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Press Release: DFC Announces New U.S. Financing for Africa’s Lobito Corridor
DCEO Biswal celebrated DFC’s longstanding partnership with the Africa Finance Corporation (AFC), which is spearheading Phase II of the Lobito Corridor.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Africa Must Take Charge of its Own Development Agenda: Here’s How Impact Investors Can Support It
Economies across Africa are facing serious headwinds — but according to Shiluba Mawela at Tshiamo Impact Partners, the continent still offers significant opportunities for impact investors. However, she argues that investment capital will not solve the region's development challenges without better coordination between African governments, private sector players and local communities. She highlights some emerging signs of this cross-sector collaboration, explaining how it can foster a thriving impact investing ecosystem that truly advances Africa's development.
- Categories
- Investing
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African Development Bank Sells Hybrid Note in Development Finance First
The African Development Bank (AfDB) has sold its long-awaited hybrid capital note.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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How African Startups Raised Funding in 2023
With equity funding becoming rare, several startups found it hard to survive, leading them to either cut down their teams or scale down operations and, in some cases, close shop.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: As Digital Credit Surges, New Research Shows Need for Greater Consumer Protection
A report from leading anti-poverty research organizations provides new insights into the relationship between the digitization of credit and economic development in an era of overlapping crises.
- Categories
- Finance, Technology
- Region
- Global
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Job Growth is More than Digital Job Growth: Why Both Online and Offline Enterprises Deserve Investor Support
The appeal of the tech-driven economy can be hard for investors to resist. But Liliosa Mbirimi at the Leila Janah Foundation argues that focusing exclusively on the digital realm can exclude many offline entrepreneurs that are making major contributions to job creation in emerging markets. She discusses the need for investors to support both digital and non-digital entrepreneurs, and shares learnings from the Foundation's efforts to provide this support in Kenya and Uganda.
- Categories
- Investing, Technology
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Press Release: DFC Approves 17 Transactions Totaling More Than $3.3 Billion in Q1 of FY2024
The U.S. International Development Finance Corporation (DFC) approved 17 new transactions in the first quarter of FY2024 at the board and sub-board levels.
- Categories
- Investing
- Region
- Global
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World Bank Helps Gabon Finance Digital Transformation Project with $68.5 Million Loan
The project aims at create an environment conducive to accelerating digital transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa