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Madica Secures $6 Million from Flourish Ventures to Extend African Pre-Seed Investment Pilot
Madica is an Africa-focused pre-seed investment programme affiliated with Flourish Ventures. It aims to empower underrepresented and underfunded mission-driven founders on the continent by providing funding and democratising access to company-building support.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Spiro and ESP Launch Rwanda Pilot to Support 5,000 Women Entrepreneurs in Africa’s Electric Mobility Sector
Announced in Kigali on 28 October, the Women in E-Mobility programme seeks to help women become professional electric motorcycle riders, establish transport-related businesses and generate sustainable incomes.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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ADB Advances Resilient Agriculture and Women’s Economic Empowerment in Rural Cambodia
The Smallholder Resilient Economic Development Sector Project will upgrade agricultural infrastructure and services across 186 communes in seven provinces, which are severely vulnerable to natural hazards.
- Categories
- Agriculture, Environment
- Region
- South Asia
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Nigeria: African Development Bank Group Commits $750,000 to Boost Women-Led Enterprises Through Lagos State Government and National Partners
Through its Affirmative Finance Action for Women in Africa (AFAWA) initiative, the Bank is providing $750,000 in grant support to strengthen women-led enterprises across Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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UNDP and UN Women Launch Financing Initiative to Support Afghan Women Entrepreneurs
The Afghanistan Women’s Fund for Resilient Enterprises (AWFRE) will provide Sharia-compliant financing alongside business development support, including financial and digital literacy training, mentoring, business planning and support to access markets.
- Categories
- Investing
- Region
- North Africa & Near East
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IFC, Affin Bank Extend US $400 Million Financing to Women-Owned Businesses, Enterprises
Under the partnership, Affin Bank will channel funding to eligible MSMEs to support productive investment, strengthen business competitiveness and promote more inclusive economic development.
- Categories
- Investing
- Region
- South Asia
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Viewpoint: Entrepreneurship is Changing and Education Needs to Change With It
"UNDP research shows how young founders are using innovation and digital tools to respond to challenges in areas such as education, healthcare, inclusion, and local economic development, while Global Entrepreneurship Monitor reports that 84% of early-stage entrepreneurs consider social and/or environmental impact when making business decisions."
- Categories
- Education, Social Enterprise
- Region
- Global
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Five35 Ventures Completes 1st Portfolio Exit, Generates 3.5x Return From Complete Farmer Investment
The Africa Growth Fund is a US$200 million fund-of-funds designed to strengthen African-led, women-led investment vehicles and enable them to invest in businesses with the potential to contribute to inclusive growth and job creation.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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