The green projects that will be financed  belong to the renewable energy category, in particular solar kits.

The green lending program will direct much-needed financing to small-scale green projects across Africa, South and Southeast Asia through local MSME banks.

The second fund aims to finance African rural microfinance institutions and agricultural entities sourcing from small-holder farmers in the continent.

Through this course, bank staff learn about climate risks and opportunities, methods to assess climate risk and offer biodiversity or nature-based adaptation and mitigation solutions to climate proof their clients and reduce the bank’s exposure to climate risk. 

The initiative is part of a larger LuxDev effort in Niger that has a total budget of EUR 145 million (USD 156 million).

Through this partnership, more than 5,000 MAX drivers will also gain access to digital financial services offered by VFD Microfinance bank.

The new E-money license allows Wave to directly offer its current suite of financial products to customers.

Catalyst will provide each firm with an investment as large as GBP 80,000 ($105,000) and arrange non-financial support from the staff of BFA and various partner investment and consulting firms.

The Food and Agriculture Organization of the United Nations deepened its work for attracting and de-risking private-sector investments in agri-food systems, targeting public and private agricultural value chains actors as well as private investors, and piloting its interventions in six African countries.

The new products and services offered by the digital banking platform NowNow will further enhance its already existing services, consumer banking, agency banking and merchant payment solutions.