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Rural Fintech Startup Jai Kisan Raises $30 Million in Series A Funding
Rural fintech startup Jai Kisan on Monday said it has raised $30 million (approximately Rs217 crore), in a combination of equity and debt, as a part of its Series A round of funding led by Mirae Asset.
- Categories
- Agriculture, Investing
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World Bank Approves $700 Million for Water Supply, Sanitation Programs in Nigeria
The World Bank has approved the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Program (SURWASH).
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Asirvad Microfinance Raises $15 Million From WorldBusiness Capital Inc
Asirvad Microfinance, a subsidiary of Manappuram Finance, on Monday said it had raised $15 million (around Rs 110 crore) in a seven-year external commercial borrowing loan from the US-based WorldBusiness Capital Inc (WBC).
- Categories
- Finance
- Region
- Asia Pacific
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CDC Group Commits $100 Million to ETG Group
CDC Group, the UK's development finance institution and impact investor, has announced a $100 million debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to global markets through its operations in 48 countries worldwide.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Press Release: Cross Country Partnership Aims to Transform Energy Innovation in Rural Businesses in Ethiopia
The partnership combines Precise's experience with agricultural and allied innovation and incubation programs in Ethiopia with SELCO Foundations track record of implementation of sustainable energy delivery models for rural populations in India.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- innovation, rural development, SDGs
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How Drones May Become Instrumental in South Africa’s Health Services
Unmanned Aerial Vehicles have been used for decades for medical supply deliveries and distributing and food aid to disaster-hit areas. Siyabonga Kamnqa looks at where and how drone technology is used in South Africa’s healthcare services.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Drones Are Delivering COVID-19 Vaccines to Underserved Communities
The company Zipline is using the technology to provide medical resources to rural areas in markets around the world.
- Categories
- Coronavirus, Health Care, Technology
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Press Release: DFC Improves Rural Livelihoods and Empowers Women Through $35 Million Investment in Root Capital
Small and growing agricultural businesses in low- and middle-income countries are chronically underfunded. Research shows that the global financing gap for these rural enterprises is in the hundreds of billions of dollars—at least $65 billion in sub-Saharan Africa alone. By taking steps to close this financing gap, DFC investments can help improve rural livelihoods and transform communities.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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