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World Bank Approves $700 Million for Water Supply, Sanitation Programs in Nigeria
The World Bank has approved the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Program (SURWASH).
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Nigerian Healthtech Startup, CribMD, Closes $2.6 Million Seed Round for Product Growth and Team Expansion
Founded in June 2020, Nigerian healthtech startup, CribMD has closed a $2.6 million seed round led by US-based VC, Sputnik ATX; Swedish accelerator, Norrsken; and mass media company, The Guardian Nigeria.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- accelerators, startups
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Asirvad Microfinance Raises $15 Million From WorldBusiness Capital Inc
Asirvad Microfinance, a subsidiary of Manappuram Finance, on Monday said it had raised $15 million (around Rs 110 crore) in a seven-year external commercial borrowing loan from the US-based WorldBusiness Capital Inc (WBC).
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: DFC Advances COVID-19 Response in Africa With $5 Million Investment in Africa Healthcare Network
The direct loan will help Africa Healthcare Network expand dialysis center operations across Sub-Saharan Africa.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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IFC Providing $57 Million for Two Wind Projects in Vietnam
The International Finance Corporation (IFC) announced today it will provide USD 57 million (EUR 46.6m) in financing to the developer of two onshore wind projects in Vietnam.
- Categories
- Energy
- Region
- South Asia
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Yalo Raises $50 Million to Build ‘C-Commerce’ Services for Chat Apps Like WhatsApp
Facebook has long been working on raising WhatsApp’s profile as a channel for businesses to interact with (and sell to) their customers.
- Categories
- Investing, Technology
- Region
- Global
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Analysis: Everyone Is Funding Oxygen. This Is a Problem.
Media attention on COVID-19 deaths due to a lack of oxygen in big cities has skewed donor priorities. This is impacting relief efforts on the ground.
- Categories
- Coronavirus
- Region
- Global
- Tags
- nonprofits
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Nigeria’s Flutterwave Partners Amole to Drive Seamless Remittance and Financial Inclusion in Ethiopia
Nigerian Fintech company, Flutterwave has partnered with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate remittance into Ethiopia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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