UK Government and Development Finance Institutions Collaborate to Increase Funding for Agribusiness Expansion
BII and FMO contribute $3 million each to CASA facility. UK Government also funds the CASA initiative for 2024-2026.
Digital Lender Fido Raises $30 Million in Series B Funding Round
Fido, a Ghanaian fintech, has raised a $30 million Series B funding round. Investors in the round include BlueOrchard and FMO.
Moroccan Startup YoLa Fresh Secures USD 7 M Pre-Series A Round
YoLa Fresh secures USD 7 million in pre-Series A funding. The funding round includes Algebra Ventures, E3 Capital, Janngo Capital, and FMO.
Accion Unveils $152.5M Fund to Drive Digital Transformation for Small Business Growth
Accion has introduced the US$152.5 million Accion Digital Transformation Fund (ADTx) to support financial institutions in addressing the needs of small businesses excluded from the financial system. The fund will provide growth capital and strategic assistance for digital transformation.
