IDA launches Inaugural Bond, Pioneering New Model for Development Finance: First IDA bond raises US$1.5 billion from investors around the world*
The International Development Association (IDA) today launched its first bond in its nearly 60-year history, as investors around the globe seized the opportunity to invest in a triple A-rated asset and support life-changing investments in the world’s poorest countries.
The bond, which marks the ...
Milan, 11 April 2018 – Nearly 20 of the world’s leading financial centres are gathering in Milan, on the 12th and 13th of April, to hold the inaugural meeting of a new international network to accelerate green and sustainable finance.
Sustainable finance is ...
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.
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 ...
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 ...
- 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 ...
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
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 ...
Could The Launch of the World’s First Social Success Note Be The Answer to The SDGs Funding Gap.
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 ...
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 ...
Environmental, Social and Governance Factors Can Be Material Risks for Fixed Income Investors, Finds World Bank Group and GPIF Report
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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