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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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Profit with Purpose: How Women-Inclusive Business Practices Drive SME Success
Small- and medium-sized enterprises (SMEs) presents a significant untapped opportunity to advance gender equality in low- and middle-income countries.
- Categories
- Investing
- Region
- Global
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Wema Bank Unveils AlatPay to Enable Instant Payment for Small Businesses in Nigeria
Wema Bank, the financial institution behind Africa’s digital bank Alat, has launched AlatPay, an instant digital payment solution designed to enable businesses of all sizes to digitise their operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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BII Commits $50 million to Access Bank to Support Businesses in Nigeria
Access Bank is one of the largest banks in Nigeria, that is committed to providing support to businesses through funding, capacity building and networking opportunities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Dutch and Austrian DFIs back REGMIFA to Support sub-Saharan African MSMEs
The Dutch development bank FMO and Austrian DFI Oesterreichische Entwicklungsbank have invested $20m into the Regional MSME Investment Fund for sub-Saharan Africa.
- Categories
- 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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Oikocredit Injects $10 Million to Boost African SMEs in Partnership with AfricInvest
APC specializes in offering medium to long-term loans.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, partnerships
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International Finance Corporation Providing USD $150 Million for Vietnam’s First Blue Bond
The package is designed to stimulate a viable blue finance market, promote green bonds, and support smaller businesses in Vietnam.
- Categories
- Investing
- Region
- South Asia