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Press Release: IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages in Panama
The loan will promote financing for small and medium enterprises (SMEs) and expand the offer of mortgage loans to the preferential segment in Panama.
- Categories
- Finance
- Region
- Latin America
- Tags
- financial inclusion, housing, MSMEs
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FinTech Enabler Ukheshe International Attracts Investment From DPI And Fireball Capital To Fuel International Expansion
Ukheshe was established to drive financial inclusion across Africa and beyond, by creating new ways for businesses to develop and grow their financial services offerings.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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African Development Fund Provides Grant of $12 Million to Develop the Financial Market and Drive Financial Inclusion in the Democratic Republic of Congo
The African Development Bank Group has approved a $12 million grant to the Democratic Republic of Congo (DRC).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Symbiotics Investments Arranged a USD 10 Million Green Bond for Proparco
The proceeds will support its activity in providing access to energy for off-grid customers in underserved African markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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FSDH Merchant Bank Announces $35 Million Facility From International Finance Corporation to Boost Growth of Businesses in Nigeria
The credit facility will be used to improve access to finance for medium-scale businesses in the emerging sectors of the Nigerian economy.
- Categories
- Entrepreneurship, Finance
- Region
- Sub-Saharan Africa
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Press Release: Creation Investments Closes Fifth Impact Fund with More Than $270 Million of Capital Commitments
Creation Investments Capital Management announced the final close of Creation Investments Social Ventures Fund V (Creation V).
- Categories
- Investing
- Region
- Global
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Financial Inclusion: African Development Bank Group To Channel $150 Million To SMEs In Africa
The African Development Bank Group has said it will channel $150 million in funding to Small and Medium Enterprises through Financial institutions across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs
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The Urgent Need to Address Climate Impacts on MSMEs: Recommendations for Designing Right-Fit Tools and Solutions
Micro, small and medium-sized enterprises (MSMEs) provide a critical link to goods and services while generating income for millions of households around the world. But as Bethany Kanten at Mercy Corps Ventures points out, these businesses remain underserved in several areas that are limiting their resilience to key challenges – including climate change. She shares new research based on interviews with hundreds of MSMEs in Africa, which reveals the opportunity for innovators, investors and funders to positively impact these enterprises with climate solutions.
- Categories
- Entrepreneurship, Environment, Investing
- Tags
- climate change, innovation, MSMEs, startups
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