Month: December 2012

Islamic banking and its values

One of Acumen’s portfolio companies in Kenya is currently going through a capital restructuring. The entrepreneur is Muslim and at some point during the negotiations, the request to explore sharia-compliant financing came up. Not knowing much about Islamic banking, I did a bit of research. What I learned really impressed me. Sharia forbids of all[…..]

Closing the Pioneer Gap

In April 2012, Monitor Inclusive Markets published From Blueprint to Scale: The Case for Philanthropy in Impact Investing, in collaboration with Acumen Fund and with support from the Bill & Melinda Gates Foundation. The report examines which types of funding are the most catalytic for growing social enterprises, from the earliest blueprint phase when business[…..]

Nokia and Kenya Fund Mobile Start-ups

[This post originally appeared on HumanIPO, a leading African news and technology site.] Finnish mobile phone-maker Nokia has partnered with the government of Kenya through the Kenya ICT Board to work towards ensuring tech startups specialising in agricultural, health and…