NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Beyond Affordability: Behavioural Barriers to Uptake of Inclusive Insurance

". . .e-MFP’s own Sam Mendelson explains the mental models that make insurance such a hard ‘sell’, and what behavioural insights teach us about how to increase access and uptake."

Source

e-MFP (link opens in a new window)

Categories

Finance

Region

Global

Tags

behavioral economics, financial inclusion, insurance, lending, microfinance, poverty alleviation

European DFIs Commit $80 Million to BluePeak’s Pan-African Private Credit Fund

The fund is dedicated to providing growth capital to mid-sized businesses across Africa, prioritizing environmental, social, and governance (ESG) best practices and measurable impact.

Source

Africa Global Funds (link opens in a new window)

Categories

Energy, Environment, Investing

Region

Sub-Saharan Africa

Tags

climate change, decarbonization, development finance, employment, ESG, governance, impact investing, lending, scale, venture capital

BluePeak Private Capital Set to Raise $250 Million for African Private Credit Fund

African businesses are increasingly looking to private credit for funding as banks are tightening their lending due to current global economic conditions.

Source

Alternative Credit Investor (link opens in a new window)

Categories

Finance, Investing

Region

Sub-Saharan Africa

Tags

development finance, financial inclusion, lending

Sun King Secures $80 Million to Expand Off-Grid Solar Access in Nigeria

Sun King is a global leader in off-grid solar energy, operating in over 40 countries with a network of more than 29,500 sales agents and a customer base that has already purchased over 27 million solar products.

Source

Innovation Village (link opens in a new window)

Categories

Energy, Finance

Tags

development finance, lending, partnerships, solar, sustainable finance

Press Release: IFC and Canada Invest in Husk to Catalyze Solar-Powered Economic Growth in Rural Nigeria

The financing will support the rollout of Husk’s portfolio of solar hybrid minigrids in Northern Nigeria, helping address one of the country’s most urgent development challenges.

Source

Husk (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

development finance, lending, partnerships, public-private partnerships, renewable energy, rural development, scale, solar

Singapore’s Granite Asia Announces $250 Million First Anchor Close of Private Credit Strategy

"The fund focuses on secured loans across the Asia-Pacific region with a defensive risk profile, offering stable cash yields alongside enhanced returns through Granite Asia’s technology ecosystem and hands-on value creation."

Source

TN Global (link opens in a new window)

Categories

Investing, Technology

Region

South Asia

Tags

digital inclusion, lending, scale, supply chains

IFC and TLG Capital Launch $75 Million Fund to Help African SMEs Stay Afloat

"To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative."

Source

Empower Africa (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

development finance, employment, lending, manufacturing, MSMEs, sustainable finance

Pioneer Facility Announces First Bangladesh Investment in Agri-Tech Innovator iFarmer

The Singapore-registered fund provides flexible debt financing to growth-stage climate enterprises driving social and environmental impact for marginalized communities.

Source

Nexus for Development (link opens in a new window)

Categories

Agriculture, Environment

Region

Asia Pacific

Tags

agtech, food security, global development, lending, SDGs, smallholder farmers, supply chains