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Development Bank Accused of Lending Millions to Companies Allegedly Linked to Forced Labor in Xinjiang
New research suggests the IFC, which operates under the World Bank Group, has been providing hundreds of millions of dollars in loans to companies that may be relying on forced labor from Uyghur and other ethnic minority groups in China's western Xinjiang region.
- Categories
- Investing
- Region
- Asia Pacific
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Press Release: DFC and USADF Launch New Initiative to Help Accelerate Small Businesses in Africa
The ASBC seeks to support SMEs in four countries – Ivory Coast, Nigeria, Senegal and Uganda – focused in key sectors including agriculture and food security, education, healthcare, and water, sanitation, and hygiene (WASH).
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
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Analysis: Fixing the S in ESG
Is the planet really more important than the people? According to CNBC, most money managers who use ESG factors in their investment analysis have focused on the E, or climate change, as their leading criteria for their decisions. But what about the S, or social dimension of corporate impact?
- Categories
- Investing
- Region
- Global
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Tanzania, Uganda, and South Africa Are the Top African Markets for Remittance Inflows in Kenya
Diaspora remittances decreased by 3.4 percent, as Kenyans working and living abroad sent home $338.7 million (Sh38.3 billion) in January 2022 compared to a monthly record high of $350.6 million (Sh39.6 billion) in December.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Joint SDG Fund Doubles Its Portfolio to $114 Million in Catalytic Impact Investments
The UN Joint SDG Fund announced a historic expansion of its portfolio to five new markets across the globe with US $54.5 million in additional investments to rescue the Sustainable Development Goals.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Investcorp Leads $55 Million Investment in NDR Warehousing
Bahrain-based Investcorp, a global investment manager specializing in alternative investments, said it has led a USD $55 million investment in NDR Warehousing.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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