Nepal
Frontier market fundraising: Roads less travelled
As fundraising slows globally, GPs in frontier markets are more dependent than ever on multilateral development banks. That’s not a major problem now, but in a long downturn, it could become one
Deal focus: WorldLink reaches into Nepal’s hinterlands
British International Investment and Dolma Fund Management are supporting WorldLink’s rollout of internet services in Nepal, having been impressed how the company handled COVID-19
Nepal's Dolma hits second close on Fund II
Nepal’s Dolma Fund Management has reached a second close of USD 50m on its second impact fund with the addition of the US International Development Finance Corporation (DFC) as an LP.
CDC expands Asia footprint
UK development finance institution CDC Group, already an active investor in South Asia, has announced a strategic pivot toward the broader region with a special interest in Southeast Asia.
PE & gambling: Ante up
Private equity has exhibited consistent appetite for gambling-related assets amid pandemic-fueled uncertainty. Regulation remains a significant wildcard in Asia. Reputational risk, not so much
DFIs help Nepal impact fund to $40m first close
Development finance institutions (DFIs) featured prominently in a $40 million first close for the second impact fund from Nepal-focused Dolma Fund Management. The target is $75 million.
CDC, FMO, SDC launch Nepal investment platform
European development finance institutions CDC Group and FMO and the Swiss Agency for Development and Cooperation (SDC) have jointly launched a market building platform in Nepal.
CDC expands VC program with South Asia focus
UK development finance institution CDC Group has engaged two venture capital industry veterans as part of a VC program expansion in Africa and South Asia.
CDC appoints Nepal head
UK development finance institution CDC Group has appointed Rabi Rayamajhi as its first country representative for Nepal.
CDC backs Nepalese internet service provider
CDC Group has made its first equity investment in Nepal with a NPR1.35 billion ($12 million) commitment to WorldLink, the country’s largest private sector internet service provider.