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Press Release: IFC Partners with Orange Bank Africa to Increase Digital Lending for Small Businesses in West Africa
According to the World Bank Group's MSME finance gap report, 63 percent of MSMEs in Senegal and 57 percent in Côte d'Ivoire experience constraints when accessing a loan or line of credit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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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
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Beleaguered Fintech ZestMoney Secures Funding From Existing Investors To Keep Afloat
ZestMoney has reportedly raised $5-7 million from a group of investors, including existing backer Quona Capital.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, startups, venture capital
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African Development Bank and USAID Agree to $500 Million Deal to Tackle Energy Poverty and Climate Change in Sub-Saharan Africa
African Development Bank and USAID extend and expand their partnership through the Regional Development Objectives Agreement (RDOAG) to tackle energy poverty and climate change in sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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Press Release: IFC Invests in ENGIE’s Decarbonization Program in Chile
This financing will help the company transition to renewable power generation with the installation of Battery Energy Storage Systems (BESS).
- Categories
- Energy, Technology
- Region
- Latin America
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U.S. Launches $7 Billion Program to Bring Solar to Low-Income Households
The Environmental Protection Agency on Wednesday launched a $7 billion competitive grant program that aims to give low-income communities access to residential solar panels.
- Categories
- Energy, Technology
- Region
- North America
- Tags
- renewable energy, solar
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Press Release: Distribution Network Infrastructure Drives Down Capex And Boosts IRR For Mini-Grids, CrossBoundary Mini-Grid Innovation Lab Finds
Analysis of data from 2020 to 2023 shows that the adoption of grid densification positively impacts grid economics, customer acquisition, and grid utilization.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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