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ResponsAbility Commits USD $21.5 Million to CDB to Scale Green Lending in Sri Lanka
The transaction strengthens responsAbility’s footprint in South Asia and the Sri Lankan market, supporting CDB in expanding SME lending, advancing gender-focused financing, and scaling investments in energy efficiency and renewable energy.
- Categories
- Investing
- Region
- South Asia
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Designing Finance for the Realities of Youth: Applications are Open for the Newly Renamed Luxembourg Award for Inclusive Finance
Over 1.3 billion people in emerging economies are between 18 and 35, and the median age in some developing countries is in the teens or low twenties. As Sam Mendelson at e-MFP and Tim Nourse at Making Cents argue, young people represent the economic center of gravity in the Global South, yet financial systems were not designed to serve their shifting needs. They explore opportunities to unlock youth-inclusive finance — the theme of this year's Luxembourg Award for Inclusive Finance (formerly known as the European Microfinance Award).
- Categories
- Finance
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CreditAccess Grameen Bolsters its Microfinance Impact with USD $75 Million Social Loan
This move enhances CA Grameen's presence in international markets, with the company raising over USD 300 million in commitments globally this fiscal year.
- Categories
- Investing
- Region
- Asia Pacific
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Silverflow Secures $40 Million to Grow Global Payments Platform
The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.
- Categories
- Technology
- Region
- Global
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Analysis: Innovation Under Constraint in the Global South
For the impact economy, the central challenge is not replication but responsibility. If scale reshapes power, then impact-aligned capital must take responsibility for how that power is structured and where value ultimately accrues.
- Categories
- Social Enterprise
- Region
- Global
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Proparco Grants Wema Bank a First €5 Million Guarantee to Finance Impact-Driven MSMEs in Nigeria
Proparco is granting a NGN 9 billion ARIZ portfolio guarantee (equivalent to €5 million) to Wema Bank in Nigeria. This marks the first collaboration between the two institutions.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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