Thomson Reuters Foundation: U.S. boosts public-private partnerships to grow impact investing
“The United States on Thursday announced three public-private partnerships to boost private investment in early-stage enterprises in developing countries as part of its strategy to make impact investing and private sector partnerships a backbone of its development policy. The U.S. Global Development Lab (Lab), part of the U.S. Agency for International Development (USAID), will invest $6.3 million in partnerships with Village Capital, Shell Foundation, and Unitus Seed Fund, which, combined, are expected to create total benefits of almost $40 million…” (Zweynert, 9/4).