-
Report: How Unlock Aid Built a $2+ Million Bridge Fund When Washington Froze Aid
Within one month of the U.S. foreign aid freeze, the Foreign Aid Bridge Fund made its first grant recommendations.
- Categories
- Investing
- Region
- Global
-
Africa to Be Hit Hard as UK Foreign Aid Cuts Revealed
A Foreign Office report and impact assessment show the biggest cuts this year will come in Africa, with less spent on women's health and water sanitation with increased risks, it says, of disease and death.
- Categories
- Finance, Health Care, WASH
- Region
- Sub-Saharan Africa
-
Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
-
IFC Announces $20 Million Equity Investment in Transvolt Mobility
The investment aims to promote electric vehicle adoption and job creation in India.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
-
African Development Bank Approves Financing to Advance Rwanda’s Universal Energy Access
The RBF II program is anchored on Rwanda’s Energy Sector Strategic Plan and aims to improve the quality of life of residents, drive economic growth, and reduce poverty through targeted investments in the energy sector.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
IFC Invests in IIX’s Women’s Livelihood Bond™ 7 to Fund High-Impact Women Enterprises in South and Southeast Asia
The subordinated debt will be invested through the Advancing Gender Equality, Resilience, Opportunity and Inclusion Worldwide (GROW) facility, in partnership with the Government of Canada.
- Categories
- Investing
- Region
- South Asia
-
U.S. Program to Combat HIV/Aids Survives Latest Round of Cuts
Earlier versions of a spending cuts package passed through Congress targeted PEPFAR. But the White House, concerned about defections, agreed to spare the foreign aid program.
- Categories
- Health Care
- Region
- Global
-
Brazil’s Neon Raises $129 Million in Series E Extension Round
Founded in 2016, Neon provides digital accounts, credit cards, personal loans, and investment products to customers in Brazil.
- Categories
- Finance, Technology
- Region
- Latin America
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.