The loan will enable the Wagagai farm, recently acquired by Selecta one, to develop its business and maintain its role as a hub for social initiatives.
A new report from UK-backed programme MOBILIST highlights the growing number of successful securitisation initiatives allowing development institutions to unlock more of their capital without putting their AAA ratings at risk.
The government hopes its new Office for the Impact Economy will provide a hub to drive large-scale funding into social impact. We asked senior figures in the sector for their views on the move.
The asset manager said impact-oriented investment in public equities, in addition to private markets, is needed to tackle global social and environmental challenges.
The Africa-focused fund with a gender-inclusive strategy has invested in 18 firms in five countries in sub-Saharan Africa, almost half of which had female founding teams.
Investors said the technology, which measures and interprets electrical signals from plants to assess their health, will improve farming sustainability and profitability.
A survey from the Global Impact Investing Network highlights concerns over impact classification and measurement, as institutions seek to scale impact investment.
The bond, launched as the COP30 climate summit takes place in Brazil, is intended to provide a blueprint for further issuance to support development in the region.