3 mins in development finance/ wk47 (November 16–22)
My weekly reading list for those interested in development finance and Impact investing focused on developing countries.
Development Finance
IFC & WorldBank
- (12/11/20) IFC, TCX Strengthen Partnership to Support Capital Flows into World’s Poorest Countries -"IFC"
- (11/11/20) New Google-IFC report estimates Africa’s Internet economy could be worth $180 billion by 2025 -"IFC"
- (10/11/20) IFC Launches Innovative Mongolia Tugrik- linked Financing for Transcapital, to Help Micro and Rural Entrepreneurs Amid COVID-19 -"IFC"
- (09/11/2020) IFC and AIA Sri Lanka Partner to Increase Sri Lankan Women's Access to Insurance, Create More Jobs
- (09/11/2020) IFC and the Hong Kong Monetary Authority Launch New Alliance to Address Climate Change
- (09/11/2020) World Bank Releases Guide for Sovereign Issuers to Engage with Investors on Environmental, Social and Governance (ESG) Issues
- (06/11/2020) Tongans Get Access to New Financial Lifeline with Launch of Remittances Service
- (03/11/2020) IFC and Santander Partner to Support Small Businesses and Expand Green Financing in Brazil
- (04/11/2020) IFC Supports National Financial Inclusion Strategy to Boost Access to Financial Services in Ukraine
CDC
- (11/11/20) | VIDEO: Strengthening sustainability expertise though our ESG workshops -"CDC Group"
- (10/11/20) A changing climate – how can we accelerate investment to help businesses and communities adapt? -"CDC"
- (09/11/20) CDC Group commits to BlueOrchard Covid-19 support fund that aims to support more than 200 million jobs in emerging and frontier markets -"CDC"
- (09/11/2020) CDC Group commits to BlueOrchard Covid-19 support fund that aims to support more than 200 million jobs in emerging and frontier markets
- (06/11/20) How do we get capital to African SMEs to build a sustainable recovery? -"CDC"
- (05/11/2020) CDC announces additional US$100 million commitment to risk sharing facility with SMBC Bank International plc
- (03/11/20) CDC announces US$75 million long-term dollar funding to Stanbic IBTC Bank PLC -"CDC"
- (02/11/2020) Moving the dial on gender-smart investing: why our new guide focusses on the ‘how’
Asia Development Bank
- (11/11/20) ADB Supports Seabank to Expand Trade Finance in VietNam -"ADB"
- (11/11/20) ADB Approves $121 Million Loan to Complete Modernization of Eastern Uzbekistan Railway Network -"ADB"
- (09/11/2020) Rethink Education to Prepare Developing Asia for the Future of Jobs and Skills — ADB Book
African Development Bank
- (13/11/20) African Development Bank, partners, agree to strengthen commitment to gender equality -"AFDB"
- (12/11/20) Virtual Event on (24/11/20): Africa Delivers: Accelerating Development Outcomes -"AFDB"
- (12/11/20) Virtual Event on (19/11/20): South Africa Civil Society Virtual Open Day -"AFDB"
- (12/11/20) Uganda tops African countries with well-developed electricity regulatory frameworks - ERI 2020 report -"AFDB"
- (11/11/20) Financial modelling in the extractive sector: Harness Africa’s natural resources for sustainable development – African Development Bank | -"AFDB"
- (11/11/20) | Virtual Event on (24/11/20) | AfCFTA: COVID-19 as a catalyst for Accelerating Trade and Investment in Africa -"AFDB"
- (11/11/20) Uganda: African Development Bank grants $500,000 for capacity development of MSMEs within the petroleum sector -"AFDB"
- (11/11/20) 2020 Peace Forum: African Development Bank to fully engage on fragility and gender issues at the first “Finance in Common” summit -"AFDB"
- (10/11/20) Indo-Africa Summit panel calls for strong PPPs to close Africa’s infrastructure gap, strengthen trade -"AFDB"
- (09/11/2020) 25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition
- (06/11/20) There are unmatched investment returns in Africa despite the challenges, AIF’s Anohu tells global business leaders -"AFDB"
- (05/11/2020) African Development Bank signs grant agreement to support the Rwanda Coding Academy
SIFEM
FMO
- (12/11/20) Blended finance and partnerships to increase climate-resilient economic growth -"FMO"
- (03/11/2020) South African bank Sasfin first to benefit from EU-FMO emergency facility
- (03/11/2020) Enhancing FMO’s impact through investments in Financial Institutions
- (05/11/2020) European Development Finance Institutions Announce Joint Ambitions for Climate Action
Proparco
- (12/11/20) $4 billion for an inclusive private sector recovery in Africa -"Proparco"
- (09/11/2020) European Bilateral Dfis And Eib Launch €280m Financing Initiative To Support Covid-19 Impacted Businesses
- (09/11/2020) Finance In Common: Read The Main Announcements And Declarations Of The Summit
- (07/11/2020) Bridge Fund By Digital Africa
EBRD
- (11/11/20) Mongolia's Otoch Odi supports people’s health during the coronavirus pandemic -"EBRD"
- (09/11/2020) EBRD and TSKB extend new funds to Turkish wet wipes maker Sapro
- (02/11/2020) EBRD supports green transition of Poland’s electricity producer Tauron
- (05/11/2020) EBRD and Baltic states to develop commercial paper market
EIB
- (12/11/20) Finance in Common Summit: responsAbility, supported by FMO and EIB, Commits to Gender Equality: Climate fund qualifies for the 2X Challenge -"IFC"
- (10/11/20) | VIDEO: What The EIB Does For Gender Equality -"EIB-Youtube"
- (09/11/2020) European bilateral development finance institutions and EIB launch EUR 280 million financing initiative to support Covid-19 impacted business
- (03/11/2020) COPEAM and the EIB launch an online training course for journalists on reporting climate change
BIO
- (12/11/20) Attracting Private Climate Finance to Emerging Markets -"BIO"
- (02/11/2020) European ambitions
FinnFund
- (13/11/20) Op FinnFund Global Impact Fund I To Join A Financing Package To Improve BroadBand Access In Rural Indonesia -"FinnFund"
- (11/11/20) Finnfund’s investments empower women in developing countries -"FinnFund"
EDFI
Norfund
- (02/11/2020) Emergency loans help SMEs overcome Covid-19
FinDev Canada
Misc content in development finance
- (11/11/20) In Southeast Asia, COVID-19 Speeds Transition to Digital Technologies -"TheDiplomat"
- (11/11/20) 6 Soft Skills South Asia’s Students Need to Succeed -"Unicef"
- (09/11/2020) EBA Consults on Integrating ESG into Risk Management, Supervision Regulation Asia
- (09/11/2020) New impact fund to help Asia-Pacific’s COVID recovery Probono Australia
- (07/11/2020) Key takeaways from The Future of Development Finance DEVEX
- (06/11/2020) Climate finance for developing countries on rise: OECD Anadolou Agency
- (05/11/20) Social Investment for people, planet and prosperity - "FinanceInCommon"
- (05/11/2020) VIDEO Future Talk 2020: Green Education - Worlddidac Association
- (04/11/2020) Green financing to help drive China’s 2060 push for carbon neutrality South China Morning Post
- (03/11/2020) Regnan launches Global Equity Impact Solutions Fund Institutional Asset Manager
- (03/11/20) EU provides €100 million to Mozambique for education, health and social protection -"ModernDiplomacy"
- (03/11/2020) Green, blue, socially-sustainable bonds on the rise China Daily
Misc content around technology of interest
- (12/11/20) | VIDEO: VE Musings Episode 1: Reinventing digital health during COVID-19 -"Youtube"
- (11/11/20) Understanding Africa’s $180 billion internet economy future -"blog.google"
- (07/11/2020) Why it could be difficult to find some cars in South Africa right now Business Tech
- (07/11/20) VIDEO: Key takeaways from The Future of Development Finance -"Devex"
- (06/11/2020) Malawi gets new solar power plant to fill critical energy gap ESI Africa
- (04/11/2020) Fintech Startup LivFin Secures INR 35 Cr Funding To Expand Ops Inc42
- (03/11/2020) Use of innovation and emerging technologies to address COVID-19 challenges highlighted at regional UN forum UNESCAPE
- (03/11/20) Should Asian cities take a Danish approach to AI? -"TechWireAsia"
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Financial Times
- (15/11/20) Tech after Trump: what a Biden win will mean for Asia -"FinancialTimes"
- (08/11/20) Scottish Widows to dump ￡440m of company holdings that fail ESG tests -"FinancialTimes"
- (08/11/2020) China demand for Europe’s luxury goods lifts virus-hit economy -Financial Times
- (08/11/2020) Asian ESG wave gathers pace as consumers and start-ups buy in - Financial Times
- (04/11/2020) Ethical investment is about morals not markets - Financial Times
- (05/11/2020) Japan’s ethical capitalism has lessons for the world on ESG - Financial Times
- (28/10/20) Asset managers warned over ‘insufficient’ climate risk reporting -"FinancialTimes"
- (26/10/20) Finance houses join the rush toward supporting the energy transition -"FinancialTimes"
The Economist
- (15/11/20) How not to reform Indonesia -"TheEconomist"
- (12/11/20) Companies desperate for cash must be better corporate citizens -"TheEconomist"
- (12/11/20) The cost of leaving women and people with disabilities behind during the COVID-19 global economic downturn | LinkedIn -"TheEconomist"
- (17/10/20) Low-interest rates leave savers with few good options -The Economist
- (15/10/20) Can China’s reported growth be trusted? -The Economist
- (03/10/20) Myanmar’s government makes life difficult for Western investors -The Economist
Enjoy.
If you have suggestions for articles that should be featured in future lists, please drop me a note and follow me on LinkedIN.