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Press Release: G7 Development Finance Institutions and Multilateral Partners to Invest over $80 Billion into African Businesses over the Next Five Years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa.
- Categories
- Coronavirus, Finance, Investing
- Region
- Sub-Saharan Africa
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El Salvador Becomes First Country to Adopt Bitcoin as Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Can Agricultural Insurance Help Guarantee Post-Pandemic Food Security?
In a world in which radical climatic events are increasingly affecting farm production, agricultural insurance is coming to be seen as a key solution for producers to bolster economic and food security.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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UNICEF Invests in Blockchain Startups for Financial Inclusion
UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.
- Categories
- Finance, Technology
- Region
- Global
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10 Financial Literacy Solutions Receive Grants, Support From Nationwide Innovation Challenge
Ten financial literacy innovations were awarded grants and support from PhilDev Foundation and Cebuana Lhuillier Foundation, Inc. (CLFI) to boost financial literacy in underserved communities in the Philippines.
- Categories
- Finance
- Region
- South Asia
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Pahal Financial Services Raises $5 Million USD From WaterEquity
Business Wire India Ahmedabad-based Microfinance Institution, Pahal Financial Services Pvt. Ltd., recently raised debt capital worth 5 million US dollars from WaterEquity, a USA-based impact investment asset manager.
- Region
- Asia Pacific
- Tags
- impact investing
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Architect Capital Launches with $100 Million to Provide Asset-Based Financing to Technology Companies in the U.S. And Latin America
Architect Capital, an asset-based lender to early-stage technology businesses, announced that it has launched with over $100 million to provide non-dilutive or less-dilutive financing solutions to high-growth and technology-enabled businesses.
- Categories
- Finance, Technology
- Region
- Latin America
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