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Apr 2021
Africa: Baobab+ Raises €4m to Distribute Its Solar Kits in Two Countries
April, 07 2021
Sub-Saharan Africa - Solar home systems provider Baobab+ has just completed two rounds of financing for its expansion in Senegal and Ivory Coast. As part of these transactions, the French company has secured €4 million from two investors ...
Kiva Capital Management Announces Final Close of Kiva Refugee Investment Fund to Scale Lending to Fragile Communities Globally
April, 07 2021
Global - Kiva Capital Management, the impact-first fund management subsidiary of non-profit Kiva.org, announced today the successful final close of the Kiva Refugee Investment Fund, LLC, a $32.5 million facility to scale lending to fragile communities globally ...
Ribbit Capital Leads $26.7M Round for Brazilian Fintech Cora
April, 05 2021
Brazil - Cora, a São Paulo-based technology-enabled lender to small and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital ...
Dutch Development Bank FMO to Invest $137 Mn in India’s Green Growth Equity Fund
April, 02 2021
India - Dutch development bank FMO will invest $137 million (about ₹1,000 crore) in India’s Green Growth Equity Fund (GGEF), managed by EverSource Capital, while the fund aims to raise a total of $940 million ...
Mastercard’s Airtel Investment Spotlights Africa’s Mobile Money Boom
April, 01 2021
Africa - The mobile payments surge is global in scope, touching all regions and countries. That’s especially apparent in Africa, where as reported Thursday (April 1), Airtel Africa is getting a $100 million investment from Mastercard that valued the platform at roughly $2.7 billion, and which would give Mastercard a 3.7 percent stake in the firm ...
Uganda’s Tugende Closes a $3.6M Series A Extension to Meet Asset Finance Demand
April, 01 2021
Uganda - Tugende has also raised $20 million in debt capital to grow its portfolio. Among its debt partners are Partners Group Impact Investments, Symbiotics, US International Development Finance Corporation, Frankfurt School Financial Services, Global Social Impact Fund, Yunus Social Business, and Oikocredit ...
Root Capital Secures $35 Million from DFC to Expand Lending to Rural Agribusinesses
April, 01 2021
Global - The U.S. International Development Corporation, formerly known as OPIC, is investing $35 million in the Cambridge, Mass.-based social lender to finance smallholder farmers in low- and middle-income Latin America, sub-Saharan Africa and Southeast Asia. ...

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