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African Development Fund Provides Grant of $12 Million to Develop the Financial Market and Drive Financial Inclusion in the Democratic Republic of Congo
The African Development Bank Group has approved a $12 million grant to the Democratic Republic of Congo (DRC).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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FSDH Merchant Bank Announces $35 Million Facility From International Finance Corporation to Boost Growth of Businesses in Nigeria
The credit facility will be used to improve access to finance for medium-scale businesses in the emerging sectors of the Nigerian economy.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Fund Offers $8.9 Billion for Vulnerable African Countries
The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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From Grameen Bank to Global Scale: The New Edition of a Classic Book Highlights the Hard Truth – And Enduring Value – Behind Microfinance
In 1996, Grameen Foundation founder Alex Counts published “Small Loans, Big Dreams,” a well-regarded account of the origins and early years of the microfinance sector. Counts recently published a new edition of the book, which reflects on the ongoing evolution of the industry, and responds to critics who have questioned its role in international development. Longtime microfinance leader and analyst Elisabeth Rhyne discusses the book, and explores what these new updates tell us about the current state of the global microfinance sector.
- Categories
- Finance
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Unleashing Women Entrepreneurs by Challenging Gender Norms: An Innovative Approach to Changing Beliefs Around Household Chores
Globally, women and girls are responsible for three-quarters of unpaid care work, due to the still-common belief that a woman’s role in society is to take care of the home. As Trisha Clauson at Bopinc and Annegien Langedijk-Wilms at Growing Initiatives explain, this is preventing countless women entrepreneurs from building their businesses, reducing emerging markets' GDP by trillions of dollars. They explore an innovative program that leveraged mass media to foster more equitable gender norms around household chores in Nigeria, sharing learnings that can be used by other organizations supporting women entrepreneurs.
- Categories
- Uncategorized
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The Coca-Cola Foundation, Leading Ladies Africa to Empower 1000 Female Entrepreneurs
The Enterprise and Leadership Programme (ELP) is a practical, hands-on programme that enables women entrepreneurs in Nigeria to set up viable small business enterprises.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: New Research Shows That Investing in Women in Agriculture Generates Significant Value for Businesses and Investors
Ten years of global data from Root Capital—a nonprofit that supports the growth of agricultural enterprises in Africa, Latin America, and Indonesia—proves that gender-inclusive businesses are a smart investment.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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IndusInd Bank to Loan $150 Million From DFC to Support Women Entrepreneurs in India
The private sector lender will use the proceeds to lend to women borrowers in rural communities of Jharkhand, Uttar Pradesh, and Bihar.
- Categories
- Uncategorized
- Region
- Asia Pacific