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Press Release: British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
British Climate Partners will target highest emitting developing economies with over £1 billion in climate finance.
- Categories
- Environment, Finance
- Region
- Global
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Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
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Latin America’s Digital Bank Plata Secures $405 Million in Series C Funding, Reaching $5B Valuation
Previously focused on credit cards, the platform has now introduced deposit accounts and debit cards, delivering comprehensive digital banking solutions to Mexican consumers for the first time.
- Categories
- Finance, Technology
- Region
- Latin America
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The Modern Data Company and Bajaj Tech.AI Partner to Deliver Data and AI Solutions Across US and India Financial Services
Through this collaboration, Bajaj Tech.AI will integrate DataOS into its financial services transformation programs, enabling clients to accelerate data platform modernization and reduce time to value while operationalizing AI use cases at scale.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Madica Expands Portfolio with $600K Investment in Three African Startups
Launched in 2022, Madica is a sector-agnostic investment program designed to address structural gaps in Africa's startup ecosystem.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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TLG Capital Zambia Closes $5 Million SME Lending Facility
TLG Capital structured the scaling facility for Shona Capital Zambia. The deal targets businesses too large for microfinance but too small for traditional banks. This segment faces a $2 billion financing gap across Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance, MSMEs, scale
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British International Investment Partners With Rawbank to Enhance Financial Inclusion for Small Businesses in DRC
BII’s $25 million senior loan facility will improve access to finance for SMEs and non-mining corporates in DRC.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency
By securing this banking license, Flutterwave gains greater control over how funds move within its ecosystem, including the ability to hold deposits and manage financial flows across its platform.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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