NextBillion - A WDI Publication

MOPO Secures US $7 Million Financing With British International Investment

This is aimed at revolutionising access to sustainable energy for millions of households and businesses across both urban and rural communities in Africa who suffer from unstable or no grid infrastructure.

Source

MOPO (link opens in a new window)

Categories

Energy, Technology, Transportation

Region

Sub-Saharan Africa

Tags

climate change, decarbonization, development finance, energy access, innovation, MSMEs, partnerships, PAYGO finance, solar

Verdant Capital Makes $2 Million Mezzanine Investment in UsPlus

The Verdant Capital Hybrid Fund has completed an investment of $2 million in South Africa’s UsPlus.

Source

Africa Private Equity News (link opens in a new window)

Region

Sub-Saharan Africa

Tags

business development, MSMEs, venture capital

Beryl Oyier / Eyerusalem Mitiku / Catherine Mwangi / Rakib Hasan Rabbi  

Building Better Business Advisory Programs: Five Lessons from an Inclusive Marketing Bootcamp

Inclusive business models involve integrating low-income communities into the value chain as suppliers, distributors, retailers or consumers. As this approach has gained traction, advisory programs have emerged to help companies adopt and scale these practices. Beryl Oyier, Catherine Mwangi, Eyerusalem Mitiku and Rakib Hasan Rabbi at Bopinc share insights from an inclusive marketing program in Africa, highlighting five key lessons for designing more impactful inclusive business advisory programs.

Categories

Agriculture, Social Enterprise

Tags

business development, business education, food security, global development, impact measurement, marketing and advertising, MSMEs, research

Press Release: Visa Makes Strategic Investment in Moniepoint to Accelerate Financial Inclusion for African SMEs

Investment from global payments leader accelerates Moniepoint’s momentum as Nigeria’s Largest SME-Focused Fintech.

Source

Business Wire (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

digital payments, financial inclusion, fintech, MSMEs

Maxxa, Symbiotics, and Delphos Announce USD 10.6 Million Deal to Support SME Growth in Chile

Maxxa’s technological platform enables SMEs to obtain a credit assessment in minutes, revolutionizing the traditional loan application process.

Source

Impact Newswire (link opens in a new window)

Categories

Finance, Technology

Region

Latin America

Tags

employment, financial inclusion, fintech, impact investing, lending, MSMEs

Shell Foundation and Accion Announce New Programme to Finance and Scale Emission-Reducing Technologies in Emerging Markets

The Climate and Finance Innovations (ClimaFii) Alliance seeks to bring financing and sustainable energy solutions to microenterprises across India and sub-Saharan Africa.

Source

Shell Foundation (link opens in a new window)

Categories

Energy, Technology

Region

Global

Tags

clean cooking, climate health, development finance, e-mobility, energy access, financial inclusion, innovation, MSMEs, partnerships, renewable energy, smallholder farmers, solar

Agro-Industrial Hubs in Nigeria to Get $2.2 Billion From African Development Bank

The SAPZ aims to boost food security and unlock economic opportunities for businesses, particularly small and medium enterprises (SMEs) in the agricultural sector.

Source

Marketing Edge (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

development finance, food security, MSMEs

Islamic Development Bank Group Approves $40 Million to Support Small Businesses in Uzbekistan

Uzbekistan has launched a project to bolster the financial resilience of small and medium-sized enterprises (SMEs) with funding from the Islamic Development Bank (IsDB).

Source

Kun.Uz (link opens in a new window)

Categories

Investing

Region

Europe & Eurasia

Tags

business development, financial inclusion, Islamic finance, MSMEs