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IDB Provided Nearly US $20 Billion in Funding in 2021
The Inter-American Development Bank, IDB, said Monday it expects to close this year with US$19.5 billion in new financing for Latin America and the Caribbean, the second highest in its history.
- Categories
- Investing
- Region
- Latin America
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SoftBank Leads $127 Million Funding Round for Brazilian Healthcare Startup Alice
Brazilian healthcare startup Alice has raised $127 million in its series C funding round led by Softbank Latin America Fund, the company said on Tuesday.
- Categories
- Health Care
- Region
- Latin America
- Tags
- impact investing, startups
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Analysis: ‘Last on the Rung’: Africa Deals With Fallout From a ‘Made in the USA’ Supply Chain Crisis
Shipping lines flock to Asia-to-U.S. trade lanes at expense of many developing nations.
- Categories
- Uncategorized
- Region
- Global
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Press Release: Global Community Steps up With $93 Billion Support Package To Boost Resilient Recovery in World’s Poorest Countries
The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future.
- Categories
- Coronavirus, Finance
- Region
- Global
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Danish Investment Fund Invests $34 Million in CleanMax
The Danish Investment Fund for Developing Countries (IFU) is investing $34 million in CleanMax, a renewable energy company in the commercial and industrial segment in Asia.
- Categories
- Energy
- Region
- Asia Pacific
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African Development Bank Pays $24 Million to Increase Investment in West African Development Bank
The AfDB also approved a line of credit to support businesses in the West African Economic and Monetary Union, particularly in job-creating sectors.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Family Bank Commits $53.1 Million to Finance Agribusiness
Family Bank has announced that it will release Ksh. 6 billion to be extended as affordable credit to agribusinesses across 17 counties through the USAID’s Pay for Performance initiative under the Kenya Investment Mechanism program.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: $75 Million Grant to Support Reforms and Mitigate Pandemic Impact in Sierra Leone
The World Bank Board today approved an International Development Association (IDA)* grant of $75 million to improve natural resources governance, enhance inclusiveness and promote sustainability of development financing.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
