
Ugandan Coffee Exporter JKCC Receives $6.5 Million Boost from IDH Farmfit Fund
Uganda’s JKCC General Supplies has secured a $6.5 million loan from the IDH Farmfit Fund to support its operations and expand its reach among local coffee farmers.
To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Uganda’s JKCC General Supplies has secured a $6.5 million loan from the IDH Farmfit Fund to support its operations and expand its reach among local coffee farmers.
d.light, a leading provider of affordable solar solutions, has secured a $176 million debt financing deal to expand its reach in Kenya, Tanzania, and Uganda.
Mastercard has announced a $2.04 million investment in a partnership with Wowzi, Africa’s leading influencer marketing platform, and Masria Digital Payments (MDP) to empower African creators.
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