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Nigeria Secures $1 Billion to Boost Indigenous Medicine Production
The Federal Government of Nigeria has announced the acquisition of over $1 billion in funding to support the local production of indigenous medicines in the country.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Analysis: What ESG Investors Need to Know about ‘Systems-Level Investing’
ESG can measure risks to cash flows, but ‘systems-level investing’ offers a more complete view of where corporations might be vulnerable over the long term.
- Categories
- Investing
- Region
- Global
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AECF Launches €12.5 Million Sudan SME Catalyser Amidst Conflict
The Africa Enterprise Challenge Fund (AECF) has launched a new initiative aimed at bolstering Small and Medium Enterprises (SMEs) in Sudan in the wake of conflict that has curtailed economic activities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, MSMEs, supply chains
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Goodwell Invests in OmniRetail, Fuelling Better Opportunities for Informal Retailers
The firm is proud to be the first to commit, underscoring its desire to support the growth of companies driving financial inclusion in underserved communities.
- Categories
- Investing
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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Cancellation of UN Climate Weeks Removes Platform for Worst-Hit Communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices.
- Categories
- Environment, Investing
- Region
- Global
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Press Release: Viewpoint: Income Inequality High or Rising in 60 Percent of Countries With Loans From IMF and World Bank
Income inequality is high or increasing in 60 percent of low- and middle-income countries receiving grants or loans from the International Monetary Fund (IMF) and World Bank.
- Categories
- Investing
- Region
- Global
- Tags
- global development, SDGs
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World Bank Loans Ethiopia $1.72 Billion for Power, Water Supply Expansion
The bank will allocate $523 million to expand the Horn of Africa nation’s electricity network and boost renewable energy generation, according to the ministry’s statement.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, water
