Friday, October 16, 2026
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IFAD and AgDevCo sign $10 million loan agreement to mobilize blended financing for Africa’s next generation of agribusinesses

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Kigali, Rwanda, 3 September 2026. The International Fund for Agricultural Development and AgDevCo Ventures Limited, a subsidiary of AgDevCo, signed a $10 million loan to address critical financing gaps facing early-stage agricultural enterprises across Africa. The investment aims to build more resilient and inclusive food systems while creating pathways for greater private investment in agribusinesses that are often overlooked by conventional lenders.

The investment brings together IFAD funding with long-term, risk-tolerant capital and technical assistance from AgDevCo to support early-stage agribusinesses operating in underserved market segments to scale up, improve productivity, expand market access, and strengthen environmental and social practices. 

“Africa’s food systems need a broader range of financing solutions that match the realities of agricultural businesses at different stages of growth,” said Donal Brown, IFAD Associate Vice-President for Department of Country Operations. “Our partnership with AgDevCo demonstrates how blended finance can unlock investment for promising enterprises, strengthen rural economies and create opportunities for women, young people and small-scale farmers across the continent.”

AXIAN, African Development Bank Launch Digital Finance Programme to Support 34,000 Women-led Businesses in Africa

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AXIAN Group and the African Development Bank have launched a major women’s  financial inclusion programme to expand access to finance and business support for more than 34,000 women-led enterprises in five African countries.

Supported through the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative and the Women Entrepreneurs Finance Initiative (We-Fi), the programme aims to address one of the biggest constraints facing women-owned businesses in Africa – limited access to finance. Africa has the highest rate of female entrepreneurship worldwide, yet women entrepreneurs continue to face an estimated $49 billion financing gap.

The programme will be implemented through AXIAN Group’s digital financial services platforms, Mixx and MVola, which combine digital lending, financial literacy training, business development services and digital inclusion initiatives to help women entrepreneurs grow their businesses and improve access to formal financial services.

Invest in health: ECA trains four countries to make the economic case for health spending

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The African Center of Statistics (ACS) at the UN Economic Commission for Africa (ECA) this week opened a five-day workshop for delegates from Botswana, Ethiopia, Sierra Leone, and Togo, aimed at giving health ministries and statistical offices the tools to show, in economic terms, that health spending is an investment, not a cost. 

The workshop is the first country level activity under ECA’s broader Transforming Health Financing in Africa initiative, with the five countries as first movers. This week’s session covers one part of it: building health focused Social Accounting Matrices (SAMs), economy wide accounts linking health services, financing, households, government, firms, and the rest of the world. Policymakers often know how much is spent on health but struggle to see the bigger picture: where the money comes from, who benefits, how much employment it generates, and how households are affected. The SAM connects data already spread across national accounts, health accounts, household surveys, and other sources into one coherent picture.

William Muhwava, representing the Director of ACS, said a central aim of the week is to “bring these different sources together within a coherent statistical framework” using each country’s own national data, adding: “We are particularly pleased that this exercise is based on country data, not international data, and national ownership.”

Fourth IATA World Sustainability Symposium to take place in October

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The International Air Transport Association (IATA) will hold the fourth World Sustainability Symposium (WSS) in Brussels, Belgium, on 13-14 October 2026. Bringing together leaders from aviation, energy, finance, technology, academia, and government, the event will focus on the policies and actions needed to advance air transport’s transition to net zero carbon emissions by 2050.

Taking place in Brussels, where many of aviation’s most consequential sustainability policies are shaped, WSS will provide a unique opportunity to connect industry leaders and the policymakers responsible for designing the frameworks that will influence aviation’s energy transition. The Symposium will facilitate constructive dialogue to accelerate decarbonization while preserving the economic and social benefits of air connectivity. 

“The air transport industry is committed to achieving net zero carbon emissions by 2050. But airlines’ energy transition cannot happen in isolation. Success depends on increasing renewable energy production for all, building new infrastructure, advancing novel technologies, support investment, transfer risk, and design policies with the whole system in mind. Today, the challenge is constrained not by ambition but by the pace at which interdependent solutions can be developed and scaled.