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Press Release: DFC CEO Marks U.S. $500 Million Loan for Strategic Supply Chain Diversification With Launch of New Energy Manufacturing Facility in India
The new First Solar facility reflects the United States’ commitment to financing more diverse supply chains that invest in local communities, create jobs, and ensure high standards, including in labor rights.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC Supports New Fund to Address Infrastructure Gaps, Cut Carbon Emissions Across Asia and Africa
$1 billion EMIF II Fund will support critical transport infrastructure and renewable energy projects in select high growth markets in South and Southeast Asia and Africa.
- Categories
- Energy, Environment
- Region
- Global
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Upcycled Cacao Fruit Juice, Anyone? Investors Gave Swiss-Ghanaian Startup $15 Million to Scale Koa Pure
The upcycled cacao startup makes products from the fruit of the plant, and its latest investment round involves both returning and new investors.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Hydro and Volvo Group Join Forces to Accelerate Net Zero Transportation
At COP28, Hydro and Volvo Group today announced a strategic partnership to enable the global transport manufacturer to reach its 2040 target of delivering net zero vehicles.
- Categories
- Environment, Technology, Transportation
- Region
- Global
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PUE at the BoP: Three Approaches To Making Productive Uses Of Energy Accessible To All
Productive Use of Energy (PUE) technologies, such as solar water pumps, refrigeration and sewing machines, are crucial for helping smallholder farmers and other microentrepreneurs generate incomes. But as Christopher Emmott at Acumen explains, the high up-front costs of PUE appliances prevent many people at the Base of the Pyramid (BoP) from purchasing them. He shares some innovative approaches and business models that can enable vulnerable communities to access these life-changing technologies.
- Categories
- Agriculture, Energy, Social Enterprise, Technology
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Press Release: IFC Investment to Support a Resilient Dairy Market in Brazil, Reducing Food Insecurity
The investment aims to expand production, processing, and distribution of dairy products in the Northeast Region of Brazil, helping tackle malnutrition and food insecurity.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Analysis: Small-Scale Farmers Receive 0.8% of Climate Finance Despite Providing a Third of Our Food Supply
Small-scale farms make up 84% of the world’s 570 million farms and control 12% of total agricultural land. In South Asia and sub-Saharan Africa, MSMEs are responsible for 65% of all food produced.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa