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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Bangladesh Bank to Launch Instant Payment Platform with Gates Foundation Support
If successful, the initiative could be a turning point for Bangladesh’s financial sector - reducing costs, improving transparency, etc.
- Categories
- Finance
- Region
- Asia Pacific
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Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US $1 Billion in Investments
In addition to financing, the JPPF also incorporates a robust capacity-building programme aimed at enhancing the project preparation skills of ShafDB staff, etc.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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A New Green Revolution in Indian Agriculture: How Satellite Remote Sensing is Quietly Transforming the Sector
Satellite remote sensing involves the use of satellite-based sensors to capture data about the earth’s surface. According to Sat Kumar Tomer at Satyukt Analytics, this technology is increasingly being used by Indian farmers and the businesses and organizations that serve them, generating data on vegetation health, soil moisture, irrigation patterns and other key drivers of agricultural productivity. He explores how satellite remote sensing is enabling a data-driven revolution in Indian agriculture, and how the sector can overcome barriers to wider adoption.
- Categories
- Agriculture, Environment, Finance, Technology
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Africa50, AfDB, and AfCFTA to Bridge Infrastructure Gaps and Drive Digital Transformation
The new partnership between the three institutions aims to dramatically increase this figure by addressing the infrastructure gaps that currently constrain trade flows across African borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion has announced the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
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Female-Led First Circle Capital Raises $10.9 Million for Pan-African Fintech Fund
The fund is dedicated to investing in early-stage fintech startups across Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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What You Need to Know About Nature Finance Ahead of COP30
With the U.S. government largely absent from tropical forest diplomacy, a new generation of Global South-led initiatives is filling the gap, and changing the landscape for corporate action.
- Categories
- Finance
- Region
- Global
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