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Press Release: $75 Million Grant to Support Reforms and Mitigate Pandemic Impact in Sierra Leone
The World Bank Board today approved an International Development Association (IDA)* grant of $75 million to improve natural resources governance, enhance inclusiveness and promote sustainability of development financing.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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Google’s Africa Investment Fund Makes First Investment in Uganda’s SafeBoda
Internet giant Google announced that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Development Bank Approves USD $170 Million for Investment in Nigeria’s Digital, Creative Start-Ups
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of US$170 million to finance a digital and creative enterprises program in Nigeria.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Medical Credit Fund Raises USD 36.6 Million to Support Health Entrepreneurs in Sub-Saharan Africa
This financing round will expand the Fund’s presence and support to healthcare providers in sub-Saharan Africa, with a focus on primary healthcare services, including malaria prevention and treatment as well as maternal and childcare.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Dump Diamonds for Digital? Botswana Bets on Tech
Phatsima has also built an organisation that trains thousands of young girls in robotics, coding and entrepreneurship programmes.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Press Release: G7 Development Finance Institutions Create Platform to Boost Investment in Fragile States
New DFI collaboration will support the Build Back Better World (B3W) Initiative designed to boost investment in fragile and conflict-affected states in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian Ed-Tech Startup Edukoya Raises $3.5 Million Pre-Seed Round Led by Target Global
Launched in beta this month, Edukoya connects African students with the digital curriculum content and on-demand teachers for real-time online learning.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- edtech, innovation
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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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