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Miller Center Capital Supports Altitud to Expand Economic Opportunities for Women in Mexico
For more than a decade, Altitud has provided affordable credit to women who are starting sewing enterprises, which is often their first step toward financial independence.
- Categories
- Investing, Social Enterprise
- Region
- Global
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Nedbank to Acquire South African Fintech Firm iKhokha for $94 Million
Nedbank aims to boost its SME market presence through enhanced digital and inclusive financial services with the acquisition.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mongolia’s AND Global Secures US $21.4 Million Series B to Drive Fintech Expansion in Southeast Asia
The capital will enable the expansion of AND Global's AI-driven solutions throughout Southeast Asia and launch new tools for MSMEs.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- financial inclusion, fintech, innovation, lending, MSMEs
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Senegal’s Eyone Medical Raises $3 Million to Digitise West Africa’s Health Records
The platform is used in over 60 healthcare institutions across Senegal, Mali, Côte d’Ivoire, Cameroon, Gabon, and France.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: How MSMEs Can Use AI to Navigate Global Trade Turbulence
The transformation of global trade through AI isn't a distant future. It's happening right now, and the window of early-adopter advantage is still open.
- Categories
- Technology
- Region
- Global
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Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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IFC, BOAD and BII Invest in West Africa’s First Multi-Country Securitization to Boost MSME Financing
Proceeds from the XOF52 billion ($90.4 million) bond will help NSIA Banque Benin expand its MSME loan portfolio across Benin, Senegal, and Togo.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Mobilizing More Capital for African SME Funds: New Research Reveals Persistent Market Constraints — And a Growing Focus on Innovation
Over the past decade, African SME fund managers have experienced remarkable growth, diversifying geographically, across asset classes and in fund structures. However, according to Marianne Vidal-Marin at Investisseurs & Partenaires (I&P) and Julia Kho at Triple Jump, SME investing remains challenging across the continent. They share insights from a new I&P report exploring the current SME fund investment landscape in Africa — the first in a series of NextBillion articles on what makes SME finance work across emerging markets, and in Africa in particular.
- Categories
- Investing