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African Development Bank Group Invests $15 Million in SPE PEF III to Support Growth-Stage Businesses in Africa
SPE Capital is an investment fund management company active in Africa, Europe and the Middle East, with more than $600 million deployed, primarily in development capital across healthcare, education, business services and manufacturing.
- Categories
- Education, Health Care, Investing
- Region
- North Africa & Near East
- Tags
- development finance, MSMEs, startups
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Press Release: Mal Closes Record $230 Million Seed Round to Build World’s First AI-Native Islamic Digital Bank
This will be the world's first AI-native Islamic financial platform targeting the world’s 2 billion Muslim population and other underbanked communities.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Press Release: IFC Invests in World’s First Digital Gender Bond by Akbank to Empower Women in Türkiye
$100 million investment will expand access to finance for women-owned businesses and increase home ownership for women in Türkiye.
- Categories
- Investing
- Region
- North Africa & Near East
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UNDP Secures $3.2 Million for Climate and Health Funding in Afghanistan
This funding will help strengthen Afghanistan’s response to the health impacts of climate change, especially among vulnerable communities such as internally displaced persons (IDPs) and returnees, benefiting more than 1.4 million people across 15 provinces.
- Categories
- Environment, Health Care
- Region
- North Africa & Near East
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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Symbiotics Launches $5 Million Gender Sukuk With Kashf Foundation, Pakistan
Kashf Foundation is driven by its mission to deliver high-quality and sustainable microfinance services to low-income families and female micro-entrepreneurs.
- Categories
- Investing
- Region
- North Africa & Near East
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Analysis: A Forest Garden Project Attempts to Expand Into the Sahel
A project in the Sahel and East Africa claims to fight both soil erosion and poverty through regenerative agroforestry.
- Categories
- Agriculture, Environment
- Region
- North Africa & Near East
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Noon and Flyby Partner to Offer Mobile Digital-Out-Of-Home Ads on Last-Mile Delivery Fleet
Flyby’s Smart Delivery Box will be deployed across noon’s fleet — including noon Minutes and noon Food delivery bikes — turning these moving assets into a data-driven advertising platform.
- Categories
- Transportation
- Region
- North Africa & Near East
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