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African Development Bank Approves $50 Million and Eur 50 Million Trade Finance Transaction Line of Credit for Ecowas Bank for Investment and Development (Ebid) To Enhance Food Security and Boost Agricultural Value Chains in the Region
The Board of Directors of the African Development Bank Group has approved a dual-currency Trade Finance Line of Credit for ECOWAS Bank for Investment and Development (EBID).
- Categories
- Agriculture
- 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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$2 Million-Backed Ouranos Lab Launches to Develop Innovative Enterprise Solutions Out of Africa
Ouranos Lab is a venture studio focused on building the products and solutions that will power the future of enterprise technology in Africa.
- Categories
- Technology
- 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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Botswana/Zambia: KFW Finances €8.8 Million for Drinking Water and Sanitation
The financing is for the implementation of the first phase of the Kazungula Water and Sanitation Project.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- sanitation, water
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Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture
African youth-led Agritech businesses will receive mentorship and $1.5 million in grants to help them expand solutions to long-standing challenges faced by smallholder farmers across the continent.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- agtech, impact investing
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African Development Bank’s AFAWA Hits $1 Billion Investment Milestone in Lending to Women Entrepreneurs in Africa
This is yet another milestone for the bank following a historic summit last week to tackle the escalating challenges of food security in Africa.
- Categories
- Agriculture
- 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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