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African Development Bank Secures $350 Million Loan Deal from Japan International Cooperation Agency to Boost its Support for Private Sector Operations in Africa
The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Social Finance: We Can’t Change Education Outcomes if We Don’t Innovate
Facing a global learning crisis, how an innovative development impact bond focussed on improving learning outcomes for students.
- Categories
- Education, Technology
- Region
- Global
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Unilever Seals $2 Million Partnership Agreement on Plastic Waste Collection
Expressing concerns over the increasing plastic waste, Unilever Nigeria and Bridges Outcomes Partnerships have entered a partnership to help social enterprise Wecyclers.
- Categories
- Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems
As of 2020, the annual SDG financing gap for developing countries stood at $4.2 trillion — up from $2.5 trillion pre-pandemic. And according to Chris Clubb at Convergence Blended Finance, though private capital is crucial to closing this gap, the $240 billion in annual public development finance only mobilizes around $44 billion in private investment, which covers just 1% of these countries' climate and SDG investment needs. He explores the core elements of Convergence's Action Plan for Climate and SDG Investment Mobilization, which shows how a small amount of public and philanthropic funding can catalyze private investment to more than double total climate and SDG financing in developing economies.
- Categories
- Environment, Investing
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Press Release: ENGIE Partners With CarbonClear to Finance the Access to Energy Challenge in Africa Through the Voluntary Carbon Market
A landmark partnership was signed today to foster the sustainable development and access to energy financing in Africa through the Voluntary Carbon Markets.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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BII Injects €20 Million Into Meridiam’s Urban Climate Resilience Fund By Benoit-Ivan Wansi in Africa
The UK's development finance institution, is injecting €20 million into the Urban Resilience Fund (Turf).
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Apply for Amazon Web Services Fintech Africa Accelerator 2023
Amazon Web Services (AWS) has begun accepting applications for its first AWS Fintech Africa Accelerator.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
