African Development Bank
Grant in 2024
The African Development Bank is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, established in 1964 to support Africa's economic development and social progress. It funds development projects and programs through loans, lines of credit, guarantees, and equity-like instruments, and provides risk management, treasury services, and trade finance support. It also offers concessional loans and grants, along with technical assistance for project selection, studies, capacity building, and implementation. By mobilizing public and private investment for both sectors, the bank aims to spur poverty reduction, improve living conditions, and foster sustainable growth across African economies.
MYEO, Myanmar Youth Empowerment Opportunities, is a tech-enabled education social enterprise. Our mission is to equip all of Myanmar’s new graduates with the skills to be valuable members of the workforce and community. A large youth population is one of Myanmar’s major strengths, according to the Asian Development Bank. The country may benefit from a “demographic dividend” with a large share of the population engaged in productive work and supporting a smaller share of older and non-working people. In fact, 33% of Myanmar's population is aged 15 to 35 years old, +18 million people. However, youths in Myanmar are in a vulnerable employment situation, either unemployed or underemployed. At the same time, organizations in Myanmar urge more qualified employees. Despite the challenges in work conditions for youth and low skilled workforce, Myanmar presents an encouraging opportunity on the adoption of mobile technology: +27 million people in the country use Facebook or Messenger. To seize that opportunity, MYEO has created a mobile-based online solution that nurtures youth employability and paves the way to build a high-skilled workforce for organizations in Myanmar. MYEO has a team of +30 people, with experience in technology, education, marketing and data analysis. Since 2014, the startup has been impacting the lives of thousands of youths in Myanmar, including +12,000 youths trained exclusively online, +50,000 youths using MYEO's learning chatbots and +150,000 youths engaging with MYEO's Facebook community.
Scandinavian Airlines
Funding Round in 2020
Scandinavian Airlines (SAS) is a prominent airline based in Scandinavia, providing air transportation services to a wide array of domestic and international destinations. The airline primarily caters to frequent business and leisure travelers, focusing on enhancing the travel experience through various services. SAS offers loyalty programs, innovative applications, and bundled packages that facilitate trip planning and provide customers with more options. While passenger traffic from Denmark, Norway, and Sweden contributes significantly to its revenue, the airline maintains a global presence through strategic partnerships with other carriers, allowing customers to access an extensive network of destinations across multiple airports.
Scandinavian Airlines
Debt Financing in 2020
Scandinavian Airlines (SAS) is a prominent airline based in Scandinavia, providing air transportation services to a wide array of domestic and international destinations. The airline primarily caters to frequent business and leisure travelers, focusing on enhancing the travel experience through various services. SAS offers loyalty programs, innovative applications, and bundled packages that facilitate trip planning and provide customers with more options. While passenger traffic from Denmark, Norway, and Sweden contributes significantly to its revenue, the airline maintains a global presence through strategic partnerships with other carriers, allowing customers to access an extensive network of destinations across multiple airports.