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IFC Leads $5 Million Extension Round in Ivorian SAAS E-Commerce Platform ANKA
ANKA said it will use the fresh investment to strengthen product development and expand services, particularly in its key markets: Nigeria, Kenya and the U.S.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: DFC Invests More Than $1 Billion in Global Food Security, Announces Intent to Double its Investments
With millions of people on the brink of famine, DFC remains committed to expanding access to food today and helping to protect against future food crises.
- Categories
- Agriculture, Investing
- Region
- Global
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Press Release: IFC Invests in Cote d’Ivoire Fund to Boost Growth of SMEs in West, Central Africa
IFC's support includes an equity investment of up to €7.5 million from IFC's SME Ventures program and an additional €7.5 million from the Blended Finance Facility of the International Development Association's Private Sector Window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Grow Asia Launches US $1 Billion Impact Fund
Public-private blended financing model targets Southeast Asian SME agri-businesses.
- Categories
- Agriculture, Environment, Investing, Technology
- Region
- South Asia
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Analysis: Nigeria’s Microfinance Banking Dream on Brink of Failure
The most widely-accepted recent labour force data gives a rough idea of how a vibrant micro business environment could help to deal with the country’s unemployment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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A Pivotal Moment to Invest in Africa: How Impact Investing Can Transform the Continent’s Healthcare Value Chain
The global impact investment market is estimated to be worth US $1.16 trillion, but less than 2% of these investments are channeled to Africa’s health markets. Abiodun Awosusi at the Ivey Business School argues that this should not be the case, as the continent offers uniquely valuable opportunities for health businesses and the investors that support them. He explores the overlapping trends that are driving these opportunities, and shares some ways investors and other stakeholders can get involved.
- Categories
- Health Care, Investing, Social Enterprise
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African Development Bank Announces $1 Billion to Boost Access to Climate Finance for Youth Businesses
The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, MSMEs, youth
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From $2M to $42 Million: Wasoko’s Success Story in Rwanda Sparks Democratic Republic of Congo Expansion
Wasoko, an African e-commerce company that uses smart technology to transform the informal retail supply chain, has today announced its expansion into the Democratic Republic of Congo (DRC).
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, MSMEs, startups, supply chains
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