-
AFRICA50 Invests $15 Million in Egypt’s Raya Data Center
Africa50 is an infrastructure investment platform focused on facilitating project development, mobilizing public and private sector finance, and investing in infrastructure on the continent.
- Categories
- Investing, Technology
- Region
- Global
-
Press Release: UN Women and Visa Foundation Join Forces to Support Impact Businesses through the UN Women Care and Climate Entrepreneurship Accelerator
The UN Women and Visa Foundation partnership will address the urgent need for climate action and innovations in the care economy in the Asia-Pacific and the Latin America regions.
- Categories
- Environment
- Region
- Global
-
BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
-
Latin America Startup Vambe Sees ARR Skyrocket After Pivot to Conversational AI
The Santiago, Chile-based company pivoted in March 2024 to focus on these AI agents, aimed to help small and medium-sized businesses automate communications with customers and close sales on platforms like WhatsApp.
- Categories
- Technology
- Region
- Latin America
-
KPay Secures $55 Million in Series A Raise to Boost SME Support in Asia
The new funds will be strategically utilized to further penetrate KPay’s existing markets, particularly targeting SME merchants.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, innovation, MSMEs
-
Arab African International Bank, IFC, EBRD, and BII Launch US$500 Million Sustainability Bond to Support Climate Finance and Boost Micro, Small, and Medium-Sized Enterprises
The sustainability bond is the first in Egypt - and the largest issued by a private bank in Africa - and will support green and sustainable projects in Egypt.
- Categories
- Investing
- Region
- North Africa & Near East
-
You Can’t Have Global Standards Without the Global South: Why Emerging Markets Must Lead the Way in Driving Impact Reporting Transparency
In recent years, global standard-setting bodies have released widely adopted impact reporting standards, designed to ensure that companies disclose sustainability- and climate-related information alongside their financial statements. Though these standards are a huge step forward for global impact transparency, Ibukun Awosika argues that they reveal a troubling power dynamic between developed and emerging markets. She explores how key voices in the Global South were left out of the process of developing these standards, and proposes two changes that can ensure a greater role for them going forward.
- Categories
- Environment, Investing
-
Kenya’s Hustler Fund Is a Flop. Why President Ruto’s Plan to Loan Money to Entrepreneurs Hasn’t Worked
The Kenya government acted as a micro-lender via the Hustler Fund, which was applauded by the financial inclusion lobby as a way to correct failures in the credit market.
- Categories
- Investing
- Region
- Sub-Saharan Africa
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.