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Oxfam Novib and Goodwell Target East African Startups With €20 Million Pepea Fund
The fund will provide financing to early-stage startups in Kenya, Uganda, and Ethiopia.
- Categories
- Agriculture, Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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ABC Fund Invests $4.5 Million in African Agri-Businesses
The Agri-Business Capital Fund (“ABC Fund”) has made a significant investment in the agri-tech industry across Africa.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: A $7 Million Gift from MacKenzie Scott Will Help Village Enterprise End Extreme Poverty for 20 Million People in Africa
As Women’s History Month comes to a close, Village Enterprise is thrilled to announce a gift of $7 million from MacKenzie Scott.
- Categories
- Agriculture, Environment, Health Care, Technology
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Faulu Microfinance Bank Targets Farmers with Sh1.5 Billion Loan in Kenya
Rising input prices, climate change and limited market access have left farmers struggling to meet planting expenses.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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Water Stress to Hit India’s Food Production by 2050, Says Report by GCEW
The report says many Asian countries, including China and ASEAN members, who are currently net food exporters, would become net food importers by 2050.
- Categories
- Agriculture, WASH
- Region
- Asia Pacific
- Tags
- food security, water
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Outgrowing the Flower Pot: Why Just Selling Productive Equipment to Smallholder Farmers is Not Enough
A new wave of companies are bringing equipment powered by renewable, decentralized energy to smallholders, and these devices can significantly boost farmers' yields and product quality. But as Daniel Waldron, Christopher Emmott, Priyanka Dudeja, Paraag Sabhlok and Chris Wayne at Acumen explain, just like a tree growing in a flower pot, this new growth can become a burden if it has nowhere to go. They argue that productive equipment must be combined with market access interventions to truly benefit smallholders, and highlight two innovative companies that are demonstrating the impact of this approach.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, Technology
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How Inclusive Finance Can Address the World’s Most Fundamental Challenge: Food Security, Nutrition and the European Microfinance Award 2023
According to the World Food Programme, the world is facing “a food crisis of unprecedented proportions.” Joana Afonso, Sam Mendelson, Fernando Naranjo Galindo and Daniel Rozas at the European Microfinance Platform (e-MFP) explore the multiple drivers and dimensions of food insecurity, and explain why the financial inclusion sector is uniquely placed to address it. They share how the e-MFP's European Microfinance Award 2023 is promoting innovative solutions to the crisis through its focus on “Inclusive Finance for Food Security & Nutrition.”
- Categories
- Agriculture, Finance, Transportation
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Agros Raises US $2.7 Million in Pre-Series A Funding Round
Sustainable agriculture solutions help Asian farmers decarbonize and double their profits, says agritech start-up.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, energy access