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Press Release: DFC Announces $42 Million Guaranty to the Dominican Republic’s Banreservas, Plans to Open New Regional Office in Santo Domingo in October
The new loan portfolio guaranty to the Dominican Republic’s largest bank will increase small business lending with a particular focus on underrepresented entrepreneurs.
- Categories
- Finance
- Region
- Latin America
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HealthCRED Raises USD 1.2 Million in Seed Funding in India
HealthCRED provides comprehensive, and adaptable financing solutions tailored for the healthcare sector.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
Stori launched its first credit card in 2020, aimed at consumers overlooked by traditional lenders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round in South Africa
OAE’s technology offers a solution by connecting electricity generated from distributed renewable sources with unmet demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Egypt’s Cartona Raises $8.1 Million Even as Investors Pull back From B2B E-commerce in Africa
A common criticism had been that asset-light models would find it difficult to retain customers and compete against asset-heavy B2B e-commerce platforms.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Economic Crisis Is Fueling a Stunt Philanthropy Boom
Several Nigerian content creators are mimicking American superstar YouTuber MrBeast by publishing charitable deeds as content online.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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World Bank Commits $100 Million to Zambia’s Digital Transformation Initiative
A Project Implementation Unit will be set up within the Smart Zambia Institute to manage the project.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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KWAP Commits $4.5 Billion to ESG Transition Assets for Sustainable Future in Malaysia
The Retirement Fund Inc (KWAP) has pledged $4.5 billion to increase its focus on transition assets, reinforcing its commitment to sustainable investment.
- Categories
- Investing
- Region
- South Asia
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