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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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Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Biden-Harris Administration Invests $266 Million to Help Rural Business Owners, Farmers and Ranchers Lower Energy Costs, Generate Income, and Expand Operations, as Part of Investing in America Agenda
USDA is investing $266 million in 1,334 renewable energy and energy-efficiency projects in 47 states, Guam and Puerto Rico.
- Categories
- Agriculture, Energy, Technology
- Region
- North America
- Tags
- employment, lending, MSMEs, renewable energy, solar
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