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South Africa’s Largest Independent Payment Provider Adumo Raises $15 Million From IFC
Adumo, South Africa’s largest independent payment provider has raised US$15 million in preferred shares from IFC to fund the growth of the company.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Rise Fund to Invest $200 Million in Airtel Africa Mobile Money Business
The Transaction is the latest step in the Group's pursuit of strategic asset monetization and investment opportunities, and it is the aim of Airtel Africa to explore the potential listing of the mobile money business within four years.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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USAID, DFC Announce $41 Million Financing for Renewable Energy in India
The United States Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) have announced a USD 41 million-loan guarantee program to finance investment in renewable energy solutions by Indian SMEs.
- Region
- Asia Pacific
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Press Release: One in Five Children Globally Does Not Have Enough Water to Meet Their Everyday Needs – Unicef
Globally, more than 1.42 billion people, including 450 million children, live in areas of high, or extremely high, water vulnerability, according to a new analysis released by UNICEF. This means that 1 in 5 children worldwide does not have enough water to meet their everyday needs.
- Categories
- WASH
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Analysis: How Nigerian Banks Empower Women Through Corporate Social Responsibility
The benefits of corporate social responsibility practices for businesses include enhanced reputation, legitimacy and customer loyalty. But these practices are not just marketing to make businesses look good. They are also a way to develop markets and sustain business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: Unite Us Announces It Has Raised $150 Million to Scale Nationwide Social Care Infrastructure
Unite Us, an enterprise technology company providing the digital infrastructure to power the integrated health and social care ecosystem, today announced that it has raised $150 million in a Series C financing led by ICONIQ Growth. The investment follows a record performance in 2020 for Unite Us that saw it expand into 42 states, including 16 new statewide networks, driving cross-sector coordination and improved health in community-based settings.
- Categories
- Health Care, Investing, Social Enterprise
- Tags
- impact investing, scale
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Farmer Connect Announced a $9 Million Series A Funding led by ITOCHU
Agritech company Farmer Connect, best known for its coffee blockchain traceability solution, has announced a $9m Series A funding led by ITOCHU, to help create sustainable food supply chains.
- Categories
- Agriculture, Technology
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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, MSMEs
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