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Nigeria Commits $538 Million to Agro-Industrial Zones, Unveils 10-Year Youth-Led Agricultural Plan
Shettima disclosed that Nigeria has already committed $538.05 million to the first phase of the Special Agro-Industrial Processing Zones programme.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Ummeed Housing Finance Raises $28 Million from BII to Boost Affordable Housing
The Gurugram‑based housing finance company will deploy the capital as mortgage‑backed loans targeted at low‑income and underserved borrowers across India, with a significant focus on enabling women to become homeowners.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Foundations Launch $50 Million Adaptation and Resilience Fund for Communities Facing Climate Risks
This funding fulfills a $50 million commitment made by philanthropies last year in response to the UN Secretary-General’s Call to Action on Extreme Heat.
- Categories
- Environment
- Region
- Global
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Foxmont Secures $30 Million First Close for Fund III, Anchored by Dutch DFI
With Fund 3, Foxmont welcomes two new institutional investors with the first close.
- Categories
- Finance
- Region
- South Asia
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Global DFIs Anchor Oversubscribed $600 Million Axian Telecom Bond
The fund said this latest bond issuance also helps to strengthen Africa’s nascent debt capital markets, etc.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Africa’s Climate Adaption: How Zimbabwe Is Reimagining Agriculture?
Climate change intensifies health risks, water shortages, and ecological threats, affecting livelihoods, wildlife and children.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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AfDB’s Sustainable Energy Fund For Africa to Boost Electric Cooking Expansion
This programme makes clean cooking appliances more affordable and accessible by prefinancing induction cookers and recovering costs through carbon credit sales in the voluntary market.
- Region
- Sub-Saharan Africa
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Tradeable Impact Credits Could Boost Social Funding, Report Says
Trading impact credits based on social outcomes is proving a success in some places and should be scaled up to offset constraints on social funding, according to a new report developed by the Schwab Foundation, South Korean conglomerate SK Group’s Center for Social Value Enhancement Studies(CSES) and Rockefeller Philanthropy Advisors.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa