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Acumen invests $1M in Somalia’s KIMS to grow off-grid solar Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $1 million in KIMS Microfinance, the largest microfinance institution in Somalia, to support the scaling of its off-grid solar financing activities
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Reimagining capital: Inside Acumen’s next chapter with Carsten . . . Acumen’s leadership in climate adaptation finance and its pioneering use of blended capital have helped address systemic challenges facing low-income communities across Africa, South Asia, Latin America, and the United States
Hardest-to-Reach invests in d. light’s catalytic multi-country . . . Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $5 million in Brighter Life by d light (“BLd”), the first multi-country receivables financing facility formed by d light and African Frontier Capital (“AFC”)
Acumen Appoints Carsten Stendevad as President and Chief Investment Officer Stendevad’s appointment comes as Acumen accelerates its Hardest-to-Reach initiative —a $250 million, five-year blended finance effort to achieve universal energy access in sub-Saharan Africa—and expands its climate adaptation investing across multiple regions
Jacqueline Novogratz - Acumen Jacqueline Novogratz is the founder and CEO of Acumen, a global organization that fights poverty and builds dignity through patient investment in companies and leaders; sharing knowledge and insights based on impact achieved; and creating partnerships to scale what works