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Absa Secures $150 Million from UK’s BII to Boost African SME Trade Financing
Absa Group partners with British International Investment (BII) to secure $150 million trade financing facility for African SMEs in agriculture and healthcare sectors.
- Categories
- Agriculture, Health Care, Investing
- Region
- Sub-Saharan Africa
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Press Release: IFC and Equity Bank of Kenya Partner in Landmark Facility to Support Financial Inclusion for Refugees
The project is expected to serve as a model for similar private sector support initiatives in other African countries hosting large refugee populations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs, refugees
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Analysis: The Forgotten Strength of Smallholder Farmers: Lessons From Kumasi to The Cocoa Industry
A controlled system has been imposed on Ghana's smallholder farmers, limiting their ability to benefit fully from their hard work.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, scale, smallholder farmers
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Afreximbank Announces Aim to Double Creative Africa Nexus Funding to $2 Billion to Boost Africa’s Creative Economy
The new funding will primarily focus on infrastructure development, which remains a key challenge in the creative sectors.
- Region
- Sub-Saharan Africa
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Google Announces $1 Billion Investment for Infrastructure in Thailand
According to a study by Deloitte, Google’s investment could contribute £3 billion ($4 billion) to Thailand’s GDP by 2029, and support 14,000 new jobs.
- Categories
- Investing, Technology
- Region
- South Asia
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Supporting the Resilience of Small Businesses in India: The Value of Flexible Funding During a Crisis
Over 122 million people in India lost their jobs during the initial COVID-19 lockdown in April of 2020, and small traders and wage workers accounted for around 75% of those job losses. Amit Choudhary at Upaya Social Ventures explores how Upaya pivoted to support small businesses during that challenging time, discussing the evolving funding strategies it used — and how these approaches can provide a model for the broader impact investing sector during periods of crisis.
- Categories
- Investing
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Next Cohort Of Upaya’s Dignified Jobs Accelerator Focuses On Waste And Circularity
Upaya Social Ventures has announced the launch of the Circular Innovation Cohort under the Dignified Jobs Accelerator to support for-profit, post-revenue businesses in India’s plastics, and textiles & fashion waste management sectors.
- Categories
- Social Enterprise
- Region
- Asia Pacific
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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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