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Browsing: African countries
Population growth and economic development have necessitated speeding up and scaling up infrastructure development in Africa. Over 28 African nations have seen population growth of more than double in the last 30 years. The population of 26 other African countries will quadruple over the next 30 years. Consequently, funding for the continent’s infrastructure has become essential.…
- Seedstars Capital represents an alternative investment platform focused on supporting emerging fund managers and investing in technology companies in emerging and frontier markets.
- Fondation Botnar is a Swiss philanthropic foundation dedicated to improving the health and well-being of young people living in urban areas worldwide.
- The partnership reflects their shared commitment to fostering positive impact through strategic investment.
Switzerland-based investment platforms– Seedstars Capital and Fondation Botnar have launched the Seedstars Youth Wellbeing Ventures mandate targeting Africa. Consequently, they intend to invest $20 million in early-stage, purpose-driven companies. These companies will help improve the well-being of young people in low- and middle-income countries across the continent.
Seedstars Capital represents an alternative investment platform. The platform supports emerging fund managers and invests in technology companies in emerging and frontier markets. Moreover, Fondation Botnar is a Swiss philanthropic foundation dedicated to improving the health and well-being of young people living in urban areas…
Worth noting here is that Africa, including Ethiopia and most of its East African neighbours, are squirming in shipments of second-hand clothing, interestingly, imported from Europe, North America and other western countries.
What better defines neo-colonialism than Africa producing clothes to be exported to Europe and North America only for these very clothes to be sold back to Africa after they have been used! This sounds worse than the renowned exploitative colonial and post-colonial trade agreements (that still hold true and strong) where Africa, using cheap labour, produces raw material, which is cheaply exported to Europe, processed, packaged and sold back to Africa!
Several East African countries have attempted to honour up and ban the import of second-hand clothes. As you can imagine, the attempt failed.…
A blue bond is a relatively new form of a sustainability bond, which is a debt instrument that is issued to support investments in healthy oceans and blue economies, wherein earnings are generated from the investments in sustainable blue economy projects.
According to IDB Invest, Blue bonds can raise capital for projects and companies seeking to have a direct impact on the ocean and water-related issues while advancing in social inclusion, economic growth, environmental protection, and the broader 2030 agenda.
The World Bank is the biggest multilateral funder for ocean and water projects in developing countries and is committed to working with investors to highlight the critical need to support the sustainable use of ocean and marine resources which inarguably includes better waste management.…