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MFS Africa becomes first African FinTech funded by a China-based VC in $4.5M Series B round led by LUN Partners Group

MFS Africa will work with LUN Partners Group to boost financial inclusion in countries targeted by China’s ‘Belt and Road’ initiative.

 Apr 2018

Port Louis, Mauritius – 18th April 2018 - MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech ...

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Tala expands to Mexico, India fueled by $65m in new financing

 Apr 2018

SANTA MONICA, April 17, 2018 -- Tala, a global leader in mobile-first financial services for underserved consumers, announces today a $50 million Series C equity investment led by Revolution Growth. Additional participants include existing investors IVP, Data Collective, Lowercase Capital, Ribbit Capital, and Female Founders Fund ...

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EU Bank pioneers new bond in support of sustainable development

 Apr 2018


  • The new Sustainability Awareness Bond will initially focus on activities in the water sector, and will be later expanded to health and education
  • United Nations welcome the new financial product as major step in the international development effort
  • New bond to build on success of ...
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Standard Chartered and CDC to launch supply chain finance programme to boost global trade - agreement will see US$150m boost to SME suppliers in Africa and South Asia

 Apr 2018

16 April 2018 - CDC Group (“CDC”), the UK’s development finance institution, and Standard Chartered Bank (“Standard Chartered”) have today announced the signing of a memorandum of understanding for a supply chain finance programme that will increase financing for SME suppliers in Africa and South ...

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We have launched an innovative new financing solution: The Social Success Note!

Could The Launch of the World’s First Social Success Note Be The Answer to The SDGs Funding Gap.

 Apr 2018

Today, the world’s first Social Success Note or “SSN” is launched at the Skoll World Forum by Yunus Social Business, The Rockefeller Foundation, UBS Optimus Foundation and Impact Water. Similar to Social Impact Bonds, the SSN is a new financial innovation that harnesses the ...

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Convergence supports efforts to establish the first Green Bank in an emerging market

 Apr 2018

TORONTO, 5 April 2018 - Convergence and ClimateWorks are partnering with the Coalition for Green Capital (CGC) and the Development Bank of Southern Africa (DBSA) to support the establishment of the Climate Finance Facility (CFF), which hopes to be the first “Green Bank” in an emerging ...

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Environmental, Social and Governance Factors Can Be Material Risks for Fixed Income Investors, Finds World Bank Group and GPIF Report

 Apr 2018

Washington, D.C., April 19, 2018—Incorporating environmental, social and governance (ESG) factors into fixed income investment strategies can strengthen risk management and contribute to more stable financial returns, finds a new report by the World Bank Group and Japan’s Government Pension Investment Fund ...

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Financing for Development: Progress and Prospects 2018

Major report released in advance of the G20 and World Bank/IMF Spring Meetings

 Apr 2018

NEW YORK, 13 April 2018 – The prospects of around 800 million of the world’s poorest people remain dire. The global economy is experiencing a moderate upturn, and momentum around sustainable investing is growing, the UN said today.

But the vast majority of investment is ...

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P&G Announces New Environmental Sustainability Goals Focused on Enabling and Inspiring Positive Impact in the World

Ambition 2030 Goals Span Brands, Supply Chain, Society and P&G Employees

 Apr 2018

Monday, April 16, 2018 - "We believe P&G can be a force for good and a force for growth, and we are taking a more deliberate approach to delighting consumers while enabling responsible consumption"

The Procter & Gamble Company (NYSE:PG) today announced it has achieved ...

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