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TaniHub Bags $70 Million Series B, Aims to Expand Supply Chain
TaniHub Group, one of Indonesia's top agriculture technology start-ups, has raised US$69.5 million (Rp 942 billion) in a Series B funding round to expand its supply chain outside the islands of Java and Bali.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- startups
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Viewpoint: India Can Be a Global Leader in Building a Nature-Positive Economy
India's total agriculture subsidies are likely to reach $45-50 billion in perpetuity by 2030. Repurposing it to support India's 120 million smallholder farmers transition to regenerative agriculture can help generate system-scale impact by 2030 in a cost-neutral manner.
- Categories
- Agriculture, Environment
- Region
- Asia Pacific
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CDC Group Commits USD $100 Million to African Farmers
United Kingdom government-owned development finance institution CDC Group will be providing a debt commitment of USD 100 million to agricultural conglomerate Export Trading Group.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- ESG, impact investing
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Nestlé and TESDA Ink Deal to Upskill Coffee Farmers in Mindanao
Nestlé Philippines and the Technical Education and Skills Development Authority or TESDA signed Wednesday a memorandum.
- Categories
- Agriculture
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Beyond Risk: How Addressing Transaction Costs Can Boost Lending to Agricultural SMEs in Africa
Providing loans to agricultural enterprises in East Africa can be a complicated task, with challenges ranging from higher origination costs to arduous journeys to conduct due diligence. As Brian Milder of Aceli Africa explains, that makes many lenders reluctant to serve these businesses — and this lack of capital is stunting the growth of local agri-SMEs. In this third article in a four-part series, he explores the barriers to financing in the industry – particularly the under-recognized role of high transaction costs in limiting capital flows – and shares how Aceli is addressing them.
- Categories
- Agriculture, Investing
- Tags
- impact investing, lending
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IFC International Finance Invests in COMASA to Improve Resilience of the Agricultural Sector in Nicaragua
IFC has partnered with Comercializadora de Mani, SA (COMASA), to help preserve the competitiveness of the Central American country and protect thousands of jobs within the industry.
- Categories
- Agriculture, Investing
- Region
- Latin America
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CDC Group Commits $100 Million to ETG Group
CDC Group, the UK's development finance institution and impact investor, has announced a $100 million debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to global markets through its operations in 48 countries worldwide.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Alliance for a Green Revolution in Africa Partners With Aceli to Enhance Capital Flows for SMEs in Agriculture Sector
AGRA and Aceli have signed a letter of intent committing to jointly work together to test and scale up innovations that substantially drive down the cost and risk of financing SMEs in the agriculture space.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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