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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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British International Investment Supports Nmb Bank Zimbabwe to Boost Agricultural Exports and Support Sustainable Farming
Addressing the financing gap is key in supporting the growth of the agricultural sector which employs approximately 65 per cent of Zimbabwe’s population.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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BranchX Becomes India’s First Neobank to Launch ONDC Loans for Financial Inclusion
This initiative marks a significant step towards financial inclusion for India’s 1.4 billion people.
- Categories
- Finance
- Region
- Asia Pacific
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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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