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Press Release: IFC and J.P. Morgan Lead $27 Million Investment Round in KLYM to Boost SMEs’ Growth in Latin America
KLYM, a data-driven fintech that focuses on providing working capital to small and midsize companies in Latin America, announced the closing of its Series B investment round for a total of US$27 million. The
- Categories
- Agriculture, Finance, Technology
- Region
- Latin America
- Tags
- data, fintech, impact investing, MSMEs
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Asian Development Bank and Cambodia Post Bank Sign $10 Million Loan to Support Recovery of MSMEs From Pandemic
The loan will expand access to finance, and at least 50% of the proceeds are marked to finance MSMEs led by women.
- Categories
- Finance, Health Care
- Region
- South Asia
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Partners to Unleash Financial Inclusion in Rural Senegal
The new partnership aims to increase access to digital and financial services and products across rural areas of Senegal.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Madagascar to Expand Access to Social Protection for Extremely Poor Households Thanks to $250 Million in World Bank Financing
This new project will be implemented over a period of four years and will target extremely poor households throughout all of the 23 regions of Madagascar.
- Categories
- Education, Finance, Health Care
- Region
- Sub-Saharan Africa
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Interview: This Online Platform Is Helping Relief Agencies Send Cash Aid to Rural Somalia
Hormuud Telecom is helping donors reach millions of Somali residents engulfed by hunger and starvation, while eliminating the fear of terrorist attacks.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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South African Digital Lender Lulalend to Launch Banking Product Off the Back of $35 Million Series B
The digital lender, launched in 2014, has raised $35 million in a Series B round led by international impact investor Lightrock, with participation from new investors.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenya to Employ Mobile Money to Fight Tax Evasion
Kenya has introduced a new policy aimed at using mobile money to curb tax evasion in that country.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Diaspora Remittances Now Kenya’s Largest Foreign Exchange Earner
Kenya is now earning more foreign exchange from diaspora remittances than each of its major exports.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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