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Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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BRAC Bank, Syngenta Sign Deal to Finance Farmers
Under this partnership, the bank will provide digital micro-loans to farmers, leveraging its advanced technological capabilities and extensive SME banking network.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The programme will boost the private sector's contribution to the national economy by improving the overall business environment.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces $42 Million Guaranty to the Dominican Republic’s Banreservas, Plans to Open New Regional Office in Santo Domingo in October
The new loan portfolio guaranty to the Dominican Republic’s largest bank will increase small business lending with a particular focus on underrepresented entrepreneurs.
- Categories
- Finance
- Region
- Latin America
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Root Capital Celebrates $2 Billion in Lending Over 25 Years
Over the past 25 years, Root Capital has provided financing to over 800 agricultural businesses too big for microloans but too small for commercial lenders.
- Categories
- Agriculture, Investing
- Region
- Global
- Tags
- lending, nonprofits
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African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria
The loan will help close the financing gap of the Federal Budget in the 2024/25 fiscal year.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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One Acre Fund Secures $1.4 Million Debt Funding to Support Farmers in Africa
One Acre Fund has recently secured a $1.4 million debt fund from Impact Bridge Asset Management to finance and support farmers in Africa.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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African Development Bank Approves $1 Billion Loan to South Africa’s State-Owned Rail and Ports Company
South Africa has the most industrialized economy in Africa, but its deteriorating rail and ports are seen as significant barriers to foreign business investment.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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