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Nigeria’s Federal Government Targets One Million MSMEs, 50,000 Jobs With Renewable Energy Programme
". . . the minister said the programme would deploy renewable energy solutions to one million businesses, reduce production costs for MSMEs, expand financial inclusion and promote inclusive economic growth."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghana Launches National Union for Informal Waste Workers
According to GAYO, the union will provide a unified platform for informal waste workers to engage government, municipalities, industries and development partners.
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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IFC Supports Expansion of Financing for Kenya’s Small Businesses through the First Catalytic First Loss Guarantee Transactions in Africa
The CFLG is an innovative program delivered under IFC's $4 billion MSME Platform, enabling IFC to provide first-loss coverage to partner financial institutions by leveraging blended finance through the International Development Association's Private Sector Window (IDA PSW).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: World Bank Group Support to Help Philippines Expand Resilient Water and Sanitation Services for Water Security and Jobs
The project is expected to generate 8,700 jobs within five years of completion, rising to around 46,500 jobs over a 25-year period.
- Region
- Sub-Saharan Africa
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KCB Bank Kenya and European Bank for Reconstruction & Development (EBRD) Sign US$100 Million Facility to Expand SME Financing
Under the framework, 35 per cent of the facility will be directed towards women and youth-led enterprises, while 30 per cent will finance eligible green investments, enabling businesses to adopt climate-smart technologies and sustainable business practices.
- Categories
- Agriculture, Environment, Finance, Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Korean Firm Kia Will Invest $649 Million in Mexico to Begin Production of Electric Vehicles in the Country
Economy Secretary Marcelo Ebrard said, “In a time of such uncertainty regarding the automotive industry, tariffs, new rules, etc., etc., the fact that this decision is being made means that this company, which is one of the most important in the world, is experiencing productivity in Mexico and is seeing opportunities and investment in the country, . . . ”
- Categories
- Energy, Transportation
- Region
- Latin America
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ADB and Partners Power Timor-Leste’s Energy Future with Landmark Investment in Solar and Battery Storage
The landmark investment—which is also Timor-Leste’s first independent power producer project —will be operated by Manatuto Renewables Power and will help to transform the country’s energy landscape by reducing reliance on imported diesel.
- Region
- South Asia
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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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