Candi Solar Secures $38 Million to Accelerate Clean Energy Expansion; and more...
Candi Solar Secures $38 Million to Accelerate Clean Energy Expansion in India and South Africa
Candi Solar , a solar power solutions provider for commercial and industrial (C&I) clients, announced today that it has successfully closed its Series C funding round, securing $38 million in equity investment. The round was led by Norfund , Kyuden International Corporation , and STOA Infra & Energy .
Latin America and the Caribbean: IDB Invest Promotes Large-Scale Projects at Sustainability Week
Promoting large-scale development investments for Latin America and the Caribbean is the objective of Sustainability Week, organized by IDB Invest , the private arm of the Inter-American Development Bank , which kicks off Tuesday in the Brazilian city of Manaus, in the heart of the Amazon.
Finpact Launches Revolutionary Microfinance Initiative to Empower Global Entrepreneurs
To ensure broad and efficient access to these financial services, Finpact leverages state-of-the-art technology. The company has implemented mobile banking solutions and an AI-driven credit assessment system that simplifies the application process and tailors financial solutions to individual needs.
How Family Offices Can Lead the Charge to De-risk Investments
Family offices can lead the way in securing a sustainable and innovative future by employing a blended finance approach and developing strategic investment theses.
IFC and Jordan Partner to Combat Water Scarcity and Enhance Climate Resilience
Under the agreement, IFC - International Finance Corporation will collaborate with the Government of Jordan and Amman’s water utility company, Jordan Water Company "Miyahuna" , to co-develop a project that attracts private sector investments in reducing Non-Revenue Water (NRW). The project will be competitively tendered to enhance water-management efficiency and significantly reduce water loss across one-third of Amman.
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Tanzanian Fintech Selcom Acquired a Bank. Here Is Why This Is Interesting
Over the past 23 years, Selcom Tanzania has evolved from being an airtime distributor to providing merchant payments, agency banking, card issuing, e-commerce, and switching services for banks. This week, it entered the banking sector after acquiring Access Microfinance Bank Tanzania.
Temasek, GIC Part of Global Coalition Investing US$25 Billion in Indo-Pacific Emerging Markets
A coalition of investors, including Singapore’s Temasek and GIC , have committed to injecting US$25 billion in infrastructure investments in emerging markets that are part of an economic alliance between the US and several Asia-Pacific countries.
EBRD Lends Bosnia’s Mikrofin 2 Mln Euro to Back Green Investments
Mikrokreditno dru?tvo MIKROFIN will use the funds to provide loans to sub-borrowers for investments in renewable energy and energy-efficient technologies in the housing sector, the EBRD said in a press release.
Egypt: Misr Insurance Holding Launches New Microfinance Firm
Misr Insurance Holding Company ( MIHC ) has obtained a license from the Financial Regulatory Authority (FRA) to launch Maak microfinance company, with about EGP9 billion in targeted funds over five years.
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Tameo Impact Fund Solutions?is?the?Swiss impact investing specialist. Established in 2020,?Tameo?guides impact fund managers, catalytic investors and institutional asset owners through the entire impact investing journey, providing them with insights, tools, and opportunities to facilitate impactful capital flows. Tameo also acts as the business services manager of the Swiss Investment Fund for Emerging Markets (SIFEM).?
Our?products and services include unique data and benchmarks on private asset impact funds (PAIFs), AND impact data collection and reporting for fund managers and investors.?Additionally, we have developed an?AI-driven impact verification solution?and provide?bespoke market research, and impact framework building at the company and fund levels. These services are offered to clients driving investment activities globally, with a focus on private markets. Tameo’s flagship publication, the ‘PAIF?report’, offers the most comprehensive analysis about private debt and private equity impact funds focused on developing countries.
Through?our?research and impact advisory services, Tameo empowers clients to move towards best-in-class impact measurement & management.