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Press Release: Convergence Awards Design Grant for a Remittance-Based Financing Vehicle to Improve Household Infrastructure and Resiliency for Pacific Island Communities
"As the world faces a severe climate crisis, we need to accelerate solutions that will equip countries most exposed to its shocks with the right tools and infrastructure."
- Region
- Asia Pacific
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Analysis: Funds Are Emerging to Back African Female Tech Founders
Globally, less than 5% of venture capital went to female-led startups in 2019.
- Categories
- Technology
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Financing a ‘Green’ Economic Reboot, Recovery From Pandemic
Washington-based International Finance Corp. (IFC) of the World Bank Group has introduced financing support for Philippine banks that will lend to climate adaptation and mitigation projects amid a push for “green” recovery from the COVID-19 pandemic to generate trillions of dollars in fresh investments.
- Categories
- Coronavirus, Environment
- Region
- South Asia
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Kenyan Energy Startup, SunCulture Obtains $11 Million for Its Solar-Powered Irrigation Expansion Across Africa
SunCulture, a solar irrigation startup headquartered in Nairobi, Kenya, has received an $11 million line of credit to expand its operations across sub-Saharan Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Maya, a Startup Focused on Accessible Healthcare in Asia, Raises $2.2 Million Seed for Regional Expansion
Maya is dedicated to making it easier for women to get healthcare, especially for sensitive issues like reproductive and mental health.
- Categories
- Education, Health Care
- Region
- Asia Pacific
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Analysis: EU-Africa Partnership Must Reflect ‘Realities of African Agriculture’
Future agrifood partnerships between the EU and Africa take into account the realities of farming in Africa, especially in the context of a drive for a greener transition, agrifood stakeholders have warned.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Analysis: Myanmar’s Coup Will Be ‘Painful’ for Already Struggling Economy, Analysts Warn
Myanmar's economy could take a significant hit following this week's military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled — potentially putting billions of dollars' worth of business investments at risk for the Southeast Asian country.
- Categories
- Investing
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Togo: Microfinance Institutions Slow Down on Lending as Overdue Loans Spike Amid COVID-19 Pandemic
Amid the Covid-19 pandemic, microfinance institutions active in Togo considerably lowered loans to the public in the nine first months of 2020.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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