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ADF Supports Digital Financial Inclusion for African Women With $6.95 Million
The Africa Digital Financial Inclusion Facility (ADFI), supported by the French Development Agency (AFD) and hosted by the African Development Bank (AfDB) has committed to financing digital financial inclusion in Africa with six grants totalling $ 6.95 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Burkina Faso to Get New Large-Scale Renewable Energy Plant
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today, 15th March.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Press Release: DFC Announces Support for Manufacturing of Vaccines During Quad Summit
U.S. International Development Finance Corporation (DFC) today announced it will work with Indian manufacturer Biological E Ltd. to finance increased capacity to support Biological E’s effort to produce at least 1 billion doses of COVID-19 vaccines by the end of 2022 with Stringent Regulatory Authorization (SRA) and/or World Health Organization (WHO) Emergency Use Listing, including Johnson & Johnson vaccines.
- Categories
- Coronavirus
- Region
- Asia Pacific
- Tags
- gender lens, vaccines
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Fund Worth $25-Million Launches for Early-Stage African Tech Startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Facebook to Provide Grants to Four Women-Led NGOs
Facebook will provide grants to four early-stage women-led NGOs through Facebook Pragati that will focus on boosting women entrepreneurship through the adoption of digital skills and tools.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- NGOs, startups, women entrepreneurs
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Svasti Microfinance Raises $4.2 Million
Svasti Microfinance Private Limited (Svasti), an RBI Licensed MFI, has raised a total of INR 310 million from its existing investors Adar Poonawalla, Nordic Microfinance Initiative (NMI) and Rajiv Dadlani Group.
- Categories
- Finance
- Region
- Asia Pacific
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India Is Turning to ‘Green Hydrogen’ in a Bid to Decarbonize Its Economy
India’s newfound focus on “green hydrogen” has received a boost, with a new collaboration between two firms aiming to install production facilities in the state of Tamil Nadu.
- Categories
- Energy, Environment
- Region
- Asia Pacific
- Tags
- renewable energy
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Press Release: DFC Approves New Investments to Advance Sustainable Economic Development, Respond to COVID-19, and Advance Gender Equity
The U.S. International Development Finance Corporation (DFC) Board of Directors at its quarterly meeting approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other sub-Board investments totaling nearly $350 million since its last quarterly Board meeting in December, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy and strengthen gender equity around the world.
- Categories
- Investing
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