The Brief: Crowdfunding takeoff, SPAC for Black tech founders, African seed fund, climate tech ventures, stock-exchange faceoff

The Brief: Crowdfunding takeoff, SPAC for Black tech founders, African seed fund, climate tech ventures, stock-exchange faceoff

Greetings, Agents of Impact! Featured: ImpactAlpha Original New crowdfunding rules set to boost investment in diverse startups and founders. The SPAC craze is one reaction to the costly and fraught process of taking a company public (see Dealflow, below) . A less flashy capital-raising innovation is quietly gaining traction: investment crowdfunding. New U.S. Securities and […]

Equity Group Holdings signs $100m credit facility with leading European development banks to boost MSMEs

Equity Group Holdings signs $100m credit facility with leading European development banks to boost MSMEs

Equity Group Holdings Plc. has today signed a $100 million USD loan facility with Germany’s DEG, the UK’s CDC Group, and the Netherlands FMO in its continued commitment to walk with MSMEs to survive the pandemic, recover, repurpose and thrive during and after the COVID-19 crisis. In response to the COVID-19 crisis, Equity launched an […]

REFILE-UPDATE 1-Kenya's Equity Group Holdings launches $684 mln loan facility for SMEs

REFILE-UPDATE 1-Kenya’s Equity Group Holdings launches $684 mln loan facility for SMEs

(Fixes typo in SMEs) NAIROBI, March 3 (Reuters) – Kenya’s Equity Group Holdings said on Wednesday it had launched a lending facility worth 75 billion Kenyan shillings ($685 million) to help small and medium-sized enterprises (SMEs) recover from the economic impact of the COVID-19 pandemic. “For the SMEs that have been out of business for […]

Equity Creates A Regional Office for Central and Southern Africa Region

Equity Creates A Regional Office for Central and Southern Africa Region

NAIROBI, Kenya, Feb 16 -Equity Group Holdings has announced the appointment of Yves Cuypers as the first Equity Group Holdings Plc., Regional Director in charge of the Central and Southern Africa Region. Yves is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to […]

Equity Banque Commerciale du Congo S.A. -- Moody's affirms the long-term deposit ratings of two banks based in Democratic Republic of Congo

Equity Banque Commerciale du Congo S.A. — Moody’s affirms the long-term deposit ratings of two banks based in Democratic Republic of Congo

Rating Action: Moody’s affirms the long-term deposit ratings of two banks based in Democratic Republic of CongoGlobal Credit Research – 04 Mar 2021Outlook changed to positive from stable on the long-term bank deposit ratings of Rawbank, and the long-term local currency bank deposit rating of Equity BCDCLondon, 04 March 2021 — Moody’s Investors Service ("Moody’s") […]