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Analysis: Microcredit Lenders in Bangladesh Hit Hard by COVID-19
Suffering from low demand for loans and the inability of many borrowers to pay instalments, the microcredit sector has been hit hard by Covid-19.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030
Research by Enhancing Financial Innovation & Access finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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UK Financial Platform Tide Commits $134 Million Investment and More Than 1,000 Jobs in India
Tide that it is entering India as its first international market early next year, and it plans to create 1,000 jobs.
- Categories
- Finance
- Region
- Asia Pacific
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Arise Launches a Call for Tenders for the Construction of a Solar Power Park in Togo
Arise Integrated Industrial Platforms has just launched a call for tenders for the construction of a 390 MWp photovoltaic solar park in Togo.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Flipkart Valued at $37.6 Billion in New $3.6 Billion Fundraise
Flipkart said it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Egypt’s Yodawy Raises $7.5 Million Series B for Its Digital Pharmacy Marketplace
Cairo-based healthtech Yodawy has raised $7.5 million in a Series B round led by Middle East Venture Partners, Global Ventures, and Algebra Ventures.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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MarketForce Secures $2 Million Pre-series A Round, Plans to Launch in Nigeria and Scale Up RejaReja in East Africa
MarketForce aims to digitize offline transactions and transform how informal retail merchants buy and sell.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC Supports CHO for Ecological Production of Olive Oil in Tunisia
The International Finance Corporation has approved a loan of $22 million dollars in favor of the CHO Group.
- Categories
- Agriculture
- Region
- North Africa & Near East
- Tags
- climate change
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