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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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MIGA, Deutsche Bank Partner to Increase Trade Finance in Frontier and Emerging Markets with EUR 1 Billion Guarantee Platform
The platform is not only seeking to expand access to trade finance but also has targets to direct a meaningful share of the trade finance volume enabled by MIGA's participation toward priority areas, including International Development Association (IDA) countries and Fragile and Conflict-affected Situations (FCS), small and medium enterprises (SMEs), agriculture, health, and water.
- Categories
- Finance
- Region
- Global
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Xoom, a PayPal Service, and Flutterwave Enable Direct Money Transfers to Nigeria
By combining Xoom’s expansive reach with Flutterwave’s local compliance and banking partnerships, the two companies are providing a more accessible financial corridor for the continent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Green Crime Goes Global
Environmental crime has become so extensive that it is reshaping the global policy agenda, evolving from a niche concern to an urgent topic of international diplomacy.
- Categories
- Environment, Finance, Technology
- Region
- Global
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Equity, AfricaNenda and Gates Foundation Partner to Advance Digital Public Infrastructure Across Africa
The collaboration will combine AfricaNenda’s technical expertise, policy expertise, and ecosystem leadership with Equity Group’s extensive regional footprint, digital payments capabilities, and implementation experience to accelerate the adoption of Digital Public Infrastructure across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South Africa Fintech Bridgement Raises $20 Million as Banks Back AI-Powered Business Lending
The RMB and Standard Bank funding enables Bridgement to expand its direct lending to SMEs and strengthen its position as a leading online business lender in South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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ADB, HDBank Sign $100 Million Loan to Expand Access to Finance for MSMEs, Women-Owned Businesses in Viet Nam
The financing will support HDBank’s medium- to long-term lending, with at least 40% of ADB’s financing directed to WMSMEs to provide more opportunities for women business owners. Proceeds will be on-lent to eligible MSMEs in line with HDBank’s sustainable finance framework, expanding support for underserved segments.
- Categories
- Finance
- Region
- South Asia
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Airtel Africa Reduces Diesel Dependence
According to the World Broadband Association, the sector accounts for about 2% of global carbon emissions, while operators also have opportunities to reduce emissions through more efficient networks and lower-carbon energy sources.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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