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EU Offers $1bn Development Capital To Three African Countries
European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
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- Region
- Sub-Saharan Africa
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OPINION: Twenty years of making microfinance, or whatever you want to call it, work
Today in Seattle, an organization called Global Partnerships celebrates two decades of helping people rise up out of poverty through a variety of initiatives all aimed at empowering the poor – by helping smallholder farmers, improving health, encouraging the use of “green” technologies and through microfinance.
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Why American Small Businesses Are Singing Microcredit’s Praises
Grameen America has helped multiple neighborhoods in the U.S. thrive. Here's the story of one business owner in Queens, New York.
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- Uncategorized
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U.S. States Ease Interest Rate Laws That Protected Poor Borrowers
Lenders have come under fire in Washington in recent years. Yet one corner of the financial industry — lending to people with poor credit scores — has found sympathetic audiences in many state capitals.
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Development Finance Institutions Come of Age
In a world where private enterprise drives jobs and prosperity, DFIs expand the frontiers of what is viewed as a profitable investment opportunity around the world.
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- Impact Assessment
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Equity Bank to issue American Express cards across Africa
Equity Bank's deal with American Express gives the Kenyan lender exclusive rights to issue AmEx credit cards across the continent outside South Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Accion Venture Lab Invests in Kenyan Start-up Umati Capital
Accion today announced an investment in Umati Capital, a Kenya-based lending company that provides invoice discounting and other forms of working capital financing to small and medium-sized enterprises (SME) in East Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- lending
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U.S. Opposing China’s Answer to World Bank
For almost a year, China has been pitching a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region. But the United States has not embraced the proposal.
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- Uncategorized
- Region
- Asia Pacific
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- lending