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NextBillion: PEG Completes $7.5 Million Round to Expand Activities in West Africa
Accra, Ghana – PEG, the leading off-grid solar company in Ghana, announced today that it has closed a $7.5 million Series A round. The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast.
The Economist: On the Move
Mobile and internet technology is transforming industries across the world, but Africa has more potential than most because the existing infrastructure falls so far short of people’s needs.
The Impact: Early-Stage Impact Investing: A Primer for Families
Early-stage impact investments can be a powerful tool for scaling businesses that are designed to make money and have measurable social impact.
Knowledge@Wharton: Social Entrepreneurship: What's the Best Way to Make a Difference?
Social entrepreneurship is on the rise. Sixty percent of all social enterprises today were founded only within the past eight years, according to Harvard Business Review.
CBS News. 60 Minutes: The Future of Money
A “mobile money” revolution has swept Kenya, where people can send and receive money on their cell phones. It’s improved commerce and brought basic necessities to poorer areas.
PR Newswire: Elevar Equity Closes Third Venture Fund Focused on High-Impact Businesses
Blue Haven took part in investing in the EE III, Elevar Equity’s third venture capital fund. Through this fund our goal is to make a collective impact with other investors on several key areas including education, housing and healthcare, and providing financial services to low-income communities in India and Latin America.
Business Daily Africa: Social Entrepreneur Offers Low-Income Earners Their Own Homes
“Karibu Homes provides hard working Kenyan families affordable, well-constructed homes in thriving communities – a fundamental human need – and opens up home ownership to low-income families who have so far been excluded from this opportunity,” Irfan Keshavjee says.
Business Daily Africa: Firm to Complete Sh1.6m Homes for Low-End Buyers in March
Low-income group focused developer Karibu Homes says it expects to complete phase one of its mixed development next month.
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