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HSBC, World Bank’s IFC Launch $1 Billion Trade Finance Programme for Emerging Markets
Demand for trade finance far outpaces supply, especially in emerging markets, with the global trade finance gap last estimated at $2.5tn, according to a report from the Asian Development Bank.
- Categories
- Finance
- Region
- Global
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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Africa: M-Pesa Expands Payment Services to China Through Strategic Partnership with Thunes
Expected to launch in the coming months, this innovation addresses the challenges faced by travelers navigating China’s cashless economy.
- Categories
- Finance, Technology
- Region
- Global
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CreditAccess Grameen Raises 25 Million Euros From German Investment Corporation DEG
Blended finance tools like co-financing bring together development finance and private sector investments, helping to mobilise funds for sustainable development.
- Categories
- Finance
- Region
- Asia Pacific
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KPay Secures $55 Million in Series A Raise to Boost SME Support in Asia
The new funds will be strategically utilized to further penetrate KPay’s existing markets, particularly targeting SME merchants.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, innovation, MSMEs
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OPay Partners with AfriGOpay to Boost Digital Payments in Nigeria
AfriGO, Nigeria’s National Domestic Card Scheme aims to deepen financial inclusivity, by utilising innovative products, a customer-focused approach, and cutting-edge technology.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Teraco to Build JB7, a Vast New Data Centre for AI Workloads in South Africa
The new syndicated loan facility has been arranged through Absa — long a financial backer of Teraco — and other financial institutions, with the money to be used to finance JB7 and other construction projects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- artificial intelligence, data, scale
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Viewpoint: Gender Equality Cannot Be Last on the Agenda at COP29 Climate Talks
Women can be powerful agents of climate action if included in decision-making processes and given access to the right resources.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global