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Housing Finance Company Altum Credo Raises $12 Million in Funding in India
The housing finance company, Altum Credo, announced it has raised $12 million, in fresh equity funding led by growth fund Amicus Capital.
- Region
- Asia Pacific
- Tags
- housing, impact investing
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Analysis: Expanding Access to Trade Finance Is Necessary for SMEs in Africa
When it comes to enhancing access to trade finance for African small and medium-sized enterprises (SMEs), current challenges call for innovative solutions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Gardner Capital and Kiva Partner to Accelerate Minority-Led Small Business Access to Finance in Texas
Gardner Capital is partnering with Kiva through Gardner Capital's GCRE Upward Mobility Fund to accelerate minority-led small business access to finance in Texas.
- Categories
- Finance
- Region
- North America
- Tags
- renewable energy
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Global Investment Money Is Flooding Into Africa’s Fintechs
Fintech startups drew more than 60 percent of all venture funding that flowed into Africa last quarter.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Next Financial Inclusion Revolution: The Transformative Potential of Scaling Small Group Savings in the World’s Poorest Communities
Despite $52 billion invested in financial inclusion in 2019 alone, nearly 2 billion people – many of them among the world’s poorest – still lack access to formal finance. As Jeffrey Ashe at Grassroots Finance Action points out, these communities often turn to informal savings and credit groups to meet their financial needs – but there are many who are too poor and marginalized to be invited to be part of these groups. He explores a proposal that aims to expand access to informal savings groups to reach these financially excluded individuals around the world.
- Categories
- Finance
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International Finance Corporation , Absa Partner To Boost Trade Finance in Sub-Saharan Africa
The International Finance Corporation (IFC) has welcomed South African financial services provider Absa Bank to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Malawi $1 Billion Energy Deal To Boost Economy
Malawi is open for business: The East African country is pursuing various investment and trade deals to help boost their economy and in line with this have signed a $1 billion deal with Egyptian multinational electrical company, Elsewedy Electric.
- Region
- Sub-Saharan Africa
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Aplazo Takes in $27 Million To Increase Adoption of ‘Buy Now, Pay Later’ in Mexico
Four months after securing a $5.25 million seed round, Mexican buy now, pay later startup Aplazo is back with an even bigger round to expand adoption of the payment plan approach across that country.
- Categories
- Finance, Technology
- Region
- Latin America
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