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Bazaar, Pakistan-Based B2B E-commerce Marketplace Raises $6.5 Million in One of Region’s Largest Seed Rounds Building the Organization’s Long-Term Business Growth.
Bazaar, a Pakistan-based B2B ecommerce startup that had launched just eight months ago to digitize traditional retail in Pakistan, has raised $6.5 million in one of the region’s largest seed rounds.
- Categories
- Investing
- Region
- Asia Pacific
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Press Release: DFC Announces $1 Billion W-GDP 2X Asia Initiative
U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler today announced W-GDP 2X Asia, a commitment to mobilize $1 billion of investment to advance women’s economic empowerment in Asia. Through the initiative, DFC aims to mobilize capital and incentivize action from the private sector to achieve scalable and sustainable impact for economically empowering women in the region. The announcement was made during a virtual event featuring keynote remarks by Boehler and a fireside chat with female entrepreneurs.
- Categories
- Investing
- Region
- Asia Pacific
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Press Release: TriLinc Global Sustainable Income Fund Secures Funding of $25 Million From BlueOrchard Impact Investment Managers
TriLinc Global Sustainable Income Fund (“TGSIF”) announced today a new funding of $25 million from Luxembourg-based BlueOrchard Impact Investment Managers (“BlueOrchard”) to provide financing to middle market companies operating in Emerging Markets around the world. The financing will provide additional capital which TGSIF will invest in SME’s (small and medium sized enterprises) in developing economies globally including various sectors like agriculture, manufacturing, infrastructure and more. “We believe this financing from BlueOrchard significantly helps support our mission to harness the power of capital markets in solving global challenges facing our society,” commented Gloria Nelund, CEO and founder of TriLinc Global, LLC.
- Categories
- Investing
- Tags
- ESG, impact investing
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Development Bank of the Philippines Lends $13.4 Million to Agriculture Startup Project
State-run Development Bank of the Philippines (DBP) has lent P645 million to a domestic agriculture enterprise to help improve its banana flour and coconut sugar manufacturing and export capabilities.
- Categories
- Agriculture, Investing
- Region
- South Asia
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- fintech, regulations, startups
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Press Release: Education Cannot Wait Approves US $33.3 Million for Burkina Faso, Mali and Niger in the Central Sahel
In response to escalating crises in the Central Sahel, these new programmes will reach 300,000 children and youth impacted by displacement, conflict and COVID-19
- Region
- Sub-Saharan Africa
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Mekong Capital Annouces US $246 Million Investment Fund in Vietnam
The fund will focus on retail, education, restaurants, consumer services, FMCG, and health care.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
- Tags
- impact investing
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Press Release: Grameen America Launches Impact Investing Fund to Support Minority Women Small Business Owners Impacted by the Pandemic
Over the course of the fund's five-year life, $17.5 million will be redeployed in nearly $200 million of cumulative loans to women entrepreneurs.
- Categories
- Coronavirus, Investing
- Region
- Sub-Saharan Africa
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