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Press Release: World Bank Group Approves Financing to Boost Credit Access for Micro, Small and Medium Enterprises and Job Creation in El Salvador
The project will facilitate complementary private capital mobilization, building on the support that the International Finance Corporation, the World Bank Group's private sector arm, drives in the areas of financial inclusion and productive expansion for formal job creation.
- Categories
- Finance
- Region
- Latin America
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Novastar Ventures Closes $147 Million Fund for African Startups
The fund will invest across stages, typically entering at pre-Series A through Series B, where companies have achieved early product-market fit but still carry significant risk.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Oikocredit and GCPF Invest USD $10 Million in Sawa Energy to Support Expansion of Commercial and Industrial Solar Projects in Africa
The facility will enable Sawa Energy to scale the rollout of distributed solar and battery systems for commercial and industrial clients, supporting businesses seeking reliable and cost-effective alternatives to grid electricity and diesel generation.
- Region
- Sub-Saharan Africa
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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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BII and Deutsche Bank Launch $150 Million Trade Finance Initiative to Unlock Capital in Africa’s Frontier Markets
The initiative is designed to increase the flow of trade finance into some of Africa’s most underserved and higher-risk markets, where access to capital remains limited.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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FMO Supports CiGaba to Unlock Domestic Capital for Young and Growing Businesses in West Africa
CiGaba is a pioneering fund of funds designed to mobilize domestic institutional capital into private equity and private debt investments targeting young and growing businesses in Ghana and selected West African markets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Adenia Hits $180 Million Hard Cap at First Close for Entrepreneurial Fund, Announces First Investment
The successful first close underscores the continued appetite among global investors for disciplined, impact-oriented strategies in Africa. It also highlights the emerging theme of consolidation and institutionalization within the African private equity landscape.
- Categories
- Investing
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World Bank Approves $35 Million for Djibouti as Water Crisis Deepens Across Horn of Africa
Djibouti has secured fresh World Bank funding to tackle one of the most severe water shortages in the Horn of Africa, as climate pressures deepen across the region.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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