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South African Venture Fund Secha Capital Raises $16 Million from Blue-Chip Investors
Secha invests in companies across sectors in southern Africa that are making the tech-enabled transition into the green economy.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
TikTok can advertise to more than 100 million users in Indonesia, but they now need to go on a different app or site to buy.
- Categories
- Technology
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Citi Grants $6 Million in Debt to Colombian Fintech Sempli
This transaction falls under the Scaling Enterprise program, backed by the U.S. International Development Finance Corporation (DFC) and the Ford Foundation.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, lending, MSMEs
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ADB Approves $500 Million Loan to Support Indonesia’s Development Agenda and Reform Priorities
The loan will support Indonesia’s development agenda and reform priorities in creating an enabling environment for investments.
- Categories
- Investing
- Region
- South Asia
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Press Release: Financial Health Pulse 2023: Share of Financially Vulnerable Americans Grows to 17% of Population, Climbing to Pre-Pandemic Levels
Largest Pulse data collection finds growing financial health inequities based on race, ethnicity, and age.
- Categories
- Finance, Technology
- Region
- North America
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Bank Mandiri Partners with FishLog to Expand MSME Financing in Indonesia
FishLog focuses on the cold-chain fisheries sector and offers services such as a B2B marketplace and inventory financing.
- Categories
- Investing
- Region
- South Asia
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Brazilian Startup Nagro Raises $49 Million
In total, Nagro has granted over $60M in credit to more than 5,000 rural producers and farmers.
- Categories
- Investing, Technology
- Region
- Latin America
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Press Release: African Development Fund Approves $20 Million to Improve Business Environment and Drive Investments to Climate-Smart Agriculture in Mozambique
The programme is expected to help stimulate the development of agribusiness and micro, small and medium-sized enterprises, as well as finance efforts to mainstream gender and climate action initiatives into economic development.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa