Category: Needs of developing countries

Investment in Ugandan solar company

Acumen is pleased to announce a $1.4 million investment in SolarNow, a company that sells and finances solar home systems in Uganda. We sat down with Shuaib Siddiqui, Acumen’s Portfolio Director to learn more about the deal and why he’s…

$1.6b in impact investing in India

Sectors like microfinance institutions, financial inclusion and healthcare together received 82% of the investment. Photo: Mint Mumbai. Impact investing firms, which invest to deliver social benefits alongside financial returns, have put $1.6 billion (around Rs.9,600 crore) into India since 2000,…

Indian organic fertilizer company

Chilasa Venture Philanthropy, a pioneer in supporting micro and small enterprises (MSMEs) through its investment ecosystem, today announced an investment in GloTech Organics Pvt Ltd, an Indian agricultural product manufacturer specialising in neem and seaweed based organic fertilisers. The United…

Building the impact investing market

Fishermen pull their fishing boat to the shore after their day’s job on Marina beach in the southern Indian city of Chennai March 18, 2014. REUTERS/Babu When the UK’s Department for International Development [DFID] launched the Impact Programme, just over a…

Sensors warn when water pumps fail

Sensors are being used in everything from remotely monitoring cracks in bridges to playing with your pet while you’re at work. So why not apply them to improving the lives of struggling people in under-developed countries by, say,  providing access to…

Kenyan start-up will manufacture car

VENTURES AFRICA – Kenyan car manufacturing startup Mobius has gotten an undisclosed capital from American billionaire Ronald Lauder, which would help it deliver on its promise to produce Africa’s cheapest car. The capital will be provided through the billionaire’s New…

Investment in pediatric health care in India

Making affordable pediatric primary care available to a wide-range of urban Indian children  18 June 2014. Bangalore, India: Unitus Seed Fund, India’s most active seed-stage impact investor, has invested in AddressHealth, India’s first pediatric primary healthcare network, providing comprehensive care…

Impact investing in francophone Africa

Issam Chleuh is the 27-year-old Malian national and founder of the Africa Impact Group, an advisory, research, data and news service provider that specialises in impact investing in francophone Africa. Impact investing refers to investments made into companies or funds…

To unleash India’s potential

Technology will pave the way to happiness and prosperity. (Sanjeev Gupta/EPA) By Vivek Wadhwa Indians are fed up with government inaction and corruption.  They want accountability, better education for their children, improved health care, and economic prosperity.  And they want…