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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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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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Press Release: Asian Development Bank, KfW Partner To Boost COVID-19 Response and Financial Inclusion in Indonesia
The Asian Development Bank (ADB) and KfW, the German state-owned development bank, today signed agreements for €450 million (about $525 million) in cofinancing to improve Indonesia’s coronavirus disease (COVID-19) pandemic response and enhance financial inclusion in the country.
- Categories
- Coronavirus, Finance, Investing
- Region
- South Asia
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