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Press Release: Miller Center & AlphaMundi Foundation Partner to Accelerate Scaling for High-Performing Enterprises
The partnership builds on AMF’s expertise in gender and climate investing to provide structured blended finance products to scale small-to-medium enterprises (SMEs) in Africa and Latin America,
- Categories
- Education, Environment, Social Enterprise
- Region
- Global
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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Pacto Closes US $4 Million Seed Funding to Grow Restaurant Point of Sale and Payments Software in Mexico City
With its cloud-based software and a range of payment options, Pacto is helping restaurants and bars manage their operations and grow their revenue and tips.
- Categories
- Technology
- Region
- Latin America
- Tags
- data, digital inclusion, innovation, MSMEs, startups
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Oxfam Novib and Goodwell Target East African Startups With €20 Million Pepea Fund
The fund will provide financing to early-stage startups in Kenya, Uganda, and Ethiopia.
- Categories
- Agriculture, Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Logistics Startup Fez Delivery Secures $1 Million
This funding announcement follows Fez Delivery's acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Outgrowing the Flower Pot: Why Just Selling Productive Equipment to Smallholder Farmers is Not Enough
A new wave of companies are bringing equipment powered by renewable, decentralized energy to smallholders, and these devices can significantly boost farmers' yields and product quality. But as Daniel Waldron, Christopher Emmott, Priyanka Dudeja, Paraag Sabhlok and Chris Wayne at Acumen explain, just like a tree growing in a flower pot, this new growth can become a burden if it has nowhere to go. They argue that productive equipment must be combined with market access interventions to truly benefit smallholders, and highlight two innovative companies that are demonstrating the impact of this approach.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, Technology
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Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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Switzerland Pledges 15 Million Francs to the Bamboo-UNCDF Initiative for the Least Developed Fund
The BUILD Fund is a unique investment fund in support of small and medium-sized enterprises (SMEs) in least developed and lower middle income countries (LDCs and LMICs).
- Categories
- Investing
- Region
- Global