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CreditAccess Grameen Raises $35 Million ESG Loan From US International Development Finance Corp in India
The direct loan, CreditAccess said, is one of the first of its kind for DFC to a non-banking financial company microfinance institution (NBFC-MFI) in India.
- Categories
- Finance
- Region
- Asia Pacific
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The African Development Bank, First City Monument Bank Sign $50 Million Agreement to Enhance Access to Finance for SMEs in Nigeria
FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: IFC and Spain Renew Partnership to Boost Private Sector Development in Latin America and Africa
Spain's support will bolster IFC's efforts to help create markets and jobs and fuel economic recovery in the two regions.
- Categories
- Finance, Technology
- Region
- Global
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IFC Invests A $75 Million Convertible Loan in SeABank in Vietnam
IFC's investment is aimed at impulsing SeABanks's development strategies and increasing access to finance for SMEs and women-owned SMEs.
- Region
- South Asia
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Indonesia’s Ayoconnect Raises $13 Million Series B+ Led by SIG Venture Capital
The new funding will enable Ayoconnect to continue building out a leadership team, and to invest in product and technology development.
- Categories
- Finance
- Region
- South Asia
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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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IFC Announces $40 Million Agreement with Banco Internacional to Support First Private Sector Blue Bond in Ecuador and Latin America
The International Finance Corporation (IFC), a member of the World Bank Group, announced that it has reached an agreement to subscribe up to $40 million in blue bonds.
- Region
- Latin America
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