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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
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Google’s Africa Investment Fund Makes First Investment in Uganda’s SafeBoda
Internet giant Google announced that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Development Bank Approves USD $170 Million for Investment in Nigeria’s Digital, Creative Start-Ups
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of US$170 million to finance a digital and creative enterprises program in Nigeria.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Press Release: Nowports Raises $60 Million to Revolutionize Latin America’s Supply Chain
Tiger Global leads this Series B. World-renowned investors such as SoftBank Latin America Fund and DST join the round.
- Categories
- Technology
- Region
- Latin America
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Medical Credit Fund Raises USD 36.6 Million to Support Health Entrepreneurs in Sub-Saharan Africa
This financing round will expand the Fund’s presence and support to healthcare providers in sub-Saharan Africa, with a focus on primary healthcare services, including malaria prevention and treatment as well as maternal and childcare.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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African Climate Startups Invited to Apply for Adaptation SME Accelerator Project
Run by Village Capital and The Lightsmith Group, ASAP will accelerate 16 SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia.
- Categories
- Energy, Environment
- Region
- Global
- Tags
- accelerators, climate change, scale, startups
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