SunCulture announce new IOT-enabled RainMaker2

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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…

New Calvert report on gender-inclusive investment strategies

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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…

Board of Trustees: Shell Foundation Announces New Chair

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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 raise $1.05m seed funding

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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 enters strategic partnership with Indian traders confederation

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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…

Sure Chill Wins Barclays Innovation Award

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SF portfolio enterprise Sure Chill recently received recognition for its innovative cooling technology after winning the UK Eagle Lab Innovation category at the Barclays’ annual High-Growth & Entrepreneur Awards. The awards celebrate entrepreneurs’ success, leadership and positive impact on society. Sure Chill has developed and patented unique technology that enables cooling equipment to maintain a…

Sure Chill CEO accompanies UK Prime Minister on trade trip to Africa

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Technology firm and SF partner Sure Chill joined UK Prime Minister Theresa May on a 4-day trade mission across three African markets last week, to promote their technology and build trade and investment links. Sure Chill has developed a unique new cooling technology approved by the World Health Organisation that ensures a refrigerator remains perfectly…

GroFin impact report 2017

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GroFin is an impact investment fund manager focused on small and growing businesses serving low-income communities. This latest report provides an overview of what they have accomplished so far and explains their plans for 2018. Shell Foundation partnered with GroFin in 2004 to co-create an innovative integrated solution business model to address the needs of…

SafeBoda: ‘The way Ugandans use boda-bodas is changing’

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SafeBoda is using modern technology to provide safer rides to motorbike taxi (boda-boda) passengers, increase profitability and regulation for drivers, and improve the lives of thousands of Ugandans that rely on boda-bodas as their main source of daily transport. Boda-bodas play a vital role in the Kampala traffic system as they are affordable and can…

Patience has helped Husk Power Systems achieve impact and viability

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Shell Foundation provides patient grant funding and extensive support to our social enterprise partners with the objectives of creating maximum impact and making those enterprises financially viable. Husk Power Systems’ recent announcement of commercial investment from Shell Technology Ventures LLC, Swedish development finance institution Swedfund International and ENGIE Rassembleurs d’Energies, ENGIE group’s impact investment fund,…