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Chad: €7.6 Million From the GEF for Drinking Water Supply and Sanitation
The Chadian government has announced additional funding of 5 billion CFA francs for the implementation of the Drinking Water Supply and Sanitation Project in semi-urban and rural areas.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Partech Africa II Reaches First Close at Whopping $262 Million
The fund will provide $1 million to $15 million initial tickets from seed to growth to support entrepreneurs who use a combination of technology and operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Quality Education in Africa: EU Launches €100 Million Regional Teachers’ Initiative
Commissioner for International Partnerships Jutta Urpilainen launched a Regional Teachers' Initiative for Africa, a €100 million investment from the EU budget in empowering the world's fastest-growing youth population through quality education.
- Region
- Sub-Saharan Africa
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Press Release: DFC CEO Travels to Kyiv in Show of Unwavering Support and Makes Several Announcements to Catalyze $1 Billion in Private Sector Engagement
This week, U.S. International Development Finance Corporation (DFC) Chief Executive Officer Scott Nathan traveled to Ukraine to deepen engagement with the local business community and meet with government ministers.
- Categories
- Investing
- Region
- Europe & Eurasia
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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Health Care, Investing
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Why International DFIs Are Looking To African Startups to Scale Impact Investing Efforts
British International Investment (BII), a DFI from the UK, told TechCrunch recently that it will deploy $500 million into startups by the end of 2026.
- Categories
- Investing
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Just Useful… Or Truly Catalytic? How Entrepreneurs Really View Catalytic Capital — And What Impact Investors Can Do About It
Much of the attention in the impact finance sector tends to go to the stewards of capital — investors, foundations and other funders — most of whom firmly believe that catalytic capital is the type of finance that entrepreneurs value most. But as Bjoern Struewer at Roots of Impact and Jed Emerson at Tiedemann point out, it's unclear if investors' assumptions about the value of catalytic capital align with entrepreneurs’ actual opinions about it. They discuss new research that explores what entrepreneurs really value in this type of financing — and how these structures might be improved.
- Categories
- Investing, Social Enterprise
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Press Release: Trade and Development Bank Group Extends USD $100 Million Financing to the Export Trading Group to Support Smallholder Farmers in Africa
In a region where the majority of employment is in agriculture, 285,000 smallholders are expected to benefit from value chain integration.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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