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Zippi, a Brazilian Digital Credit Fintech, Raises Us$15.9 Million to Expand Credit Access for Micro and Small Businesses in Brazil
Securitized through FIDC and supported by Tiger Global, the capital will help double the credit offering to underserved entrepreneurs and SMEs.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- credit scoring, fintech, MSMEs, startups
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P4G Awards $3.8 Million to 14 Climate Startups Driving Green Innovation in Emerging Markets
This funding will help these early-stage businesses grow breakthrough solutions making them investment-ready to accelerate green growth in emerging markets.
- Categories
- Energy, Finance, Technology
- Region
- Global
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Trident Raises $2.6 Million to Support Democratic Republic of the Congo’s Digital ID Rollout
DRC Pass aims to enhance financial inclusion and improve public service delivery.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Bangladesh Bank to Launch Instant Payment Platform with Gates Foundation Support
If successful, the initiative could be a turning point for Bangladesh’s financial sector - reducing costs, improving transparency, etc.
- Categories
- Finance
- Region
- Asia Pacific
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Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US $1 Billion in Investments
In addition to financing, the JPPF also incorporates a robust capacity-building programme aimed at enhancing the project preparation skills of ShafDB staff, etc.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Africa50, AfDB, and AfCFTA to Bridge Infrastructure Gaps and Drive Digital Transformation
The new partnership between the three institutions aims to dramatically increase this figure by addressing the infrastructure gaps that currently constrain trade flows across African borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion has announced the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.