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The French Development Agency Grants €12.5 Million to Improve Drinking Water Supply in Banjul, Gambia
The project, which will be launched shortly, aims to improve the supply of drinking water to nearly 900,000 people in the Gambian capital.
- Region
- Sub-Saharan Africa
- Tags
- development finance, water
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Oxfam Novib and Goodwell Target East African Startups With €20 Million Pepea Fund
The fund will provide financing to early-stage startups in Kenya, Uganda, and Ethiopia.
- Categories
- Agriculture, Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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ABC Fund Invests $4.5 Million in African Agri-Businesses
The Agri-Business Capital Fund (“ABC Fund”) has made a significant investment in the agri-tech industry across Africa.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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Filipino Fintech Advance Secures $16 Million in a Pre-series A Funding
With the funding announcement, Advance also announced that it has expanded into Vietnam by acquiring BravoHr.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- employment, fintech, innovation
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Payday Raises $3 Million Seed Funding to Drive Product Expansion
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Faulu Microfinance Bank Targets Farmers with Sh1.5 Billion Loan in Kenya
Rising input prices, climate change and limited market access have left farmers struggling to meet planting expenses.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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How Inclusive Finance Can Address the World’s Most Fundamental Challenge: Food Security, Nutrition and the European Microfinance Award 2023
According to the World Food Programme, the world is facing “a food crisis of unprecedented proportions.” Joana Afonso, Sam Mendelson, Fernando Naranjo Galindo and Daniel Rozas at the European Microfinance Platform (e-MFP) explore the multiple drivers and dimensions of food insecurity, and explain why the financial inclusion sector is uniquely placed to address it. They share how the e-MFP's European Microfinance Award 2023 is promoting innovative solutions to the crisis through its focus on “Inclusive Finance for Food Security & Nutrition.”
- Categories
- Agriculture, Finance, Transportation
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Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs