively mobilize $3B USD to invest for women in emerging and frontier economies to improve their economic access participation. The webinar takes place on April 21, 2020 at 12:00 EST/ 9:00 PST.
On 6 April, Swiss impact asset manager responsAbility Investments and EDFI ElectriFI announced their cooperation in the field of climate finance in emerging economies. Under the agreement, EDFI ElectriFI is providing additional first-loss capital for a responsAbility-managed energy debt fund targeting universal access to clean power. By further strengthening the Fund’s capital structure, responsAbility aims to mobilize additional private capital in line with SDG7.
The Aavishkaar Group announced today The Aavishkaar Group Facility for Humane Actions – in response to the COVID-19 challenge with an INR 2 crore grant, established as part of the Aavishkaar Foundation.
DBS Foundation offers grants between SGD 50,000 and SGD 250,000 to social enterprises who have a product market fit, demonstrated traction in sales and revenue, clear social impact and are ready to scale up.