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Visa to Invest $1 Billion in Africa to Accelerate Digital Transformation
Visa has pledged to scale operations, deploy new innovative technologies, deepen collaboration with partners and advance innovative and inclusive economies across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kredito Banks $6 Million as the Latin American Business Lender Eyes International Expansion
Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding.
- Categories
- Finance
- Region
- Latin America
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Press Release: IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages in Panama
The loan will promote financing for small and medium enterprises (SMEs) and expand the offer of mortgage loans to the preferential segment in Panama.
- Categories
- Finance
- Region
- Latin America
- Tags
- financial inclusion, housing, MSMEs
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Fewer ‘Heropreneurs,’ More Heroic Women: Grameen Foundation’s New CEO Discusses Her Vision for the Organization – And the Broader Financial Inclusion Sector
When Zubaida Bai was announced as the new CEO of Grameen Foundation last month, she says the news was often met with two reactions: “Wow, is Muhammed Yunus your hero, too?” and “Oh, Grameen Foundation — they do microfinance, right?” As Bai writes, these reactions highlighted some common misunderstandings about Yunus and Grameen Foundation — and about the real heroes behind anti-poverty work. She explores these misconceptions, and shares her vision for Grameen Foundation and the financial inclusion sector.
- Categories
- Finance, Social Enterprise
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FinTech Enabler Ukheshe International Attracts Investment From DPI And Fireball Capital To Fuel International Expansion
Ukheshe was established to drive financial inclusion across Africa and beyond, by creating new ways for businesses to develop and grow their financial services offerings.
- Categories
- Finance, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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African Development Fund Provides Grant of $12 Million to Develop the Financial Market and Drive Financial Inclusion in the Democratic Republic of Congo
The African Development Bank Group has approved a $12 million grant to the Democratic Republic of Congo (DRC).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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FSDH Merchant Bank Announces $35 Million Facility From International Finance Corporation to Boost Growth of Businesses in Nigeria
The credit facility will be used to improve access to finance for medium-scale businesses in the emerging sectors of the Nigerian economy.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Fund Offers $8.9 Billion for Vulnerable African Countries
The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa