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Ugandan Fintech Numida Secures $2.3 Million
Uganda-based fintech startup Numida has secured $2.3-million in a seed funding round led by MFS Africa with participation from DRK Foundation, Equilibria Capital, and Segal Family Foundation alongside angel investors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: The Trade Hub Launches a Virtual DealRoom Connecting Investors to Fast-Growing Impact Businesses
The West Africa Trade & Investment Hub (Trade Hub) has unveiled a Virtual DealRoom giving global investors information and access to the Trade Hub’s growing pipeline of impact business opportunities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces Call For Applications for Distributed Renewable Energy Projects
The agency seeks opportunities to catalyze private sector investment ahead of President Biden’s Leaders Summit on Climate.
- Categories
- Energy, Environment
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Climate-Positive Agriculture: How Investors Can Support Smallholder Farmers – While Also Regenerating the Environment
Global agricultural demand is expected to increase by about 50% from 2013 to 2050, as the world's population is projected to reach nearly 10 billion. Smallholder farmers in Africa and Latin America are well-positioned to meet this growing need – but expanding their current unsustainable farming practices could cause massive climate and environmental consequences. Bianca Samson, Flavia Howard and Kusi Hornberger at Dalberg share how investing in regenerative, climate-smart agriculture can boost food security and benefit smallholders, investors and the environment.
- Categories
- Agriculture, Environment, Investing
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Nigerian Fintech Appzone Raises $10 Million for Expansion and Proprietary Technology
Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Future Returns: Bain Capital Double Impact’s Approach to the Market
Bain Capital Double Impact closed a second impact-investing fund after raising US$800 million last fall, and found the experience to be a bit different than the first time around.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Family Bank Gives $4.6 Million to 17 Counties in Kenya for Farming
Family Bank has entered a partnership with USAID’s Kenya Investment Mechanism, committing to disburse loans worth 500 million shillings.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Avanti Finance Raises $26 Million in Series A and Debt Funding Round Co-Led By Oikocredit and Nomura
The platform will use the funds to strengthen its platform and expand its presence to accelerate livelihood's purpose credit and other financial products to the next 100 million unserved and underserved households in India.
- Categories
- Investing
- Region
- Asia Pacific
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