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African Development Bank Approves $180 Million Loans to Extend Electricity Access to Rural Areas in Rwanda
This follows the 26 May 2021 approval for $84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for the same project.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tofino Capital Launches $10 Million Fund for Frontier Tech in Africa, Other Markets
VC firm Tofino Capital has completed a first close of US$5 million of a US$10 million fund focused on investing in early-stage companies in Africa, Latin America, Asia and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- impact investing, startups
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Press Release: Development Finance Institutions Pledge to Enhance Collaboration in Support of Infrastructure Development
DFI leaders reiterated the objectives of the DFI community to meet the infrastructure needs of low and middle-income countries.
- Categories
- Finance
- Region
- Global
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JiPay Raised US $1.3 Million of Seed Funding Led by East Ventures
JiPay, a Singapore-based fintech startup, creates an inclusive financial services platform for migrant domestic workers.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- employment, fintech, remittances, startups
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Press Release: DFC Seeks to Increase Climate Finance Partnerships on Earth Day
On Earth Day, U.S. International Development Finance Corporation (DFC) hosted “Investing in a Sustainable Future – Climate Finance in Emerging Markets."
- Categories
- Environment, Finance
- Region
- Global
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Armada Brands Raises $1.3 Million Pre-Seed to Empower E-Commerce Entrepreneurs in Scaling Their Brands
Armada Brands, a Philippine e-commerce aggregator, raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands.
- Categories
- Finance, Technology
- Region
- South Asia
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Press Release: Zubale Receives $40 Million Series A to Help Retailers Win E-commerce Battle in Latin America
With this capital, the company will continue investing in technology, expand to Brazil and Chile, and launch embedded finance products.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Payu Doubles Down on Latin American Fintech, Acquires Ding and Leads $46 Million Investment in ‘Superapp’ Treinta in Colombia
PayU, the fintech business controlled by Prosus with operations in 50+ countries announced a double-deal today to expand its presence in Latin America.
- Categories
- Finance, Technology
- Region
- Latin America