News

Michigan Law Students

Learning International Transaction Law on the Ground in Rwanda

During spring break in February, three Michigan Law students traveled far from the familiar confines of the Quadrangle to the verdant, rolling hills of Kigali, Rwanda.

Read Post
Devex Logo

A Kenyan doctor's $20M mission to make sure every child has oxygen

During the COVID-19 pandemic, Kenya was unable to support its population with medical oxygen. A local social enterprise is working to change that....

Read Post
Soil Logo

SOIL Announces Partnership with IDB Lab’s Outcomes for Change Fund (OCF) in Haiti

SOIL is delighted to announce our groundbreaking partnership with IDB Lab’s Outcomes for Change Fund (OCF) in Haiti – the first large-scale Outcomes Fund to be implemented in a fragile country...

Read Post
Waterequity Logo

WaterEquity Announces Final Close of $150 Million Global Access Fund IV Addressing the Global Water Crisis

WaterEquity's Latest Investment Fund Will Deploy Mission-Driven Capital to Deliver Water and Sanitation Solutions for Millions of Low-Income Families Around the World...

Read Post
Dupont Logo

DuPont Joins Collective Investment to Increase Global Water Access

DuPont joins Starbucks, Ecolab, Gap, Reckitt, and the US International Development Finance Corporation to Collectively Improve Water Access for More than 5 Million People...

Read Post
World Business Capital Logo

WBC Announces Closing of $8 Million DFC-Backed Loan to India’s Sonata Finance Supporting Entrepreneurs and Women-Owned Businesses Through 451 Branches

WorldBusiness Capital, Inc. (WBC) announced the closing of an $8 million loan to India’s Sonata Finance Private Limited (Sonata). WBC’s loan is partially guaranteed by United States International...

Read Post
Tugende wins African Banker 2022 Financial Inclusion Award

Tugende wins African Banker 2022 Financial Inclusion Award

ACCRA, GHANA - Tugende, an MSME lending fintech in Uganda and Kenya won the 2022 Financial Inclusion Award at the 2022 African Banker Awards announced on 25 May. The Awards, held in Accra, Ghana in...

Read Post
EarthSpark named “Sustainable Energy Initiative of the Year”

EarthSpark named “Sustainable Energy Initiative of the Year”

I’m delighted to share that EarthSpark’s work in Haiti was named “Sustainable Energy Initiative of the Year” by Island Innovation and The Clinton Global Initiative. Applicants hailed from around...

Read Post
India-Based Asirvad Microfinance Obtains $15 Million Loan from WBC to Support Rural Businesses

India-Based Asirvad Microfinance Obtains $15 Million Loan from WBC to Support Rural Businesses

CHENNAI, INDIA - June 15, 2021 - WorldBusiness Capital, Inc. (WBC) announced the recent closing of a $15 million commercial loan to India’s Asirvad Microfinance Limited.

Read Post
DFC Achieves First Close of $100 Million Loan to WaterEquity’s Global Access Fund to Improve Access to Water and Sanitation

DFC Achieves First Close of $100 Million Loan to WaterEquity’s Global Access Fund to Improve Access to Water and Sanitation

WASHINGTON – U.S. International Development Finance Corporation (DFC) funded the first $25 million tranche of DFC’s $100 million loan...

Read Post
Beyond Clichés – The Case of Feminist Electrification in Haiti

Beyond Clichés – The Case of Feminist Electrification in Haiti

The much vaunted phrase “win-win” doesn’t begin to capture the Haitian rural electrification project I have recently been evaluating.

Read Post
WorldBusiness Capital Closes $15 Million OPIC-Guaranteed Loan to Tengri Bank in Kazakhstan

WorldBusiness Capital Closes $15 Million OPIC-Guaranteed Loan to Tengri Bank in Kazakhstan

ALMATY, KAZAKHSTAN – WorldBusiness Capital, Inc. (WBC) announced the closing of a $15 million, 10-year commercial loan to Tengri Bank JSC (Tengri) of Kazakhstan...

Read Post
Crafted on the Narrow Land