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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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AXIAN Energy Propels Renewable Energy Vision in Africa
The Emerging Africa Infrastructure Fund (EAIF) has committed a senior secured loan facility of US$30 million to AXIAN Energy.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund
The fund is the largest of its type since 2018 and one of the five biggest to date, according to Convergence.
- Categories
- Agriculture, Energy, Finance, Investing
- Region
- Global
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Report: Nigeria Increases Financial Inclusion But Still Far from Goal
Nigeria has struggled for nearly a decade to revive an economy hit by flagging crude revenue and an acute dollar shortage.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: DFC CEO in Dominican Republic Announces $200 Million Loan, Intention to Open New Caribbean Office
The $200 million direct loan to Banco Popular Dominicano will support the institution’s lending to small businesses and women entrepreneurs.
- Categories
- Investing
- Region
- Latin America
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Fintech Startup M-Kopa Expands West Africa’s Operations, Unlocks $10 Million in Digital Credit
The leading fintech platform expands its operations to Ghana, rapidly growing its reach on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, fintech, lending, scale, startups
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COP 28: African Development Bank’s $1 Billion Insurance Facility to Protect Millions of Farmers in Africa
African Development Bank President Dr Akinwumi Adesina said the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) aims to mobilise $1 billion of concessionary financing, high-risk capital and grants to support the African insurance industry.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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Islamic Development Bank Announces $100 Million Loan to Make Pakistan Polio-Free
The new funding complements previous loans and will be used to secure and deliver millions of polio vaccines needed to protect all children across Pakistan.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
- Tags
- lending, public health, SDGs, vaccines
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