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African Development Bank to Unlock $10 Billion for African Farmers With New $500 Million Facility
"The facility, designed to close the financing gap for smallholder farmers, will deploy innovative financial instruments. . . "
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, scale, smallholder farmers
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Ethiopia Introduces New Tax to Fill Gap After USAID Funding Pause
Ethiopia with its over 125 million people had been the biggest beneficiary of U.S. aid in sub-Saharan Africa, receiving $1.8 billion in the 2023 financial year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Zulum Approves N1 Billion Grant to Boost MSMEs in Nigeria
Speaking at the grant disbursement ceremony in Biu, Governor Zulum reaffirmed his administration’s commitment to empowering small businesses and fostering youth entrepreneurship.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, MSMEs, poverty alleviation, youth
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Mirova Announces Financing for Clean Cooking Company Koko
The Mirova Gigaton Fund will enable KOKO to scale up a new type of residential energy utility across Kenya and Rwanda.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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Flutterwave Secures Approval to Offer Remittance Services in Ghana
Nigeria-based fintech gains Bank of Ghana approval to enhance cross-border payments and financial inclusion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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EU Flags Stronger Partnership With South Africa With €4.7 Billion Investment
European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian Artists Generated Over N58 Billion in Royalties From Spotify in 2024
Spotify reveals that the number of Nigerian artists earning at least N10 million in royalties from the platform has more than doubled since 2023 and tripled compared to 2022 figures.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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IFC And ALCB Back West Africa’s First Gender Bond To Boost Women Entrepreneurs
The bond aims to address Côte d’Ivoire's significant credit gap for female entrepreneurs by channelling much-needed capital to nearly 1,200 women-owned small and medium-sized enterprises (WMSMEs).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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