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Tech Firm Acquires Rigo Microfinance Bank
The takeover is expected to strengthen NucleusIS Africa’s ability to deliver healthcare financing services across the continent.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Education-Focused NBFC Varthana Raises $15 Million From BlueOrchard
The funds, raised under the external commercial borrowings framework, will support Varthana’s lending portfolio.
- Categories
- Education
- Region
- Asia Pacific
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CreditAccess Grameen Raises 25 Million Euros From German Investment Corporation DEG
Blended finance tools like co-financing bring together development finance and private sector investments, helping to mobilise funds for sustainable development.
- Categories
- Finance
- Region
- Asia Pacific
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Subsidy and Synergy: How Philanthropy Can Complement Impact Investing More Effectively
The original goal of impact investing was to build out the funding spectrum between philanthropy and commercial investment. But according to Asad Mahmood at SIMA and Nanno Kleiterp, the arrival of private equity firms — promising scale and market-rate financial returns — has pulled all the sector's energy toward the commercial end of the spectrum. They explore the key role philanthropic subsidy has played in the development of emerging markets business, clarify some misconceptions about its role in impact investing, and propose some ways philanthropists and impact investors can better align their efforts.
- Categories
- Energy, Finance, Investing, Social Enterprise
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Kenya’s Hustler Fund Is a Flop. Why President Ruto’s Plan to Loan Money to Entrepreneurs Hasn’t Worked
The Kenya government acted as a micro-lender via the Hustler Fund, which was applauded by the financial inclusion lobby as a way to correct failures in the credit market.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African NGO Wins Luxembourg’s €100,000 Microfinance Award
The European Microfinance Award, established in 2005 by Luxembourg’s foreign ministry is jointly organised with the Inclusive Finance Network Luxembourg (InFiNe) and the European Microfinance Platform (e-MFP).
- Categories
- Finance
- Region
- Global
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India’s IndusInd Bank Tumbles 15% on Becoming Latest to Warn of Microfinance Loan Stress
While at least eight of the 41 analysts covering the stock cut their price targets, their average still remains the equivalent of "buy", according to LSEG data.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Al Majmoua from Lebanon, FATEN from the Occupied Palestinian Territories, and RUFI from Uganda announced as Finalists for European Microfinance Award 2024 on Advancing Financial Inclusion for Refugees & Forcibly Displaced People
The winner will be announced at ceremony during European Microfinance Week (EMW 2024) on Thursday November 14, 2024.
- Categories
- Finance
- Region
- Global