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Symbiotics Investments Arranged a USD 10 Million Green Bond for Proparco
The proceeds will support its activity in providing access to energy for off-grid customers in underserved African markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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FSDH Merchant Bank Announces $35 Million Facility From International Finance Corporation to Boost Growth of Businesses in Nigeria
The credit facility will be used to improve access to finance for medium-scale businesses in the emerging sectors of the Nigerian economy.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Creation Investments Closes Fifth Impact Fund with More Than $270 Million of Capital Commitments
Creation Investments Capital Management announced the final close of Creation Investments Social Ventures Fund V (Creation V).
- Categories
- Investing
- Region
- Global
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Financial Inclusion: African Development Bank Group To Channel $150 Million To SMEs In Africa
The African Development Bank Group has said it will channel $150 million in funding to Small and Medium Enterprises through Financial institutions across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs
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The Urgent Need to Address Climate Impacts on MSMEs: Recommendations for Designing Right-Fit Tools and Solutions
Micro, small and medium-sized enterprises (MSMEs) provide a critical link to goods and services while generating income for millions of households around the world. But as Bethany Kanten at Mercy Corps Ventures points out, these businesses remain underserved in several areas that are limiting their resilience to key challenges – including climate change. She shares new research based on interviews with hundreds of MSMEs in Africa, which reveals the opportunity for innovators, investors and funders to positively impact these enterprises with climate solutions.
- Categories
- Environment, Investing, Telecommunications
- Tags
- climate change, innovation, MSMEs, research, startups
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NeoGrowth Raises $20 Million From US International Development Finance Corp
NeoGrowth said it has raised $20 million from the United States International Development Finance Corporation.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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EMGA Secures $20 Million Debt Finance for Costa Rica’s Banco Improsa
Emerging Markets Global Advisory LLP (EMGA) has secured US$20M to finance micro, small and medium-sized enterprises (MSMEs).
- Categories
- Finance
- Tags
- financial inclusion, MSMEs
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African Development Bank Launches Multinational Project for Youth Empowerment in Nigeria, DRC, Uganda
The initiative will support young farmers who are attracted to urban farming
- Categories
- Agriculture
- Region
- Sub-Saharan Africa