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Proparco and the EU Partner with Ecobank to Promote Financial Inclusion and SME Development in the DRC
Proparco and the European Union have announced their support for Ecobank DRC in expanding its financing for micro, small and medium-sized enterprises (MSMEs) through a $10 million Impact+ portfolio guarantee.
- Categories
- Agriculture, Health Care
- Region
- Sub-Saharan Africa
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South African Fintech Yoco Secures $100 Million Credit Facility From Victory Park Capital Advisors
The funding represents a significant milestone for Yoco as it continues expanding its financial services ecosystem for small and medium-sized businesses (SMEs) across South Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Uganda’s Newman Foods Secures US$3 Million Loan to Expand Processing Capacity
The company sources raw materials from more than 3,000 smallholder farmers across Uganda and sells to thousands of formal retail chains and informal market vendors.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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IFC, DEG and Norfund Invest in Banpaís to Support SMEs, Promote Sustainable Investments and Create Jobs in Honduras
The transaction seeks to address two challenges that constrain the growth of Honduran businesses: access to finance and a reliable, competitive energy supply.
- Categories
- Energy
- Region
- Latin America
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TNB, IOI Corp, SMEs to Develop 500 MW Solar Project in Negeri Sembilan
The scheme facilitates the supply of renewable electricity from developers directly to corporate consumers through the open-access electricity supply network in Peninsular Malaysia.
- Categories
- Energy
- Region
- South Asia
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First partnership between Proparco (AFD Group) and Sterling Bank to Finance Renewable Energy and Agriculture in Nigeria
The financing will accelerate the development of renewable energy and support small and medium-sized enterprises (SMEs) across Nigeria’s agricultural value chain.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Breakthrough Energy, Temasek and Enterprise Singapore Renew Southeast Asia Fellows Hub for Three Years
These companies are tackling critical challenges including clean fuels and oils, plastic recycling, alternative materials for EV batteries, photosynthesis enhancers for agriculture, and adaptation and resilience technologies including passive cooling paint and landslide sensing.
- Categories
- Agriculture, Energy, Environment, Technology, Transportation, WASH
- Region
- South Asia
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Fresh Effort to Bring Clean Cooking to Food Vendors in Kenya and Uganda
Food businesses are one of the largest microenterprise groups in Africa. Clean cooking will boost their productivity and incomes.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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