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New $110 Million Fund to Empower Women to Tackle Climate Change
The Women Empowerment for Climate fund aims to raise US$100 million to empower women to successfully implement policies to adapt to climate change.
- Categories
- Agriculture, Environment, WASH
- Region
- Global
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Press Release: Goldman Sachs, IFC Partner With African Banks to Empower Women Entrepreneurs in Africa
Under the partnership, nine financial institutions from across Africa have agreed to join the 10,000 Women initiative.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Press Release: UN Women and Visa Foundation Join Forces to Support Impact Businesses through the UN Women Care and Climate Entrepreneurship Accelerator
The UN Women and Visa Foundation partnership will address the urgent need for climate action and innovations in the care economy in the Asia-Pacific and the Latin America regions.
- Categories
- Environment
- Region
- Global
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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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CreditAccess Grameen Raises 25 Million Euros From German Investment Corporation DEG
Blended finance tools like co-financing bring together development finance and private sector investments, helping to mobilise funds for sustainable development.
- Categories
- Finance
- Region
- Asia Pacific
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Deetken Impact’s Ilu Women’s Empowerment Fund Awarded $750K Grant to Advance Gender-Responsive Climate Finance Initiatives in Latin America and the Caribbean
The grant will support a combination of catalytic investment capital and technical assistance to unlock resources and knowledge at the intersection of climate action, gender equality, and health.
- Categories
- Investing
- Region
- Latin America
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Arab African International Bank, IFC, EBRD, and BII Launch US$500 Million Sustainability Bond to Support Climate Finance and Boost Micro, Small, and Medium-Sized Enterprises
The sustainability bond is the first in Egypt - and the largest issued by a private bank in Africa - and will support green and sustainable projects in Egypt.
- Categories
- Investing
- Region
- North Africa & Near East
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Navigating the Financing Paradox for WSMEs: Workable Solutions for Increasing Financial Inclusion Among Women-Owned or -Led Small and Medium-Sized Enterprises
In Africa, an estimated $42 billion financing gap exists for small and medium-sized enterprises owned or led by women (WSMEs). According to Nathalie Gogue-Ebo, Crystal Mugimba, Millie Maina and Shiemaa Ahmed at Open Capital, this gap has persisted despite the fact that women own the majority of the continent’s SMEs, and that globally, they default on their loans at a rate 53% lower than men. They explore the main roadblocks facing African WSMEs, and share some solutions that can ensure that these women entrepreneurs have access to the capital they need to thrive.
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