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Blockchain-Based Lending Startup Jia Raises $4.3 Million for Expansion
Jia intends to use the newly acquired cash to further develop its operations in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, lending, MSMEs
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Eacop Pipeline: China’s $1.8 Billion Role in Funding Africa’s Oil Transport Infrastructure
Chinese and African banks are anticipated to provide $1.8 billion in funding for the East African Crude Oil Pipeline (Eacop) project.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, lending
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Abu Dhabi Fund for Development Approves a $30 Million Loan for Water Supply in Kiffa, Mauritania
The funding will support the implementation of the Kiffa Water Supply Project in the south of the country.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- lending, rural development, water
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World Bank Lines up $300 Million Soft Loan for Kenya Power
The World Bank will provide a $300 million interest-free loan to Kenya Power to help the utility pay debts, revamp its ageing transmission network and expand the national grid.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- lending, renewable energy
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Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
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African Development Bank Secures $350 Million Loan Deal from Japan International Cooperation Agency to Boost its Support for Private Sector Operations in Africa
The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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‘We Should Be Worried’: Finance Leaders Warn Rising Interest Rates Are Squeezing Low-Income Countries
Public debt burdens in developing countries have been exacerbated in recent years by back-to-back global crises.
- Categories
- Investing
- Region
- Global
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AMK of Cambodia Borrowing $7.5 Million for Green Microfinance via Bond Issue From British Based BII, and Swiss Based Symbiotics
Cambodia’s AMK Microfinance Institution is to fund its ongoing lending for electric two- and three-wheeled vehicles as well as new products.
- Region
- South Asia
- Tags
- e-mobility, impact bonds, lending, microfinance, MSMEs, renewable energy, solar, waste
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