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Islamic Development Bank and World Bank Partnering to Drive Impact
The partnership is expected to support joint operations that could involve up to $6 billion in financing through 2026.
- Categories
- Investing
- Region
- Global
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Press Release: Convergence Blended Finance Releases New Findings — Reports 45% Decline in Global Blended Finance for Climate
Public financing for climate, while increasing, has seen the overall growth rate decline, private climate financing volumes lag, and climate blended finance flows regress.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: MCE Social Capital Announces the Final Close of Its Mesa Fund to Target Gender-Inclusive Agri-Businesses in Africa and Latin America
The investment rationale: expanding the potential of early-stage entrepreneurs and rural financial services providers.
- Categories
- Agriculture, Investing
- Region
- Global
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Amazon to Launch South Africa Marketplace in 2024, Sellers Can Register from Today
The launch of Amazon's marketplace will bring big competition to South Africa's existing e-commerce companies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Wind Energy Playing Key Role in Africa’s Energy Supply but Transformational Potential Still Untapped, Finds GWEC Report
The report details the benefits of wind energy development on the continent, with case studies that explore job creation, grid stabilisation and the expansion of complementary technologies like hydropower and solar.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Crossboundary Access and Mobile Power Announce $10 Million Partnership to Scale Battery Swapping Services Across Nigeria
CrossBoundary Access will finance the development and construction activities and will own the projects, while Mobile Power will ensure that residents receive clean, reliable electricity for years to come.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Apple and Acumen Launch Cohort to Help Uplift Lives of Poor While Protecting Environment
The program has been designed to help social entrepreneurs scale and refine their businesses to transform the lives of people living in poverty, while also protecting the environment.
- Categories
- Energy, Social Enterprise, Technology
- Region
- Asia Pacific
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South African Fintech Startup Stitch Announces $25 Million Series A Extension Round
The funding will be used by Stitch to continue building its end-to-end payments solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- business development, MSMEs, scale