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UAE Commits $50 Million to Development Initiative
The funding will be used by LLF 2.0 to support critical projects in health and infectious diseases, agriculture, and social infrastructure in low and lower-middle income IsDB member countries.
- Categories
- Agriculture, Finance
- Region
- Global
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Press Release: British International Investment and Citi Launch $100 Million Risk-Sharing Facility to Support Trade Finance in Frontier and Emerging African Economies
The funding helps to accelerate the flow of key agricultural commodities, and use of machinery and solutions that strengthen food security in vulnerable economies.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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The Africa Fertilizer Financing Mechanism Receives $7.3 Million to Boost Agricultural Productivity and Smallholder Farmers’ Income
The funding targets food production and income growth for 800,000 smallholder farmers.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Reshaping Africa’s Food Systems: Three Opportunities to Drive Sustainable, Inclusive and Scalable Impact
Africa's agricultural sector is plagued by low yields, fragmented value chains and a large finance gap, and the region is home to 60% of the world’s uncultivated arable land. As Neil Wood, Oscar Garza and Hanna Dohrenbusch at Open Capital explain, these challenges have brought the sector to a critical juncture. They share three key solutions based on Open Capital's work on 450+ agriculture and food systems projects across Africa, which have the power to help drive the future of agriculture on the continent in the decades to come.
- Categories
- Agriculture, Energy, Environment, Investing, Technology
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Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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SunCulture Raises $27 Million in Series B Round From Investors Including Netflix Co-Founder
SunCulture supplies small solar-powered water pumps, the cost of which is subsidised by the sale of carbon credits, to small-scale farmers, allowing them to replace diesel-powered pumps in some cases and boost yields in fields that weren’t previously irrigated.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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$12 Million From InfraCo to Develop SunCulture’s Solar Irrigation Offering in Kenya
The 12 million dollars will support the Kenyan company's expansion in sub-Saharan Africa.
- Categories
- Agriculture, Energy, Investing
- Region
- Sub-Saharan Africa
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InfraCo Africa Invests in Climate-Resilient Agriculture
SunCulture offers farmers a more sustainable route to managing climate-induced variability of rainfall and displaces the need to use expensive, polluting fuel-based pumps.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa