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IndusInd Bank to Loan $150 Million From DFC to Support Women Entrepreneurs in India
The private sector lender will use the proceeds to lend to women borrowers in rural communities of Jharkhand, Uttar Pradesh, and Bihar.
- Categories
- Uncategorized
- Region
- Asia Pacific
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The African Development Bank, First City Monument Bank Sign $50 Million Agreement to Enhance Access to Finance for SMEs in Nigeria
FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy sectors.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Indonesian Farming Startup Beleaf Raises $2 Million Seed Funding Led by Alpha JWC Ventures
Beleaf is a smart farming company that aims to use its agricultural expertise and technology to improve the yields and productivity of local farmers and ultimately, improve the livelihoods of farmers across Indonesia.
- Categories
- Agriculture, Investing, Technology
- Region
- South Asia
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IFC Invests A $75 Million Convertible Loan in SeABank in Vietnam
IFC's investment is aimed at impulsing SeABanks's development strategies and increasing access to finance for SMEs and women-owned SMEs.
- Region
- South Asia
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Bloomberg to Set up Regional Studio in Rwanda
Kigali is set to host a permanent studio of Bloomberg in 2023, following the latter's decision to expand its television presence on the African continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Indonesia’s Ayoconnect Raises $13 Million Series B+ Led by SIG Venture Capital
The new funding will enable Ayoconnect to continue building out a leadership team, and to invest in product and technology development.
- Categories
- Finance
- Region
- South Asia
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Colombian Neobank Lulo Secures $200 Million to Further Democratize Banking
With an accelerated growth in Colombia, the neobank seeks to expand its operation in Latin America.
- Region
- Latin America
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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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