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SIDBI and Shell Foundation Launch US $3.1 Million Initiative to Expand Access to Green Finance for Nano-Entrepreneurs
Backed by a $3.1 million grant from Shell Foundation, the EN-Trans RSF provides a second-loss risk coverage to Participating Financial Institutions (PFIs), including SIDBI as a lender, for loans extended to low-income communities.
- Categories
- Investing
- Region
- Asia Pacific
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IFC, EIB Group and European Commission Back Biovac to Build Africa’s First End-To-End Multi-Vaccine Manufacturing Site, Advancing Vaccine Self-Reliance
The financing package includes a $20 million senior loan from IFC with additional mobilization in progress and a €75 million quasi-equity investment from EIB Group.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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FinDev Canada Provides USD $30 Million Loan to CIFI to Support Inclusive Economic Growth in Latin America and the Caribbean
The loan will enable CIFI to expand access to financing for private sector infrastructure projects in Official Development Assistance eligible countries across Latin America and the Caribbean.
- Region
- Latin America
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TLG Capital Zambia Closes $5 Million SME Lending Facility
TLG Capital structured the scaling facility for Shona Capital Zambia. The deal targets businesses too large for microfinance but too small for traditional banks. This segment faces a $2 billion financing gap across Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance, MSMEs, scale
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British International Investment Partners With Rawbank to Enhance Financial Inclusion for Small Businesses in DRC
BII’s $25 million senior loan facility will improve access to finance for SMEs and non-mining corporates in DRC.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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World Bank Approves $500 Million to Boost Nigeria’s Agriculture, Target One Million Farmers
The project is designed to improve farm productivity, strengthen value chains, and create jobs, while helping to stabilise food supply in Africa’s most populous nation.
- Region
- Sub-Saharan Africa
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Press Release: World Bank Group Approves Financing to Boost Credit Access for Micro, Small and Medium Enterprises and Job Creation in El Salvador
The project will facilitate complementary private capital mobilization, building on the support that the International Finance Corporation, the World Bank Group's private sector arm, drives in the areas of financial inclusion and productive expansion for formal job creation.
- Categories
- Finance
- Region
- Latin America
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Kenya’s 4G Capital Secures $2 Million Funding to Expand Financial Inclusion Across East Africa
Founded in 2013, 4G Capital blends human customer service with advanced digital technology to deliver small working capital loans and customised business training to micro enterprises that are excluded from the formal financial system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, innovation, lending, MSMEs, scale, startups
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