NextBillion - A WDI Publication

OPEC Fund Signs $394 Million Sustainability-Linked Loan with ETC Group to Support Smallholder Farmers in Africa

The funds aim to boost ETG’s working capital, enhance food systems, and support the livelihoods of over 600,000 smallholder farmers across sub-Saharan Africa.

Source

SolarQuarter (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

development finance, food security, global development, lending, smallholder farmers, supply chains

Analysis: Small Firms Are Still a Big Missed Opportunity in Development Philanthropy

There are many reasons why philanthropists still haven’t supported SMEs at the scale we need. They need to get over it; the opportunity to leverage impact is enormous.

Source

Stanford Social Innovation Review (link opens in a new window)

Categories

Investing

Region

Global

Tags

development finance, MSMEs, philanthropy, supply chains

Absa Secures $150 Million from UK’s BII to Boost African SME Trade Financing

Absa Group partners with British International Investment (BII) to secure $150 million trade financing facility for African SMEs in agriculture and healthcare sectors.

Source

daba (link opens in a new window)

Categories

Agriculture, Health Care, Investing

Region

Sub-Saharan Africa

Tags

COVID-19, international trade, MSMEs, supply chains

Agents of Change: How Winich Farms Leverages a Nationwide Network to Empower Nigeria’s Smallholder Farmers

Nigerian farmers face a plethora of problems, including violent conflict in large parts of the country affecting productivity, access to finance, outdated agricultural practices, and supply chain deficiencies.

Source

Techpoint Africa (link opens in a new window)

Categories

Agriculture, Investing

Region

Sub-Saharan Africa

Tags

financial inclusion, smallholder farmers, supply chains

Mstack Chemicals Secures $40 Million to Disrupt Global Speciality Chemical Manufacturing Across More Countries

MStack will deploy the freshly infused capital to expand its footprint across the Middle East, Latin America and Asia, while continuing to strengthen its presence in the United States and other geographies.

Source

StreetInsider.com (link opens in a new window)

Region

Global

Tags

business development, international trade, manufacturing, supply chains

Press Release: DFC Announces More Than $1.8 Billion in Investments and New Initiatives at U.N. General Assembly

Several new DFC transactions and initiatives were announced by DCEO Biswal during the U.N. General Assembly.

Source

U.S. International Development Finance Corporation (link opens in a new window)

Categories

Energy, Environment, Investing, Technology

Region

Global

Tags

development finance, impact investing, mining, partnerships, public health, supply chains

National Bank of Malawi Plc Secures Landmark US$100 Million Financing Facility From Afreximbank to Support Trade Finance

The US$100-million AFTRAF agreement represents the largest AFTRAF facility ever to be extended by Afreximbank in Malawi.

Source

Afreximbank (link opens in a new window)

Categories

Agriculture, Energy

Region

Sub-Saharan Africa

Tags

international trade, manufacturing, partnerships, supply chains

Tanzania Mahenge Graphite Project Secures $219 Million Financing for Mine Development

This funding is critical for the project’s development, which includes establishing a 220kV power line to connect the local community to electricity, thereby fostering new business opportunities in the region.

Source

https://www.tanzaniainvest.com/mining/tanzania-mahenge-graphite-project-secures-219m-financing-for-mine-development (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

energy access, mining, supply chains