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Acumen’s ARAF Fund Raises $90 Million to Take Its Climate-Resilience Playbook to North Africa
ARAF aims to deliver direct impact to at least an additional 4m farmers with the fresh capital, managed by Acumen Capital Partners, a wholly owned subsidiary.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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Rize Raises $31 Million to Tackle Climate Impact of Rice Farming
Rice is the largest crop market in the world, with an annual market size of more than $300 billion, but it also accounts for approximately 12% of global methane emissions, a climate footprint comparable to that of the entire aviation industry.
- Categories
- Agriculture, Environment, Investing, Technology
- Region
- South Asia
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Analysis: Your Next Nurse May Monitor You From the Philippines
The country has grown into a “clinical process outsourcing powerhouse … [and] a premier global hub for supporting overstressed international healthcare systems,” JL Botor, president of HIMAP, told Rest of World.
- Categories
- Health Care, Technology
- Region
- Global
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Social Finance First: Standard Bank Pioneers $29 Million Helios Towers Facility
Standard Bank has launched its first social documentary credit facility, providing Helios Towers with a $29m trade finance solution structured under the Loan Market Association's social loan principles.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Rockefeller Brothers Fund Names Ian H. Solomon President and CEO
Ian Solomon is currently the dean of the Frank Batten School of Leadership and Public Policy at the University of Virginia.
- Categories
- Uncategorized
- Region
- Global
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Kenyan Startups Fuzu and Kyosk Secure Funding from Jobtech Alliance
Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa steered by Mercy Corps and BFA Global, aims to create an enabling environment for entrepreneurs to build platforms that deliver quality livelihoods, are inclusive, and enable users to engage in decent work.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MIGA, Deutsche Bank Partner to Increase Trade Finance in Frontier and Emerging Markets with EUR 1 Billion Guarantee Platform
The platform is not only seeking to expand access to trade finance but also has targets to direct a meaningful share of the trade finance volume enabled by MIGA's participation toward priority areas, including International Development Association (IDA) countries and Fragile and Conflict-affected Situations (FCS), small and medium enterprises (SMEs), agriculture, health, and water.
- Categories
- Finance
- Region
- Global
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