SF partner and pioneering private development finance institution GroFin, has won a Gold Award in the Financial Services (SME Development) category Ghana-Africa Business Awards after winning the same award in 2015. The award was given in recognition of GroFin’s outstanding contribution to the development of Ghana. As well as this, GroFin won the Outstanding Healthcare…
SF partner Smart Freight Centre (SFC) and the Global Logistic Emissions Council (GLEC) today released an updated method – the GLEC Framework – to calculate the carbon footprint of freight transport. The updated GLEC Framework is designed to be easy for companies to implement, with clear calculation steps, guidance on reporting and target setting. This…
SF partners Sistema.bio and SMV Green have both been recognised by the prestigious Ashden Awards 2019. Sistema.bio was presented with the Clean Cooking Award for its work to bring clean biogas to farmers in Latin America, Africa and India. Its innovative and affordable biogas system turns animal waste into clean and odourless cooking fuel whilst producing…
By GroFin Managers, 24 June 2019 From mobile money to blockchain and data analytics, fintech is not only disrupting the way corporate financial institutions operate, it also presents far-reaching opportunities for social enterprises and development finance institutions to strengthen their impact and efficiency. Shell Foundation (SF) supports innovators to test new technology and enterprise models…
The Uganda Off-Grid Energy Market Accelerator (UOMA) is a neutral intermediary focused on accelerating the growth of off-grid energy access in Uganda to enable universal energy access. SF co-created UOMA in 2017 in partnership with USAID, Power Africa and the UK Government, to be implemented by Open Capital Advisors, a management consultancy headquartered in Nairobi,…
SF portfolio partner SunCulture recently announced the launch of its latest generation of solar-powered irrigation tool, RainMaker2, with a new ‘Internet of Things (IoT) capability that will help to boost the productivity of the world’s 570 million smallholder farming families. RainMaker2 offers more than double the amount of water than its predecessor and a longer…
Since 2017 we have been working with Calvert Impact Capital to encourage a gender-lens in investment, based on the clear evidence that a gender inclusive strategy leads to better performing investments and a more equitable and sustainable world. In this new report, Calvert demonstrate how it is not just the numbers of women in leadership and board…
Gail Klintworth, former Chief Sustainability Officer for Unilever and Director at the Business and Sustainable Development Commission, has agreed to join Shell Foundation’s Board of Trustees as Chair, effective 2 January 2019. Gail brings almost 30 years’ experience working for Unilever, where she helped establish the group as a leader in corporate, social and environmental…
Rent to Own (RTO) has successfully completed a seed round of $1.05m in equity, enabling it to grow its provision of high-impact assets to small scale-entrepreneurs and smallholder farmers in rural Zambia. The round was led by shareholder AHL Venture Partners, who significantly increased its investment, and supported by Small Foundation and Jordan Engineering (via…
CreditEnable has recently entered a strategic partnership with the Confederation of All India Traders (CAIT), which could help 70 million Indian traders to access affordable finance to invest in, and grow, their businesses. “We are delighted to partner with CAIT on this important initiative,” said Nadia Sood, CreditEnable’s CEO. “While there is a considerable supply…