Inclusive business in the news

In this section we collect note-worthy inclusive business updates

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

Open Society Foundations Commit $15 Million to Gender Equality in Africa

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.

11. May 2020
The B4IG international coalition united against the inequalities deepened by the Covid-19 pandemic

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.

5. May 2020
Morgan Stanley Investment Management’s AIP Private Markets Team Expands $800 Million Impact Investing Platform with Global Climate Impact Fund

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. 

29. Apr 2020
Inclusive Business in Myanmar online bootcamp

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. 

29. Apr 2020
New blog: How Africa Is Using Medical Drone Delivery to Combat COVID-19

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.  

22. Apr 2020
COVID-19 pandemic fosters technology-based economic innovations in Africa

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.

17. Apr 2020
Webinar Series by CAFIID: On how Investment can tackle Gender Inequalities

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. 

15. Apr 2020
Additional first-loss capital from EDFI ElectriFI for new climate fund

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.