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Press Release: Tugende Closes USD $6.3 Million Toyota Tsusho-Backed Series A Investment Round
Tugende, a technology-enabled asset finance company operating in Uganda and Kenya, today announced the completion of a USD $6.3M Series A investment round, led by Toyota Tsusho investment fund Mobility 54.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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The Central Bank of Nigeria Launches Framework for Advancing Women’s Financial Inclusion in Nigeria
The CBN in collaboration with EFInA has launched a framework to advance women’s financial inclusion.
- Region
- Sub-Saharan Africa
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The Schwab Foundation for Social Entrepreneurship Announced Social Innovators of the Year 2020
Geneva, 22 September 2020 - The Schwab Foundation for Social Entrepreneurship today announced 23 awardees for social innovation in 2020.
- Categories
- Investing
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Press Release: Pakistan Making Shift To Clean Power Production and Lower Energy Costs With World Bank Support
The World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.
- Categories
- Energy, Environment, Investing
- Region
- North Africa & Near East
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Local Solar Enterprises Are Changing Women’s Lives in Kenya: Why Won’t Investors Support Them?
In Kenya, women are battling climate change by using solar products made by innovative local companies. Yet as Sanjoy Sanyal and Chen Chen at the World Resources Institute and Deborah Mburu at IDEAS TANK point out, these companies remain under-supported by the international investing community. They highlight a few of these women and businesses – and urge investors to get off the sidelines.
- Categories
- Energy, Investing, Social Enterprise
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Samunnati Raises $20 Million Direct Debt From U.S. International Development Finance Corporation
U.S. International Development Finance Corporation (DFC) has committed a $20mn direct loan to Samunnati Financial Intermediation & Services Pvt. Ltd., a non-banking financial company (NBFC) in India to help the company expand financing and technical assistance to low-income farmers and enterprises throughout the agricultural value chain in India.
- Categories
- Agriculture, Finance, Investing
- Region
- Asia Pacific
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Press Release: MetLife To Reduce Emissions by 30 Percent and Originate $20 Billion of New Green Investments by 2030
Over the next 10 years, MetLife, Inc. (NYSE: MET) has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels, originate U.S. $20 billion in new MetLife Investment Management (MIM)–managed green investments1, and allocate U.S. $5 million to develop products and partnerships that drive climate solutions.
- Categories
- Environment, Investing
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Kenya Bankers Association (KBA), Huawei Ink Partnership Agreement To Promote Tech-Driven Financial Inclusion, Fintech Capacity Building
The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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