FMO, the Dutch entrepreneurial development bank, signed a USD 116mn syndicated facility to its existing client Banco Pichincha to finance both green projects and women-owned SMEs in Ecuador. FMO has acted as lead arranger and lender for this transaction, providing
The new Norwegian Climate Investment Fund, managed by Norfund, invested about 600 mn NOK (60 mn USD) in equity in SAEL, an Indian solar, and agri waste-to-energy company. The investment will contribute to offsetting more than 2.8 million tons of
The Ecobank Foundation and UN Women's Regional Office for West and Central Africa signed a partnership agreement to strengthen their respective agendas for promoting women's empowerment in Africa. For the first time, these two key actors in the development of
Equity Group has been feted by the International Finance Corporation (IFC) and the Global SME Finance Awards 2022 as the platinum winner for the Best Financier for Women Entrepreneurs. The Group was also named the silver winner for SME Financier
African fintech iiDENTIFii, scooped first prize at the 2022 KPMG Tech Innovator in Africa Awards. Following the incredible success of the inaugural competition in 2021, KPMG called on tech innovators across the continent to bring their innovations to the table
NMB Bank is the first financial institution in Africa to gain workplace gender equality certification using a global assessment methodology, the Economic Dividends for Gender Equality (EDGE). Launched at the World Economic Forum (WEF) in 2011, EDGE is the leading business
Arise is excited to welcome onboard Melissa Ventura and Ariane Scheepers, who joined Arise in November, as Investment Manager and Investment Analyst respectively. Melissa has more than 10 years of experience in the financial services industry. Prior to joining Arise, she
Mr. Nene has retired from the board of Arise and Mr. Philip Odera has been appointed as his successor, effective 15 January 2023. Mr. Nene joined the board shortly after the formation of Arise and, with the exception of a
Mr Nene has retired from the board of Arise, an African investment company that partners with local financial and non-banking institutions in Sub-Saharan Africa to advance financial inclusion. Mr Nene joined the board shortly after the formation of Arise and, with
