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Press Release: African Development Bank’s SEFA Approves $5 Million in Grants to Set up Super Energy Service Companies in Three Countries
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance grant of $5.03 million.
- Region
- Sub-Saharan Africa
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Prosper Africa, Partners to Invest US $274 Million in Affordable Housing Across West Africa
The U.S. investment in Africa’s emerging markets allows West Africans greater access to homeownership.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Monnai Secures $6.5 Million Series A Funding Led by Tiger Global
By providing fintechs and financial institutions with an innovative, modern global infrastructure, Monnai empowers its clients to more efficiently and accurately leverage data to make decisions throughout the lifecycle of their customers.
- Categories
- Finance, Technology
- Region
- Global
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Proparco Makes $15 Million Debt Investment In Indian Microlender
Svatantra provides micro loans to rural women entrepreneurs who run small businesses.
- Categories
- Finance
- Region
- Asia Pacific
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Do Formal Savings Accounts Lead to Better Results for Low-Income Users?: Lessons from Two Customer-Centric Research Studies in Africa
The Savings Learning Lab was a six-year initiative that supported learning among Mastercard Foundation’s savings-focused financial inclusion programs across Africa. Program partners Savings at the Frontier and Scale2Save employed two different research approaches to better understand the impact of formal savings accounts on the lives of low-income people. Jenny Morgan at FinEquity discusses these approaches and the insights they generated, which went beyond access and usage to reveal the nuances of clients' savings preferences and behaviors.
- Categories
- Finance
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ANT Gets Asia’s Biggest ESG-Linked Loan in US $6.5 Billion Deal
ANT Group converted a syndicated credit facility into a US$6.5 billion sustainability-linked loan last year, the largest of its kind in Asia-Pacific.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- ESG, fintech, governance, lending
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Western Union, MFS Africa to Enable Money Transfers Across Africa
To enable individuals and businesses across Africa to receive money from over 200 countries and territories, the continent’s largest payment gateway, MFS Africa, has partnered with Western Union.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Report: India’s Woman Entrepreneurs Are More Likely to Get Loans Than Men
The number of women seeking business loans has tripled in the past five years.
- Categories
- Finance
- Region
- Asia Pacific
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