Coming Up a surprise special edition followed up by an article on the greatness of the United States of America.
The Lego Foundation is a new addition on my twitter handle. The Lego Group is synonymous for toys for children and is one of the foremost brands in the world. Headquartered in Denmark, The Lego Group defines the holistic Christian foundations of the country spreading joy, creativity and positive well-being among all. It is one of the quintessential companies to work on my list of the best companies to work in the world. So what are you waiting for, please apply for jobs at The Lego Group…I need to watch the Lego Batman movie sometime soon. Have a good night…
Pic Source: The Lego Foundation tweets
The Global Impact Investing Network (GIIN) just released a report on impact investing market. Looks an interesting read. 1340 organizations manage $502 bn assets globally which is less than 1 percent of the size of global capital markets. Asset managers dominate with 51% of estimated AUM and DFI at 27%. To make the impact space more impactful, the size of DFI must increase exponentially. Maximum number of the sample organizations are headquartered in North America.
David Beckham’s iconic signature dead ball free kicks remain enshrined forever for curvy goals which flummoxed the best goalkeepers in the world but David’s was certainly not known for his innovative financial structuring skills.
Welcome Blended Finance. Blended Finance not to be confused with bending finance, is fast becoming an important and potent tool for bridging the yearly $2.5tr gap to meet the UN Sustainable Development Goals target by 2030. Blended Finance is not a panacea for the global development crisis but stills works as an innovative way to pool in commercial capital to aid risk-adjusted return for development projects. OECD defines blended finance as the strategic use of development finance for the mobilization of additional finance towards sustainable development in developing countries. This is a defining change in the scope of blended finance from its work as various financial structuring instruments to its strategic use as a form of finance to eradicate social inequity. Continue reading “Blended Finance: Please don’t blend it like Beckham”
Kenya, if I am not wrong, is the development hub in Africa. Rockefeller Foundation is situated in Nairobi, Kenya and serves as the focal point for its work esp. in the sub Saharan region. Kenyan stock market is very vibrant and in 2019 Africa would be a good bet for growth in stock markets. M-Pesa, an avatar (not to be confused with James Cameroon’s movie) for mobile money transfer and micro-finance, is a riveting success in Africa and chiefly responsible for financial inclusion in the country. Continue reading “Africa: Innovation and Ethiopia”