The investment aims to strengthen financial assistance for micro, small and medium scale enterprises (MSMEs), particularly those owned by women in Côte D’Ivoire.

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.

This investment solution aims to provide long-term financing to innovative agribusinesses with the goal of mitigating climate change, reducing food loss and promoting climate change resilience in their value chains.

The Africa Digital Financial Inclusion Facility of the African Development Bank has signed a grant agreement for $650,000 with the Government of Chad to provide innovative digital financial and non-financial services to women and youth.

The addition of Owoafara illustrates ShEquity’s unrelenting commitment to providing smart investments for African female entrepreneurs and innovators.

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.

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

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

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.