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COP 28: African Development Bank’s $1 Billion Insurance Facility to Protect Millions of Farmers in Africa
African Development Bank President Dr Akinwumi Adesina said the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) aims to mobilise $1 billion of concessionary financing, high-risk capital and grants to support the African insurance industry.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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PUE at the BoP: Three Approaches To Making Productive Uses Of Energy Accessible To All
Productive Use of Energy (PUE) technologies, such as solar water pumps, refrigeration and sewing machines, are crucial for helping smallholder farmers and other microentrepreneurs generate incomes. But as Christopher Emmott at Acumen explains, the high up-front costs of PUE appliances prevent many people at the Base of the Pyramid (BoP) from purchasing them. He shares some innovative approaches and business models that can enable vulnerable communities to access these life-changing technologies.
- Categories
- Agriculture, Energy, Social Enterprise, Technology
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Press Release: IFC Investment to Support a Resilient Dairy Market in Brazil, Reducing Food Insecurity
The investment aims to expand production, processing, and distribution of dairy products in the Northeast Region of Brazil, helping tackle malnutrition and food insecurity.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Analysis: Small-Scale Farmers Receive 0.8% of Climate Finance Despite Providing a Third of Our Food Supply
Small-scale farms make up 84% of the world’s 570 million farms and control 12% of total agricultural land. In South Asia and sub-Saharan Africa, MSMEs are responsible for 65% of all food produced.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: FINCA Launches the FINCA Ventures Prize for Social Entrepreneurs
FINCA International is launching the FINCA Ventures Prize to support social entrepreneurs who share FINCA’s steadfast commitment to ending global poverty.
- Categories
- Social Enterprise
- Region
- Global
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Nigeria’s UfarmX Expands to Senegal to Power Next Generation of Farmers Through Blockchain
Nigerian agri-tech startup UfarmX leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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BiomEdit Lands $4.5 Million Bill & Melinda Gates Grant to Reduce Cattle Emissions in South Asia and Africa
The project will focus on smallholders and pastoralists in sub-Saharan Africa and South Asia with the goal of also improving these groups’ livelihoods.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
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Press Release: John Deere Foundation Announces $19 Million in Grants Aimed At Eliminating Global Hunger
The John Deere Foundation announced a series of grants totaling $19 million aimed at eliminating hunger by increasing access to food, uplifting resource-constrained farmers, and supporting global food systems.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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