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IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification in Nigeria
The investment in Lagos Free Zone also reflects IFC’s commitment to sustainable development, with a focus on green infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: As USAID Is Crushed, There Are Prospects—But Major Limits—For Private-Sector Action
"Still, attracting private capital may now be an essential lifeline for many organizations looking to keep the lights on and their critical work humming. The context is complex."
- Categories
- Environment, Health Care
- Region
- Global
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Safaricom Ethiopia’s M-PESA Revenue Dips Despite 245% Jump in Registrations
Safaricom launched M-PESA in Ethiopia in August 2023 with Kenya extending its M-PESA Global service to the country to facilitate cross-border money transfers.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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African Investors Are Plowing More Funds Into Climate Tech
About a third of the investment into African startups went to those driving climate tech solutions in each of the last two years, according to Africa: The Big Deal’s data.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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USAID Watchdog Warns of Lack of Oversight of $8.2 Billion in Unspent Aid After Trump Moves
USAID has lost almost all ability to track $8.2 billion in unspent humanitarian aid over the Trump administration’s foreign funding freeze and idling of staff, a government watchdog warned Monday.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, WASH
- Region
- Global
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Judge Blocks Trump Administration From Placing 2,200 USAID Employees on Leave
Nichols said his temporary restraining order blocking both the administrative leaves and the expedited evacuations would remain in place until Feb. 14 at midnight.
- Region
- Global
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MacroCycle Closes $6.5 Million Financing Round
The company is developing “upcycled” PET and polyester resins and plans to use the funding to grow its operations and scale its pilot plant facilities.
- Categories
- WASH
- Region
- Global
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IDB Invest and BBVA Peru Announce the First International Private Issue of a Social Bond to Support Women Entrepreneurs
The deal seeks to expand financing for women-owned micro and small enterprises in Peru.
- Categories
- Finance
- Region
- Latin America
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