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Viewpoint: Beyond Grants and Impact Investments, There’s a Growing Interest in Africa
As at 2014, the UNDP estimated that at least $8 billion had come into Africa via impact investment. Yet, there’s still a huge gap of $100 billion annually needed to support Africa’s much needed growth.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale
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South Africa’s Planet42 Raises $10 Million in Debt Round to Scale Internationally
The South Africa-based Planet42, a car subscription company that helps individuals ignored by banks to get access to a personal vehicle, has announced a US$10 million debt funding round to help it scale its operations and move into new markets.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Panda Partners With Lion’s Head Global Partners
Solar Panda Corporation, a company selling PAYGo solar home systems in Kenya, has secured a loan from FEI-OGEF, the African Development Bank’s flagship Off-Grid Energy Access Fund managed by Lion’s Head Global Partners. OGEF becomes a new syndicate lender, augmenting an existing $15 million framework deal with Lendable.
- Categories
- Energy
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The Development Bank of Rwanda Spearheads Economic Inclusion Among Refugees
The Development Bank of Rwanda (BRD) has secured $9 million (over Rwf8.5 billion) from the World Bank to finance entrepreneurial projects initiated by refugees in Rwanda.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: Sokowatch Launches East Africa’s First Commercial Electric Tuk-Tuks
E-commerce platform leads EV revolution to combat emissions and noise pollution in Kampala.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Why B2B Fintechs Are Descending on Latin America
Although the COVID-19 pandemic is accelerating technology adoption across all industries in Latin America, the financial services sector is experiencing some of the fastest progress. The Fintech sector has been particularly resilient during the crisis over the past year, and its growth may even match or exceed the previous year’s record-setting funding.
- Categories
- Finance, Technology
- Region
- Latin America
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UN: COVID-19 to Worsen Poverty in 47 Poorest Nations
The pandemic could push as many as 32 million people in the world's least developed countries into extreme poverty, a new UN report has said. Without international action, global development goals will be missed.
- Categories
- Coronavirus
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Press Release: DFC Announces Direct Equity Request for Applications
DFC seeks applications to invest in early, growth-stage companies committed to developmental impact
- Categories
- Investing
- Region
- Sub-Saharan Africa
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