USAID awards CATALYZE contract to Palladium to bolster impact investment in developing countries

AFRICA – The United States Agency for International Development (USAID), through its Office of Private Capital and Microenterprise (PCM), has awarded Palladium a USD 250 million contract known as CATALYZE. CATALYZE is a project by USAID aimed stimulating impact investments in frontier markets and social sectors – such as education – which remain largely left out or underserved. According to the USAID, a major barrier to impact development in frontier markets is the risk involved, as there is a lack of evidence that investments in social services in fragile states…

Read More