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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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Press Release: Latin American Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a credit facility and funding round.
- Categories
- Finance, Technology
- Region
- Latin America
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African B2B E-Commerce Startup Sabi Tops $300 Million Valuation in New Funding
Sabi is providing digital commerce infrastructure to Africa’s informal economy.
- Categories
- Finance, Technology
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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia
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Tyme Raises $77.8 Million to Fuel Global Expansion
Tyme, a global digital bank and the parent of South Africa's TymeBank has secured $77.8 million from Norrsken22 and Blue Earth Capital.
- Region
- Sub-Saharan Africa
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Blockchain-Based Lending Startup Jia Raises $4.3 Million for Expansion
Jia intends to use the newly acquired cash to further develop its operations in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, lending, MSMEs
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Analysis: Waking South Africa’s Economy Up Requires the Government and Businesses to Work Together
The economy, a sleeping giant on the African continent, can only achieve a faster and more inclusive trajectory of growth if the country rebuilds its public capital stock and dynamizes its businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa