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Press Release: IncoFin Reaches Final Close of its India Progress Fund
Investors entrusted USD 77 million of capital to the fund to continue investing in financial inclusion and the agri-food value chain in the Indian rural economy.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
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Trade Finance Platform Marco Gets $200 Million Line of Credit, Focuses on Latin America – US
Trade finance platform Marco says it has raised $200 million in a line of credit from MidCap Financial and Castlelake.
- Categories
- Finance
- Region
- Latin America
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Press Release: Universal Energy Facility Provides Grants to Solar Projects Across Nigeria, Helping SMEs While Saving Thousands of Tons of Carbon Emissions per Year
These companies will now begin construction on their proposed solar projects, all of which are designed to connect businesses and services to a clean, affordable, and reliable electricity source.
- Region
- Sub-Saharan Africa
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Indian SaaS Fintech Mintoak Bags $20 Million in Series A Funding
Mintoak will also focus on strengthening its presence in India and expanding into new markets across the Middle East, Africa and Southeast Asia.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs
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M-Pesa Eyes the Global Remittances Trillion-Dollar Market
The Kenyan fintech behemoth is ramping up an ambitious expansion drive to woo markets in the global North.
- Categories
- Finance
- Region
- Global
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Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business
The large investment round will help the startup target an under-served domestic market.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Analysis: Can Africa’s Remittances Be Put to Long-Term Work?
How can African governments harness remittances to support infrastructural development and other long-term projects?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa