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The African Development Bank, First City Monument Bank Sign $50 Million Agreement to Enhance Access to Finance for SMEs in Nigeria
FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Digital Transformation Growth in Latin America Underpins Equinix US$45 Million Investment in Its Second Data Center in Colombia
A new data center in Colombia addresses the growing need for interconnection and enables companies to advance their digital transformation.
- Categories
- Environment, Investing, Technology
- Region
- Latin America
- Tags
- data
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Analysis: Remittance Flows Into Africa Are Fostering Entrepreneurship
Wealthy private investors and a tech-savvy middle class in Africa are helping to bridge early-and-growth stage funding gaps for startups.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- innovation, remittances
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Mozambique Receives $2.5 Million Grant from African Development Bank to Develop Renewable Energy Resources
The African Development Bank (AfDB) has approved a grant of $2.5 million to the Mozambican government to develop renewable energy resources.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: USDA and USAID Announce the Global Food Security Research Strategy to Fight Hunger and Build Sustainable Systems
The new strategy builds on an exceptional record of achievement from past U.S. investments across agriculture and food systems research.
- Categories
- Agriculture
- Region
- Global
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Corporates Can Bring Value to the Sanitation Ecosystem by Partnering With SMEs in India
As the sanitation economy is expected to grow significantly in India, the ecosystem requires more support, participation, and investments from corporations.
- Categories
- WASH
- Region
- Asia Pacific
- Tags
- corporations, global development, MSMEs, NGOs, sanitation, SDGs
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Sociolla Raises Over $60 Million From Temasek, L Catterton in Indonesia
Sociolla, an Indonesia-based beauty startup, has received over US$60 million in an investment round led by Temasek and L Catterton.
- Categories
- Investing
- Region
- South Asia
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With $900 Million In Funding, Hong Kong Fintech Unicorn WeLab Bets Big On Indonesia
As more startups explore Indonesia’s fintech potential, WeLab’s cofounder and CEO Simon Loong believes digital banking can be a win-win game.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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