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African Development Bank Secures $11 Billion in Historic Fund
The African Development Bank’s concessional financing arm mobilised a record $11 billion from 43 Partners in its 17th (ADF-17), an amount the multilateral lender said signals confidence in the continent’s development prospects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: South Asian SMEs Face Digital Turning Point as AI Adoption Accelerates
While artificial intelligence (AI) has already begun reshaping large corporations in the region, most SMEs remain trapped in traditional, low-efficiency business models that limit scalability and financial resilience.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: Orange Money Group and Visa Announce a Strategic Partnership to Accelerate Online Payments in Africa
This partnership marks a new milestone in the shared ambition of the two companies: to provide millions of users with a simple, secure, and internationally recognized payment solution.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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British International Investment Achieves Over £300 Million in Green Energy Commitments Across South-East Asia
British International Investment (BII), the UK’s development finance institution (DFI) announced it has committed £308 million in climate finance across South-East Asia during its current strategy period, advancing its ambition to invest up to £500 million by 2026.
- Categories
- Environment, Finance
- Region
- South Asia
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Analysis: A Defining Moment for African Economic Transformation
For the first time, the world’s largest economies gathered on the continent to examine the unfair cost of capital, the inefficiencies that block domestic investment, and the reforms needed to support Africa’s trajectory toward a more prosperous, equitable future.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Zazu Raises $1 Million Pre-Seed Round to Reinvent SME Banking Across Africa
With more than 50 SMEs already in beta and over 1,000 businesses on its waitlist, Zazu aims to serve Africa’s 50 million underserved SMEs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs, startups
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Mastercard Unveils SME Card With Built-in Cybersecurity Solutions to Help Small and Medium Businesses Thrive in the Digital Economy
The innovative features, including my cyber risk and identity theft protection, help protect SMEs from growing cyber threats while supporting their digital transformation.
- Categories
- Finance, Technology
- Region
- Latin America
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BHub Raises $10 Million to Bring AI to Brazil’s Accounting Market
BHub, a Brazilian financial back-office solution for SMEs in Latam, raised a $10M extension round, bringing its total funding to $55M.
- Categories
- Finance, Technology
- Region
- Latin America
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