By Mars Woo
The Meloy Fund seeks to invest in fishing and seafood-related enterprises in Indonesia and the Philippines.
With a personal fortune of $163.8 billion, the Amazon.com Inc. CEO had previously been largely invisible in the world of philanthropy.
The fund size will be doubled in the coming days to improve the education outcome of 300,000 students in Delhi and Gujarat.
The funding has been raised equally from two BlueOrchard managed funds – Microfinance Initiative for Asia (MIFA) and the Japan ASEAN Women Empowerment Fund.
It targets 18 early-stage enterprises across 12 countries in South and Southeast Asia with the aim to impact the lives of 8 million people.
LienVietPostBank has the largest network among joint-stock commercial banks, with 200 branches and 1,000 transaction offices
The move is expected to help India’s efforts towards becoming a low-carbon economy
The U.S.-based foundation has raised an additional $32 million in debt over the last 18 months.
IFC, through IFC InfraVentures, is a 15% shareholder in project developer Nepal Water & Energy Development Company.
The $100-million Capria Fund plans to invest capital in countries in Sub-Saharan Africa, South/South-East Asia and Latin America in areas such as agriculture, food security, healthcare, and education.