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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Africa: M-Pesa Expands Payment Services to China Through Strategic Partnership with Thunes
Expected to launch in the coming months, this innovation addresses the challenges faced by travelers navigating China’s cashless economy.
- Categories
- Finance, Technology
- Region
- Global
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CreditAccess Grameen Raises 25 Million Euros From German Investment Corporation DEG
Blended finance tools like co-financing bring together development finance and private sector investments, helping to mobilise funds for sustainable development.
- Categories
- Finance
- Region
- Asia Pacific
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KPay Secures $55 Million in Series A Raise to Boost SME Support in Asia
The new funds will be strategically utilized to further penetrate KPay’s existing markets, particularly targeting SME merchants.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, innovation, MSMEs
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Subsidy and Synergy: How Philanthropy Can Complement Impact Investing More Effectively
The original goal of impact investing was to build out the funding spectrum between philanthropy and commercial investment. But according to Asad Mahmood at SIMA and Nanno Kleiterp, the arrival of private equity firms — promising scale and market-rate financial returns — has pulled all the sector's energy toward the commercial end of the spectrum. They explore the key role philanthropic subsidy has played in the development of emerging markets business, clarify some misconceptions about its role in impact investing, and propose some ways philanthropists and impact investors can better align their efforts.
- Categories
- Energy, Finance, Investing, Social Enterprise
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OPay Partners with AfriGOpay to Boost Digital Payments in Nigeria
AfriGO, Nigeria’s National Domestic Card Scheme aims to deepen financial inclusivity, by utilising innovative products, a customer-focused approach, and cutting-edge technology.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Teraco to Build JB7, a Vast New Data Centre for AI Workloads in South Africa
The new syndicated loan facility has been arranged through Absa — long a financial backer of Teraco — and other financial institutions, with the money to be used to finance JB7 and other construction projects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- artificial intelligence, data, scale
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Viewpoint: Gender Equality Cannot Be Last on the Agenda at COP29 Climate Talks
Women can be powerful agents of climate action if included in decision-making processes and given access to the right resources.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global