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China Targets ‘Green Infrastructure’ Deals in $50 Billion Pledge to Africa
The FOCAC summit has seen Beijing unveil a series of major partnerships with African countries in areas including supply chains for key minerals required to develop green technologies including electric vehicles.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghanaian Fintech Fido Closes $30 Million in Series B Funding Round
Fido is exploring mobile technology and different data sources to provide quick micro-loans to individuals and SMEs who can’t access traditional bank credits.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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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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