by Renata Samadova -

MICROCAPITAL BRIEF: Sanad Fund for MSME Raises $26m from ASN Bank, Calvert Impact to Boost Financial Inclusion, Resilience in MENA

The Luxembourg-domiciled Sanad Fund for MSME recently agreed to borrow EUR 15 million (USD 16.5 million) from Algemene Spaarbank voor Nederland (ASN) Bank, a retail banking member of the Netherlands’ de Volksbank, and USD 10 million from the US-based NGO Calvert Impact Capital. Sanad intends to use the fresh funds to facilitate

by Kate Finster -

MICROCAPITAL BRIEF: FEI OGEF Loans $4m to Bboxx to Expand “Pulse” Electric Power Management, Pay-as-you-go Solar Energy in DRC

The Off-Grid Energy Access Fund (OGEF), a debt fund of the Facility for Energy Inclusion (FEI), recently lent USD 4 million to Bboxx, a UK-based solar energy installation and financing firm that is active in Africa and Asia. The loan proceeds are slated to help Bboxx meet its agreement with