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Brazilian Consumer Credit Startup Open Co Raises $115m in SoftBank-led Round
Open Co, a São Paulo-based consumer credit company, announced today that it has raised $115 million in a round led by SoftBank Latin America Fund.
- Categories
- Finance
- Region
- Latin America
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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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EIB-Supported Gender Lens Investment Fund Alitheia IDF Announces Final Close at $100 Million
Largest gender-inclusive private equity fund in Africa; 2X Flagship fund applying the 2X Challenge criteria; Boosting diversity across Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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AFEX Launches $100 Million Food Security Fund To Boost Smallholder Farmers
Nigeria’s commodity firm, AFEX has launched a new $100 million Fund over a 10-year period to support smallholder farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Medical Credit Fund Raises €32.5 Million To Support Health Entrepreneurs in Nigeria, Others in Sub-Saharan Africa
This round of funding will help the Fund increase its presence and support for healthcare professionals in Sub-Saharan Africa, with an emphasis on primary healthcare services.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Santander to Invest $6 Billion in Digital Transformation in Latin America
Spain’s Santander will invest around $6 billion between 2022 and 2024 to promote digital transformation of its Latin American operations.
- Categories
- Finance, Technology
- Region
- Latin America
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$210 Million For Special Agro-Industrial Processing Zones-Nigeria
A $210 million loan approved by the African Development Bank’s Board of Directors on Monday could impact the lives of millions of people in Africa’s most populous country.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- gender equality
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Bhub Secures $20 Million to Become LatAm Companies’ Back-Office Administrator
BHub announced Tuesday that it took in a new round of capital just three months after receiving $4.4 million in pre-seed investment to offer full back-office SaaS for small and medium businesses in Latin America.
- Categories
- Finance
- Region
- Latin America
