-
Cambodia’s Lenders Suspend Loan Principle, Interest Collection Amid Pandemic
Two associations representing Cambodia’s microfinance institutions (MFIs) and banks issued a joint statement Wednesday agreeing to grant borrowers a reprieve from repayment of loans and interest amid the country’s latest and deadliest outbreak of the coronavirus.
- Categories
- Coronavirus, Finance, Health Care
- Region
- South Asia
- Tags
- microfinance
-
Press Release: Ballmer Group Increases Support for Community Solutions With Nearly $6 Million in Additional Funding.
MacArthur today awarded a $100 million grant to Community Solutions to accelerate an end to homelessness in 75 U.S. communities in five years.
- Categories
- Investing
- Region
- North America
- Tags
- accelerators, housing, public health
-
Press Release: Kiva Capital Management Announces Final Close of Kiva Refugee Investment Fund to Scale Lending to Fragile Communities Globally
Kiva Capital Management, the impact-first fund management subsidiary of non-profit Kiva.org, announced today the successful final close of the Kiva Refugee Investment Fund, LLC, a $32.5 million facility to scale lending to fragile communities globally.
- Categories
- Finance
-
Indian Career Discovery EdTech Firm Banks $3.5 Million in Pre-Series A Money
India-based career discovery platform Uable said it has secured US$3.5 million in pre-series A money in a round led by JAFCO (Japan Associated Finance Co) Asia and Chiratae Ventures.
- Categories
- Education, Investing, Technology
- Region
- Asia Pacific
- Tags
- edtech
-
Analysis: Overcoming COVID-19 Will Require Tackling Inequality
The issue isn’t just that COVID-19’s impact is unequal; it’s that inequalities, especially gender inequality, will hamper an effective recovery.
- Categories
- Coronavirus, Health Care
- Tags
- gender equality, human rights, SDGs
-
Press Release: Singapore-Based Neobanking Startup StashFin Raises $40 Million in Series B Extension Equity Financing Round
Singapore-based neo-banking startup Morus Technologies Pte Ltd 'StashFin' has announced the successful completion of Series B Extension equity financing of USD 40 million from a clutch of global investors.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
- Tags
- fintech, impact investing, startups
-
Solar Giant, Baobab+ Raises $4.7 Million to Strengthen Access to Power in Côte D’Ivoire and Senegal
Baobab+, a solar home systems distributor in West Africa, has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Mastercard to Infuse $100 Million in Airtel Africa’s Mobile Money Business
Airtel Africa on Thursday announced that Mastercard would invest USD 100 million (about ₹733 crore) in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV).
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.