All News and Announcements

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News

Goodwell Investments Launches $154 M uMunthu II Fund

The $154 million will finance innovative, scalable, small and medium-sized businesses that improve the access and affordability of basic goods and services for unserved and underserved consumers in Africa.

News

Quona Capital Sinking $332M Into Startups Focused on Financial Inclusion

The firm had its final close on $332 million in capital commitments for its Fund III, which invests in companies in Latin America, India, Southeast Asia, Africa and the Middle East.

News

IFC Announces $50 M Loan to Caja Arequipa to Promote MSMEs in Peru

The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.

News

EV Finance Company Mufin Green Raises $5.7 M From Incofin

Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.

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Why Should WASH Matter to Impact Investors – New Publications From the e-MFP WASH Action Group

The WASH Action Group implemented a research study, the results of which e-MFP and Aqua for All are delighted to announce, are now available in three publications.

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IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience

The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.

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Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro

The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.

News

Funding Societies Signs $50M Credit Facility With HSBC to Drive SME Growth in Southeast Asia

Through this new facility the fintech lender will be able to channel the funds via its range of tailored financing solutions across SME segments across all its five markets.

News

IFC to Invest BRL 250 Million in Tradepay FIDC to Support Expansion of Retail MSMEs in Brazil, Drive Economic Growth

The investment will help promote greater market competitiveness by bolstering competition in the micro, small and medium enterprises (MSMEs) financing market through a capital market solution.

News

ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan

This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.