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OPEC Fund Provides $50 Million Loan to Vietnam’s SeABank for Small Business and Climate Financing
In a statement on Monday, SeABank said the loan can help it increase lending to micro, small, and medium-sized enterprises, which account for around half of employment in Vietnam but continue to face a significant financing gap.
- Categories
- Finance
- Region
- South Asia
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MIGA, Deutsche Bank Partner to Increase Trade Finance in Frontier and Emerging Markets with EUR 1 Billion Guarantee Platform
The platform is not only seeking to expand access to trade finance but also has targets to direct a meaningful share of the trade finance volume enabled by MIGA's participation toward priority areas, including International Development Association (IDA) countries and Fragile and Conflict-affected Situations (FCS), small and medium enterprises (SMEs), agriculture, health, and water.
- Categories
- Finance
- Region
- Global
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Abiki Brokers Joins Forces with FasterCapital to Revolutionize Insurance in Sub-Saharan Africa
By focusing on affordability, simplicity, and accessibility, the startup empowers low-income individuals and SMEs to access essential financial protection and teleconsultation directly from their mobile devices.
- Categories
- Health Care, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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19 Firms Get $1.5 Million Grant to Boost Solar-Powered Businesses in Africa
The programme which aims to deploy 3,800 productive use appliances, including solar-powered water pumps, refrigerators and milling machines, while creating over 3,000 green jobs across the three countries.Eight Nigerian companies were among the beneficiaries selected for the initiative.
- Region
- Sub-Saharan Africa
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South Africa Fintech Bridgement Raises $20 Million as Banks Back AI-Powered Business Lending
The RMB and Standard Bank funding enables Bridgement to expand its direct lending to SMEs and strengthen its position as a leading online business lender in South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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ADB, HDBank Sign $100 Million Loan to Expand Access to Finance for MSMEs, Women-Owned Businesses in Viet Nam
The financing will support HDBank’s medium- to long-term lending, with at least 40% of ADB’s financing directed to WMSMEs to provide more opportunities for women business owners. Proceeds will be on-lent to eligible MSMEs in line with HDBank’s sustainable finance framework, expanding support for underserved segments.
- Categories
- Finance
- Region
- South Asia
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TLG Capital Fund Reaches $120 Million Second Close
In the year since the fund’s $75 million first close in April 2025, AGIF II has already invested in nine SMEs across seven countries and seven sectors, with debt facilities ranging from $5 million to $15 million to each company.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Holocene Closes Southern Africa’s First Dedicated Climate-Tech Fund
Holocene targets promising, local founders at the earliest stages, but who lack capital and hands-on operational support to get them to scale, especially in a nascent sector such as climate-tech.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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