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Zulum Approves N1 Billion Grant to Boost MSMEs in Nigeria
Speaking at the grant disbursement ceremony in Biu, Governor Zulum reaffirmed his administration’s commitment to empowering small businesses and fostering youth entrepreneurship.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, MSMEs, poverty alleviation, youth
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The Emergence of Tokenisation in Microfinance: How this Blockchain-Based Technology is Driving Faster Access to Capital for Entrepreneurs In Emerging Markets
Tokenisation — the process of leveraging blockchain to create digital tokens that represent real-world assets — is gaining significant momentum, with some estimating that it could become a $3.8 trillion market by 2030. According to Michele Mattioda at Mikro Kapital, the microfinance industry — and the small and medium enterprises it supports — have a lot to gain from the tokenisation wave. He explores how tokenisation is gradually making inroads into the sector, and discusses Mikro Kapital's experience launching the market’s first tokenised bonds to raise proceeds for microfinance institutions.
- Categories
- Finance, Investing, Technology
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EU Flags Stronger Partnership With South Africa With €4.7 Billion Investment
European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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IFC And ALCB Back West Africa’s First Gender Bond To Boost Women Entrepreneurs
The bond aims to address Côte d’Ivoire's significant credit gap for female entrepreneurs by channelling much-needed capital to nearly 1,200 women-owned small and medium-sized enterprises (WMSMEs).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Indian FemiSafe Raises $360,000 in Seed Funding to Expand Women’s Wellness Line
The capital will fund FemiSafe’s product development, supply chain improvements, and market expansion.
- Categories
- Investing
- Region
- Europe & Eurasia
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Press Release: Aligned Climate Capital Closes Second Venture Fund at $85 Million to Scale Clean Energy Companies
Aligned Climate Fund LP 2 (ACF2) closed with the support of the Ford Foundation, The Rockefeller Foundation, and several institutional investors.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Standard Chartered Issues Inaugural €1 Billion Social Bond
Standard Chartered has issued its first-ever social bond. The €1bn instrument is aimed at supporting sustainable development of low-income countries across its portfolio of emerging markets.
- Categories
- Investing
- Region
- Global
- Tags
- food security, impact bonds, infrastructure, MSMEs, SDGs
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Egyptian Femtech Platform Motherbeing Secures $200,000 Investment from Madica’s African Startup Fund
The platform features an AI health assistant offering bilingual expert-approved answers to health questions.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East