-
Italy Contributes Eur 5.5 Million to African Development Bank Group’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
The African Development Bank founded the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund in 2017, to promote innovation and entrepreneurship as well as to create durable and sustainable jobs for youth on the continent.
- Region
- Sub-Saharan Africa
-
Invest International Invests $10.8 Million in uMunthu II Fund to Support African SMEs
The venture capital fund will use the money to expand its portfolio to approximately 30 to 35 companies across Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs
-
Press Release: African and Global Institutional Investors Sign On to New $500 Million Infrastructure Fund
The fund will catalyse further investment flows to the development of critical infrastructure across the African continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, scale
-
World Population Day: Populations in Africa Surge
According to Amare the growth in population on the continent should be seen as a benefit and not a burden.
- Categories
- Environment
- Region
- Sub-Saharan Africa
-
African Development Bank to Make US $11 Million Equity Investment in BluePeak Private Capital Fund
The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- manufacturing, MSMEs
-
DRC Energy Firm Nuru Obtains US $40 Million in Latest Round of Funding
Nuru anticipates it will receive an additional US$28 million in project finance by the end of the month.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Press Release: IFC Partners with Orange Bank Africa to Increase Digital Lending for Small Businesses in West Africa
According to the World Bank Group's MSME finance gap report, 63 percent of MSMEs in Senegal and 57 percent in Côte d'Ivoire experience constraints when accessing a loan or line of credit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Kenya’s MyDawa Raises $20 Million to Grow Digital Health in Africa
The startup has raised $20 million from private equity investor Alta Semper Capital to expand its regional reach and product offerings to become an all-in-one health platform.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.