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African Development Bank Takes $10 Million Equity Stake in Kenya’s Dhamana Following Anchor Investment From Private Infrastructure Development Group
Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management.
- Region
- Sub-Saharan Africa
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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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KaiOS, Mastercard Partner to Enable Digital Payments for SMEs
The companies said in a joint statement that KaiOS's affordable smart feature phones will leverage Mastercard's payment technology and global network to drive acceptance and support the growth of the digital economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Applications Open for 100X Impact Accelerator’s 2025/2026 Cohort
100x is looking for highly scalable models, that can be for-profit or non-profit, addressing global challenges in the areas of climate and environment, democracy, education, health, and social cohesion, among others.
- Categories
- Investing, Social Enterprise
- Region
- Global
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Press Release: Al Majmoua from Lebanon, FATEN from the Occupied Palestinian Territories, and RUFI from Uganda announced as Finalists for European Microfinance Award 2024 on Advancing Financial Inclusion for Refugees & Forcibly Displaced People
The winner will be announced at ceremony during European Microfinance Week (EMW 2024) on Thursday November 14, 2024.
- Categories
- Finance
- Region
- Global
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M2P Fintech Secures $102 Million in Series D Funding to Bolster Banking Infrastructure in Emerging Markets
M2P Fintech specializes in providing comprehensive Banking-as-a-service solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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One Village at a Time: A Women-Led Model for Bringing Digital Services and Financial Inclusion to Rural Bangladesh
Women customers constitute a huge market in rural Bangladesh, where many men have migrated to cities or foreign lands in search of work. Garima Singh at FinValue Advisors explores how the Bangladeshi financial services company Zaytoon Business Solutions is expanding access to digital financial and government services in rural communities — while boosting women's empowerment and employment — by extending its agent network to include "village digital booths" staffed by local women.
- Categories
- Finance
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Send App by Flutterwave Extends Remittance Reach to 49 U.S. States With Mainstreet Bank Partnership
Remittances to Africa have doubled over the last decade, reaching an estimated $100 billion in 2022.
- Categories
- Finance, Technology
- Region
- Global