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Annapurna Finance Mobilizes $30 Million in Equity From Nuveen Global Impact
"Nuveen’s expertise and funding will help us meet our expansion plans and we look forward to working with them to develop our climate initiatives,” Annapurna managing director Gobinda Chandra Pattnaik said.
- Categories
- Environment, Finance, Investing
- Region
- Asia Pacific
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New Alliance Between Itaú and Rappi Will Bring Greater Financial Inclusion to Chile
This agreement aims to revolutionize the local financial market with simple, innovative and unique digital products, allowing an increasing number of individuals to access new financial solutions in an agile and digital way.
- Categories
- Finance
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Press Release: Grameen Credit Agricole Foundation Grants a $3 Million Euros Loan to Pahal in Favour of Financial Inclusion in India
The microfinance sector has become a key instrument to fight financial exclusion in the country by providing financial and non-financial services to people excluded from the banking system.
- Categories
- Finance
- Region
- Asia Pacific
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Analysis: Rwanda Bridges Gender Gap in Financial Inclusion by 10%
Although there are still a number of challenges that continue to drag women behind men in terms of financial inclusion, the number of women who are banked have greatly improved, rising from 24 percent in 2016 to 34 percent in 2021.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Afriex Raises $1.2 Million Seed to Scale Its Payments and Remittances Platform Across Africa
Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kuda Raises $25 Million More Led by Valar to Become the Neobank for ‘Every African on the Planet’
Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Boosting Financial Inclusion With Airtel Mobile Money
The recent investment of $200 million in Airtel Africa’s mobile money business by The Rise Fund will further enhance financial inclusion in Nigeria, since the country is one of the 14 African countries, where Airtel Africa currently operates, writes Emma Okonji.
- Region
- Sub-Saharan Africa
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Press Release: Missio Invest Secures $20 Million Anchor Investment from U.S. International Development Finance Corporation
Loan Facility to Support Initiatives Addressing Food Security, Financial Inclusion, and Health and Education Outreach in Sub-Saharan Africa
- Categories
- Investing
- Region
- Sub-Saharan Africa
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