Sustainable Development Goal 8

Three-Quarters of Women Around the World Want to see Action to Lift the Second Glass Ceiling

Retrieved on: 
Tuesday, July 11, 2023

46% of American women said they would be uncomfortable bringing up these issues with a male manager or employer.

Key Points: 
  • 46% of American women said they would be uncomfortable bringing up these issues with a male manager or employer.
  • The findings come from newly commissioned data, summarized in a BSI report entitled Lifting the Second Glass Ceiling, exploring why some women leave the workforce early for reasons other than personal choice.
  • 56% of women in China said it was uncommon to see older women in positions of leadership, compared with 39% in the US.
  • Censuswide surveyed 5,074 people who self-identify as women (18+) in the UK, US, Australia, China and Japan between May 11th and 17th,2023.

UN Global Compact launches Living Wage Analysis Tool

Retrieved on: 
Monday, May 1, 2023

New York, United States of America, May 01, 2023 (GLOBE NEWSWIRE) -- The UN Global Compact, the world’s largest corporate sustainability initiative, today launched a new Living Wage Analysis Tool (“the Tool”) to help companies identify actions and further opportunities to provide a living wage to ensure all workers, families and communities can live in dignity.

Key Points: 
  • New York, United States of America, May 01, 2023 (GLOBE NEWSWIRE) -- The UN Global Compact, the world’s largest corporate sustainability initiative, today launched a new Living Wage Analysis Tool (“the Tool”) to help companies identify actions and further opportunities to provide a living wage to ensure all workers, families and communities can live in dignity.
  • Through showcasing good practices for ensuring a living wage in business operations and supply chain practices and leveraging resources for continuous improvement, the Tool can help businesses advance the living wage economy by making concrete commitments to assume their responsibilities and deploy their influence within value chains.
  • Using the Living Wage Analysis Tool to ensure a living wage for all workers benefits core operations, value chains and the wider operating environment and enables businesses to better meet their human rights commitments.
  • The Tool was developed through the UN Global Compact Think Lab on Living Wage with companies and organizations leading on the topic and questions based on real-life company practice, international standards and indicators.

EMGA completes EUR 9.4M capital raise for Kashf Foundation with financing from BIO

Retrieved on: 
Monday, October 3, 2022

Speaking on the transaction, Mr Shahzad Iqbal, CFO of Kashf Foundation said, Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan.

Key Points: 
  • Speaking on the transaction, Mr Shahzad Iqbal, CFO of Kashf Foundation said, Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan.
  • Just to share that it has always been a pleasure working with EMGA on new transactions to expand our network and outreach.
  • I believe BIO and Kashf will work together and build a strong relationship to increase the financial inclusion in Pakistan and particularly for women.
  • Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Change Successfully Closes First AAA-Rated Securitization of CDFI Originated Home Loans

Retrieved on: 
Thursday, August 25, 2022

The Change Company CDFI LLC and its subsidiary Change Lending LLC (Change) Americas CDFI are pleased to announce that Change has closed the first ever AAA-rated securitization of residential home loans originated entirely by a CDFI.

Key Points: 
  • The Change Company CDFI LLC and its subsidiary Change Lending LLC (Change) Americas CDFI are pleased to announce that Change has closed the first ever AAA-rated securitization of residential home loans originated entirely by a CDFI.
  • Jesse Elhai, Managing Director of Capital Markets for Change, said: We are proud to have been the first CDFI to securitize its own residential loans earlier this year.
  • The securitization of loans originated by our CDFI have now earned the highest credit rating of AAA by the most respected rating agencies Standard & Poors and Morningstar DBRS.
  • Since becoming a CDFI, over 70% of Change Lendings loans have been to Black, Latino, and low- and moderate-income borrowers and communities.

Avanz Capital Egypt Establishes Avanz Manara

Retrieved on: 
Sunday, March 27, 2022

Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an investment holding company established under the oversight of the Financial Regulatory Authority.

Key Points: 
  • Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an investment holding company established under the oversight of the Financial Regulatory Authority.
  • Avanz Manara will work in partnership with the growing number of private equity and venture capital funds investing in Egypt to provide capital and global best practices to grow the private equity and venture capital industry in Egypt and attract international investors to support the growth of the countrys private sector.
  • The authorized capital of Avanz Manara is EGP 2 billion, with initial subscribed capital of EGP 905 million from Egyptian institutional investors.
  • Avanz Capital Egypt (ACE) is an Egyptian-domiciled investment manager established to manage Avanz Manara for Private Equity, Company Limited by Shares.

Global Microfinance Market Trajectory & Analytics Report 2022-2026: Artificial Intelligence Poised to Transform the Future of Microfinance - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 23, 2022

The "Microfinance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Microfinance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Microfinance focuses on provisioning of microloans to low-income and unemployed people who do not have access to traditional financial services.
  • Asia-Pacific represents the largest regional market for Microfinance, accounting for an estimated 42.5% share of the global total.
  • The global microfinance market forecast to witness a strong growth rate in the upcoming years due to increasing number of microenterprises, government efforts to promote microfinance, and lower interest rates.

Hepsiburada launches project to support women's cooperatives in e-commerce

Retrieved on: 
Thursday, March 3, 2022

ISTANBUL, March 3, 2022 /PRNewswire/ -- Hepsiburada (NASDAQ: HEPS), one of the leading e-commerce platforms of Turkey, continues to celebrate and support women's entrepreneurship with the launch of the "Women's Cooperatives: Stronger with E-Commerce in the Pandemic" project in collaboration with International Labor Organization (ILO), Innovation for Development (I4D), and the U.S. Department of State Bureau of Population, Refugees and Migration (PRM).

Key Points: 
  • The cooperatives involved in the Project, will enjoy several benefits, including commission discounts, advertising and marketing support, free photoshoots, and shipping support.
  • The project will contribute to the participation of women's cooperatives in the economy to encourage local development and inclusive and sustainable economic growth.
  • The project will help with the digital transformation of women's cooperatives to improve their access to online marketplaces and boost their presence in supply chains and economy.
  • To date, Hepsiburada has supported 24,000 female entrepreneurs and 88 women's cooperatives since 2017 under the Technology Empowerment for Women Entrepreneurs program.

Hepsiburada launches project to support women's cooperatives in e-commerce

Retrieved on: 
Thursday, March 3, 2022

The cooperatives involved in the Project, will enjoy several benefits, including commission discounts, advertising and marketing support, free photoshoots, and shipping support.

Key Points: 
  • The cooperatives involved in the Project, will enjoy several benefits, including commission discounts, advertising and marketing support, free photoshoots, and shipping support.
  • The project will contribute to the participation of women's cooperatives in the economy to encourage local development and inclusive and sustainable economic growth.
  • The project will help with the digital transformation of women's cooperatives to improve their access to online marketplaces and boost their presence in supply chains and economy.
  • To date, Hepsiburada has supported 24,000 female entrepreneurs and 88 women's cooperatives since 2017 under the Technology Empowerment for Women Entrepreneurs program.