-
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
-
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
-
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
-
Colombian Neobank Lulo Secures $200 Million to Further Democratize Banking
With an accelerated growth in Colombia, the neobank seeks to expand its operation in Latin America.
- Region
- Latin America
-
Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
IFC Announces $40 Million Agreement with Banco Internacional to Support First Private Sector Blue Bond in Ecuador and Latin America
The International Finance Corporation (IFC), a member of the World Bank Group, announced that it has reached an agreement to subscribe up to $40 million in blue bonds.
- Region
- Latin America
-
Kiva Refugee Investment Fund Lending $1.5 Million to FINCA Guatemala to Support Returning Migrants
The goal is to expand lending to “Guatemalan migrants returning to their home country and locally based entrepreneurs.”
- Region
- Latin America
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