Blended finance is no magic wand – and there's little reason to use it in most of Asia, one expert says. Plus, more positive sentiments from speakers at this week's gathering in Spain – but a plea for “more African representation” next time.
Low-key government announcement of latest £350m dormant assets funding allocation falls short of what social investment leaders had been campaigning for, as money will be evenly split between four ‘good causes’.
Fondo de Impacto Social – or Social Impact Fund – is announced at the GSG Global Impact Summit with an aim to further boost Spain’s thriving impact investment market.
Nigerian entrepreneur calls for boldness and ‘deliberate action’ to address inequality – and urges GSG Summit audience to consider how their actions affect Africans, including those fleeing the continent on a ‘journey to nowhere’.
The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring Oceanium, Astanor Ventures, Fair4All Finance, Big Society Capital, Temasek Trust, and many more.
Tributes pour in following this week’s news of the death of Suzanne Biegel, the impact investor whose “legacy would require many lifetimes to fully honour”.
Applications open for new fund offering loans of between £1m and £4m to social enterprises with track record of profitability in health and social care, affordable housing and ‘social infrastructure’.