by Harriet Ritchie -

MICROCAPITAL BRIEF: IDB Invest, DFC, FinDev Canada Loan $390m to Davivienda of Colombia for SMEs, Environmental Sustainability, Women

IDB Invest, a member of the US-based Inter-American Development Bank (IDB) Group; the US International Development Finance Corporation (DFC); and FinDev Canada, a subsidiary of government-owned Export Development Canada, recently issued subordinated loans totaling USD 390 million to Colombia’s Banco Davivienda for repayment over 10 years. The deal will “provide new financing for work

by Nathan Kiplagat -

MICROCAPITAL BRIEF: Pan-Atlantic University’s EDC, Mastercard Foundation Launch “Transforming Nigeria Youths Program” to Create 40k Jobs for Young People, Women

The Enterprise Development Centre (EDC) of Nigeria’s Pan-Atlantic University along with the Canada-based Mastercard Foundation recently launched the Transforming Nigerian Youths Program to “create a network of entrepreneurial and managerial changemakers particularly…across the micro-, small and medium-sized enterprises sector in Nigeria.” The goal is to provide 40,000 youth and women with