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Uganda’s Zigoti Secures $1 Million Funding From Sahel Capital to Support Smallholder Farmers
Zigoti sources its coffee beans from a network of more than 4,000 smallholder farmers, providing not only a stable market for their harvests but also offering a range of extension services, training programmes, and value-added support aimed at improving crop quality and farmer livelihoods.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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DriveWealth Powers Ualá’s Launch of U.S. Stock Investing in Mexico
The launch marks another step forward in expanding access to global capital markets for a broader population of investors.
- Categories
- Investing, Technology
- Region
- Latin America
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Press Release: Rockefeller Foundation Commits an Additional US $10 Million to Accelerate Electricity Connections Across Africa by 2030
The Rockefeller Foundation is collaborating with the Global Energy Alliance for People and Planet to fast-track electrification efforts in at least 15 African countries.
- Region
- Sub-Saharan Africa
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Press Release: British International Investment and ILX Complete First Joint Investment in Emerging Markets
The $15 million transaction marks ILX’s first sub-participation in a BII investment, since the two institutions formalised their partnership to increase institutional capital flowing into high-impact opportunities in emerging markets.
- Categories
- Agriculture, Investing
- Region
- Global
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The African Development Bank Group and the United Nations Development Programme Have Launched the AI 10 Billion Initiative
The AI 10 Billion Initiative is a co-designed partnership between the Bank Group, UNDP and private partners that seeks to mobilise up to $10 billion by 2035.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Pesalink and PAPSS Unlock Cross-Border Payments in Local Currencies in Kenya
The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Proparco Grants Wema Bank a First €5 Million Guarantee to Finance Impact-Driven MSMEs in Nigeria
Proparco is granting a NGN 9 billion ARIZ portfolio guarantee (equivalent to €5 million) to Wema Bank in Nigeria. This marks the first collaboration between the two institutions.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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African Development Bank, Asian Infrastructure Investment Bank Join Forces to Expand Clean Energy Access Across Rwanda
The addendum builds on the Board’s July 2025 approval of a $200 million African Development Bank Group loan and formalises the $100 million AIIB co-financing arrangement as part of a total programme cost of $300 million.
- Region
- Sub-Saharan Africa
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