CDC Group plc

CDC Group plc | November 22, 2016

James Wharton, the International Development Minister, has returned from his first visit to the Democratic Republic of Congo (DRC) where he saw the positive impact one of our investee businesses is making. During his trip, Mr Wharton visited a power plant in Matebe, which is owned and operated by Virunga Energy – a business we invested in earlier this year. The clean energy plant provides 96 megawatts of electricity for people living in the North Kivu province in the DRC. In this are...

CDC Group plc | November 15, 2016

A company dedicated to making international standard higher education available to Africans has received a long-term US$11.5m investment from CDC, the UK’s development finance institution. CDC’s equity investment, which is announced today, will support the roll-out of UNICAF higher education learning centres across African cities, including finalising the establishment of a university campus in Malawi. CDC’s investment is expected to lead to the creation of around 1000 jobs....

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...