9 July 2024


Jul 8
Nuveen Raises $200 Million for Private Equity Impact Strategy
Investment manager Nuveen announced that it has raised commitments of approximately $200 million at the first close of its second global climate inclusion private equity strategy, aimed at investing in solutions addressing sustainable development challenges including climate change and inequality.
Source: ESG Today
Jul 5
Kenya: Faulu Bank Receives KSh 900MN Boost from Old Mutual
Microfinance institution, Faulu Bank, intends to restrategize its operations by leveraging on digital banking after receiving KSh 900 million from its parent company, Old Mutual.
Source: Kenyan Wall Street
Jul 5
Suzuki Launches $40 Million Fund to Nurture Agri & Microfinance Start-Ups in Rural India
Through the Fund, called Next Bharat Venture, Suzuki will put resources into inventive start-ups connected with microfinance and agriculture, the organization informed, adding that it will likewise give training to country’s rural entrepreneurs.
Source: Silicon India
Jul 5
regmifA Announces OeEB’s Investment in B-Shares to Bolster Financial Inclusion in Sub-Saharan Africa
The investments will support the portfolio expansion of the Fund within Sub-Saharan African countries through financing loans to micro, small, and medium businesses and low- and middle-income households via selected financial institutions.
Source: regmifA
Jul 4
Impact Bridge Launches €50M Private Debt Fund
Spanish impact investors Impact Bridge Asset Management have announced the launch of IB Impact Direct Debt, a €50m fund which will help finance social and environmental impact companies and projects focusing mainly on developing countries.
Source: Impact Investor
Jul 4
Swedfund Invests in Urban Resilience Fund for African Cities
Swedfund has invested EUR 30 million in The Urban Resilience Fund (TURF), managed by Meridiam, to address the pressing challenges of climate change and urbanisation in Africa, primarily in Sub-Saharan Africa.
Source: Swedfund
Jul 4
Vietnam: Hanoi Green Bond Market up to US$800MIL
The sustainable bond market in Vietnam reached a size of US$800mil at the end of March, according to a new report by the Asian Development Bank (ADB). The market is composed of green bonds and sustainable bond instruments issued solely by corporates and mostly carrying short-term tenors.
Source: The Star
Jul 3
Indonesia: Indorama Ventures Secures $200M Loan to Expand Recycling Capabilities
The loan is set to bolster the company's strategic sustainability programmes across India, Thailand, and Indonesia. It will also provide the company with the flexibility to convert into a sustainability-linked facility in the future based on agreed targets.
Source: GlobalData
Jul 2
Uzbekistan: ACWA Power Secures $533M for Tashkent Riverside Project
The project encompasses a 200MW solar photovoltaic (PV) plant and a 500 megawatt hours (MWh) battery energy storage system (BESS), the largest in Central Asia, aimed at bolstering the Uzbek grid.
Source: Power Technology
Jul 2
DFC Finalizes $50 Million Commitment to TIG’s Latin American Reforestation Strategy
The U.S. International Development Finance Corporation (DFC) announced a $50 million commitment to help mobilize $1 billion for the BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy.
Source: BusinessWire

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