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Friend or Foe to the World’s Poor? Settling the Microfinance Debate
Two stubbornly unresolved debates keep casting doubt on how much benefit microfinance brings to its customers.
- Categories
- Finance
- Region
- Global
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Press Release: Principal® Releases First Sustainable Financing Report Announcing Allocations of $600 Million Sustainability Bond
Proceeds support green and social initiatives in alignment with ESG commitments
- Categories
- Finance
- Region
- Global
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IndusInd Bank to Loan $150 Million From DFC to Support Women Entrepreneurs in India
The private sector lender will use the proceeds to lend to women borrowers in rural communities of Jharkhand, Uttar Pradesh, and Bihar.
- Categories
- Uncategorized
- Region
- Asia Pacific
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The African Development Bank, First City Monument Bank Sign $50 Million Agreement to Enhance Access to Finance for SMEs in Nigeria
FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Indonesian Farming Startup Beleaf Raises $2 Million Seed Funding Led by Alpha JWC Ventures
Beleaf is a smart farming company that aims to use its agricultural expertise and technology to improve the yields and productivity of local farmers and ultimately, improve the livelihoods of farmers across Indonesia.
- Categories
- Agriculture, Investing, Technology
- Region
- South Asia
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IFC Invests A $75 Million Convertible Loan in SeABank in Vietnam
IFC's investment is aimed at impulsing SeABanks's development strategies and increasing access to finance for SMEs and women-owned SMEs.
- Region
- South Asia
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Bloomberg to Set up Regional Studio in Rwanda
Kigali is set to host a permanent studio of Bloomberg in 2023, following the latter's decision to expand its television presence on the African continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Indonesia’s Ayoconnect Raises $13 Million Series B+ Led by SIG Venture Capital
The new funding will enable Ayoconnect to continue building out a leadership team, and to invest in product and technology development.
- Categories
- Finance
- Region
- South Asia
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