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Italy Contributes Eur 5.5 Million to African Development Bank Group’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
The African Development Bank founded the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund in 2017, to promote innovation and entrepreneurship as well as to create durable and sustainable jobs for youth on the continent.
- Region
- Sub-Saharan Africa
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Invest International Invests $10.8 Million in uMunthu II Fund to Support African SMEs
The venture capital fund will use the money to expand its portfolio to approximately 30 to 35 companies across Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs
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Press Release: IFC Launches $2 Billion Five-Year Global Bond to Unlock Private Investment in Emerging Markets
IFC's US dollar global benchmark bond will support private businesses in developing countries.
- Categories
- Investing
- Region
- Global
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Press Release: African and Global Institutional Investors Sign On to New $500 Million Infrastructure Fund
The fund will catalyse further investment flows to the development of critical infrastructure across the African continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, scale
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Leapfrog Plans $500 Million Investment in Asian, African Climate Transition Firms
LeapFrog said in a statement that the money would target investments to accelerate the transition to a low-carbon economy.
- Categories
- Environment, Investing
- Region
- Global
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Press Release: IFC Partners with Thai Credit Retail Bank to Help Boost Access to Finance for Small Businesses, Women Entrepreneurs in Thailand
Proceeds from the loan will be used to support MSMEs in Thailand, with at least 50 percent earmarked for women-owned or led MSMEs (WMSMEs).
- Categories
- Investing
- Region
- South Asia
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BlueOrchard Raises $50 Million in Climate Adaptation Fund’s Second Closing
The fund aims to mobilise private sector capital to support climate change adaptation and build resilience in emerging markets.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
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Kenya’s MyDawa Raises $20 Million to Grow Digital Health in Africa
The startup has raised $20 million from private equity investor Alta Semper Capital to expand its regional reach and product offerings to become an all-in-one health platform.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
