750 lines
45 KiB
Text
750 lines
45 KiB
Text
<!DOCTYPE html>
|
||
<html lang="en" dir="ltr" prefix="og: https://ogp.me/ns#">
|
||
<head>
|
||
<meta charset="utf-8" />
|
||
<noscript><style>form.antibot * :not(.antibot-message) { display: none !important; }</style>
|
||
</noscript><meta name="description" content=" WASHINGTON, D.C. – The U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation Ltd (Finnfund), and Google LLC today announced an initial equity investment of $90 million into Cassava Technologies Limited (“Cassava” or the “Company”)." />
|
||
<link rel="canonical" href="https://www.dfc.gov/media/press-releases/cassava-technologies-receives-90-million-equity-investment-expanding-digital" />
|
||
<meta name="Generator" content="Drupal 10 (https://www.drupal.org)" />
|
||
<meta name="MobileOptimized" content="width" />
|
||
<meta name="HandheldFriendly" content="true" />
|
||
<meta name="viewport" content="width=device-width, initial-scale=1.0" />
|
||
<link rel="icon" href="/sites/default/files/favicon_0.ico" type="image/vnd.microsoft.icon" />
|
||
|
||
<title>Cassava Technologies Receives $90 Million Equity Investment for Expanding Digital Infrastructure Across Africa | DFC</title>
|
||
<link rel="stylesheet" media="all" href="/sites/default/files/css/css_uTvafI_hUR4wVHs-sHuTROgF_ZZ-czHHlR-HKGi7Dj0.css?delta=0&language=en&theme=opictheme&include=eJxlzksKwzAMBNALCftIQbbk4PqjICtxevuW0gRKN8PMW00QsWGKm0-KjadogViYsokuGKMoZen-bi6pdONO8Ab2pPuG1eEDzx-gjFVW4NNq7uXS74TxHMbNBxwMR-Y5_CddE9orw-SQRNsS7m9_8gLW30gz" />
|
||
<link rel="stylesheet" media="all" href="/sites/default/files/css/css_SQj4vNqBQUfJYiIuM0d3EnYuAFRXYtZZz87Na_EhpFU.css?delta=1&language=en&theme=opictheme&include=eJxlzksKwzAMBNALCftIQbbk4PqjICtxevuW0gRKN8PMW00QsWGKm0-KjadogViYsokuGKMoZen-bi6pdONO8Ab2pPuG1eEDzx-gjFVW4NNq7uXS74TxHMbNBxwMR-Y5_CddE9orw-SQRNsS7m9_8gLW30gz" />
|
||
<link rel="stylesheet" media="all" href="/sites/default/files/css/css_tRBRqnYAHCbcohzkWW3c-Xfxx2oueEngDWuNg7oAaFg.css?delta=2&language=en&theme=opictheme&include=eJxlzksKwzAMBNALCftIQbbk4PqjICtxevuW0gRKN8PMW00QsWGKm0-KjadogViYsokuGKMoZen-bi6pdONO8Ab2pPuG1eEDzx-gjFVW4NNq7uXS74TxHMbNBxwMR-Y5_CddE9orw-SQRNsS7m9_8gLW30gz" />
|
||
|
||
<script type="application/json" data-drupal-selector="drupal-settings-json">{"path":{"baseUrl":"\/","pathPrefix":"","currentPath":"node\/9341","currentPathIsAdmin":false,"isFront":false,"currentLanguage":"en"},"pluralDelimiter":"\u0003","suppressDeprecationErrors":true,"ajaxPageState":{"libraries":"eJxlj0sOwjAMRC-UNkeK3NiNDGkmStwWbg_iUxBsRvOe7YUnwLo1qn56t1CbBC1q7lC-omKT9mUMyKbVxbOwGlqgGNFYUfzRxrmhmBR2dyGe21opj6yUkUY60cXJxbKW83v0QpeAlCUYJZ_u8cvP237tJoufqItb-yycsIXXJhXKV9PYfQbxcOAQubhNZe_-keMCXrO4XaYZbQmf__7MDeSFda4","theme":"opictheme","theme_token":null},"ajaxTrustedUrl":{"\/search":true},"gtag":{"tagId":"G-CZF4RDK7QK","consentMode":false,"otherIds":[],"events":[],"additionalConfigInfo":[]},"data":{"extlink":{"extTarget":true,"extTargetAppendNewWindowLabel":"(opens in a new window)","extTargetNoOverride":false,"extNofollow":false,"extTitleNoOverride":false,"extNoreferrer":true,"extFollowNoOverride":false,"extClass":"0","extLabel":"(link is external)","extImgClass":false,"extSubdomains":true,"extExclude":"","extInclude":"","extCssExclude":"","extCssInclude":"","extCssExplicit":"","extAlert":true,"extAlertText":"This link will direct you to a non-government website that may have different privacy policies from those of U.S. International Development Finance Corporation.","extHideIcons":false,"mailtoClass":"0","telClass":"","mailtoLabel":"(link sends email)","telLabel":"(link is a phone number)","extUseFontAwesome":false,"extIconPlacement":"append","extPreventOrphan":false,"extFaLinkClasses":"fa fa-external-link","extFaMailtoClasses":"fa fa-envelope-o","extAdditionalLinkClasses":"","extAdditionalMailtoClasses":"","extAdditionalTelClasses":"","extFaTelClasses":"fa fa-phone","whitelistedDomains":[".*\\.gov"],"extExcludeNoreferrer":""}},"ckeditorAccordion":{"accordionStyle":{"collapseAll":1,"keepRowsOpen":1,"animateAccordionOpenAndClose":1,"openTabsWithHash":1}},"bootstrap":{"forms_has_error_value_toggle":1,"popover_enabled":1,"popover_animation":1,"popover_auto_close":1,"popover_container":"body","popover_content":"","popover_delay":"0","popover_html":0,"popover_placement":"right","popover_selector":"","popover_title":"","popover_trigger":"click","tooltip_enabled":1,"tooltip_animation":1,"tooltip_container":"body","tooltip_delay":"0","tooltip_html":0,"tooltip_placement":"auto left","tooltip_selector":"","tooltip_trigger":"hover"},"ajax":[],"user":{"uid":0,"permissionsHash":"cbd3e607698f768629a50c5cbf9e9b7caaf682beaed6e45057cfbc1e29c08fe7"}}</script>
|
||
<script src="/sites/default/files/js/js_nZYFlGBcC1lhcDXlbBvaiRGTy1iAjVF4Kt3C2_3aBD0.js?scope=header&delta=0&language=en&theme=opictheme&include=eJxlj0EOgzAMBD8UyJMiE5vIJc1GwVD6-yIVaNVerJ1Z7cEDYLM1qn44U6hNghY1dylfUbFK-zIGZNPq4iSshhYoRjRWFH-lfmwoJoXdLsRzWyrlnpUyUk832pxslrVMZ3WgS0DKEoyST_v55fd2mUfhhDUcLRXKT9M4-wzi7sIucnEPGUa0e_g88Gded9dpqA"></script>
|
||
<script src="/modules/contrib/google_tag/js/gtag.js?st4u1z"></script>
|
||
<script src="https://dap.digitalgov.gov/Universal-Federated-Analytics-Min.js?agency=DFC&yt=true" id="_fed_an_ua_tag" async></script>
|
||
|
||
</head>
|
||
<body class="path-node page-node-type-press-release">
|
||
<a href="#main-content" class="visually-hidden focusable skip-link">
|
||
Skip to main content
|
||
</a>
|
||
|
||
<div class="dialog-off-canvas-main-canvas" data-off-canvas-main-canvas>
|
||
|
||
<header id="navbar" role="banner">
|
||
<div class="navbar navbar-default container" id="wrap-header">
|
||
<div class="navbar-header">
|
||
<div class="region region-navigation">
|
||
<a class="logo navbar-btn pull-left" href="/" title="Home" rel="home">
|
||
<img src="/sites/default/files/logo.png" alt="Home" />
|
||
</a>
|
||
<a class="name navbar-brand" href="/" title="Home" rel="home">DFC</a>
|
||
|
||
</div>
|
||
|
||
<div id="nav-icon4">
|
||
<span></span>
|
||
<span></span>
|
||
<span></span>
|
||
</div>
|
||
</div>
|
||
|
||
<div id="navbar-collapse" class="navbar-collapse collapse">
|
||
<div class="region region-navigation-collapsible">
|
||
<nav role="navigation" aria-labelledby="block-opictheme-main-menu-menu" id="block-opictheme-main-menu" data-block-plugin-id="system_menu_block:main">
|
||
|
||
<h2 class="visually-hidden" id="block-opictheme-main-menu-menu">Main navigation</h2>
|
||
|
||
|
||
|
||
<ul block="block-opictheme-main-menu" class="menu menu--main nav navbar-nav">
|
||
<li class="expanded dropdown first">
|
||
<a href="/about-us" class="extra-width dropdown-toggle" data-toggle="dropdown" data-drupal-link-system-path="node/1681">Who We Are <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/about-us" data-drupal-link-system-path="node/1681">About Us</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/contact" data-drupal-link-system-path="node/936">Contact</a>
|
||
</li>
|
||
<li class="expanded dropdown last">
|
||
<a href="/who-we-are/our-people/executive-staff" data-drupal-link-system-path="node/1281">Our People</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/who-we-are/our-people/executive-staff" data-drupal-link-system-path="node/1281">Executive Staff</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/our-people/board-directors" data-drupal-link-system-path="node/1276">Board of Directors</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/who-we-are/our-people/development-advisory-council" data-drupal-link-system-path="node/4786">Development Advisory Council</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="expanded dropdown">
|
||
<a href="/what-we-do/our-work" class="dropdown-toggle" data-toggle="dropdown" data-drupal-link-system-path="node/196">What We Do <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="expanded dropdown first">
|
||
<a href="/what-we-do/our-work" data-drupal-link-system-path="node/196">Our Work</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/our-impact/our-work#regions">Regions</a>
|
||
</li>
|
||
<li>
|
||
<a href="/our-impact/our-work#sectors">Sectors</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/our-impact/our-work#initiatives">Initiatives</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li>
|
||
<a href="/what-we-do/active-projects" data-drupal-link-system-path="node/26">Active Projects</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/what-we-do/investment-stories" data-drupal-link-system-path="node/1896">Investment Stories</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="expanded dropdown">
|
||
<a href="/what-we-offer/our-products" class="dropdown-toggle" data-toggle="dropdown" data-drupal-link-system-path="node/56">What We Offer <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="expanded dropdown first">
|
||
<a href="/what-we-offer/our-products" data-drupal-link-system-path="node/56">Our Products</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/what-we-offer/our-products/debt-financing" data-drupal-link-system-path="node/166">Debt Financing</a>
|
||
</li>
|
||
<li>
|
||
<a href="/what-we-offer/our-products/equity-investments" data-drupal-link-system-path="node/161">Equity Investments</a>
|
||
</li>
|
||
<li>
|
||
<a href="/what-we-offer/our-products/investment-funds" data-drupal-link-system-path="node/5266">Investment Funds</a>
|
||
</li>
|
||
<li>
|
||
<a href="/what-we-offer/our-products/technical-assistance-feasibility-studies" data-drupal-link-system-path="node/1266">Feasibility Studies</a>
|
||
</li>
|
||
<li>
|
||
<a href="/what-we-offer/our-products/political-risk-insurance" data-drupal-link-system-path="node/156">Political Risk Insurance</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/what-we-offer/our-products/technical-assistance-feasibility-studies" data-drupal-link-system-path="node/1266">Technical Assistance</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="expanded dropdown">
|
||
<a href="/what-we-offer/work-with-us" data-drupal-link-system-path="node/51">Work With Us</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/what-we-offer/work-with-us/where-we-work" data-drupal-link-system-path="node/181">Where We Work</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/what-we-offer/work-with-us/eligibility-checklist" data-drupal-link-system-path="node/191">Eligibility Checklist</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="last">
|
||
<a href="/apply" data-drupal-link-system-path="node/6">Apply</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="first-col-wide second-col-narrow expanded dropdown">
|
||
<a href="/our-impact/approach-to-impact" class="dropdown-toggle" data-toggle="dropdown" data-drupal-link-system-path="node/7171">Our Impact <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/our-impact/approach-to-impact" data-drupal-link-system-path="node/7171">Approach to Impact</a>
|
||
</li>
|
||
<li>
|
||
<a href="/our-impact/transaction-data" data-drupal-link-system-path="node/6471">Transaction Data</a>
|
||
</li>
|
||
<li>
|
||
<a href="/our-impact/reports" data-drupal-link-system-path="node/1991">Reports</a>
|
||
</li>
|
||
<li class="expanded dropdown last">
|
||
<a href="/our-impact/transparency" data-drupal-link-system-path="node/61">Transparency</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="desktop-hidden first">
|
||
<a href="/our-impact/transparency" data-drupal-link-system-path="node/61">Overview</a>
|
||
</li>
|
||
<li>
|
||
<a href="/our-impact/transparency/independent-accountability-mechanism" data-drupal-link-system-path="node/41">Independent Accountability Mechanism</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/oig" data-drupal-link-system-path="node/5211">Office of Inspector General</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="expanded dropdown">
|
||
<a href="/media/press-releases" class="dropdown-toggle" data-toggle="dropdown">Media <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/media/newsroom" data-drupal-link-system-path="media/newsroom">Newsroom</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/media/speeches-testimony" data-drupal-link-system-path="media/speeches-testimony">Speeches & Testimony</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="megamenu-children-hidden mobile-children-hidden expanded dropdown last">
|
||
<a href="/who-we-are/careers" class="dropdown-toggle" data-toggle="dropdown" data-drupal-link-system-path="node/8381">Careers <span class="caret"></span></a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="desktop-hidden first">
|
||
<a href="/who-we-are/careers" data-drupal-link-system-path="node/8381">Overview</a>
|
||
</li>
|
||
<li class="desktop-children-hidden no-active-highlight expanded dropdown">
|
||
<a href="/who-we-are/careers#hiring-paths-at-dfc" data-drupal-link-system-path="node/8381">Hiring Paths</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/who-we-are/careers/current-former-federal-employees" data-drupal-link-system-path="node/8426">Current & Former Federal Employees</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/general-public" data-drupal-link-system-path="node/8376">General Public</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/individuals-with-disabilities" data-drupal-link-system-path="node/8416">Individuals with Disabilities</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/military-spouses" data-drupal-link-system-path="node/8421">Military Spouses</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/peace-corps-americorps-vista" data-drupal-link-system-path="node/8406">Peace Corps and AmeriCorps VISTA</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/students" data-drupal-link-system-path="node/8401">Students and Recent Graduates</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/who-we-are/careers/veterans" data-drupal-link-system-path="node/8411">Veterans</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="desktop-children-hidden no-active-highlight expanded dropdown">
|
||
<a href="/who-we-are/careers#career-paths-at-dfc" data-drupal-link-system-path="node/8381">Career Paths</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first">
|
||
<a href="/who-we-are/careers/administrative" data-drupal-link-system-path="node/8451">Administrative</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/environmental-economic-social-impact" data-drupal-link-system-path="node/8441">Environmental, Economic, and Social Impact</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/finance-equity-investment-management" data-drupal-link-system-path="node/8436">Finance, Equity, and Investment Management</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/human-resources" data-drupal-link-system-path="node/8461">Human Resources</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/information-technology" data-drupal-link-system-path="node/8456">Information Technology</a>
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/lawyers-paralegals" data-drupal-link-system-path="node/8431">Lawyers & Paralegals</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/who-we-are/careers/public-legislative-affairs" data-drupal-link-system-path="node/8446">Public & Legislative Affairs</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li class="no-active-highlight">
|
||
<a href="/who-we-are/careers#employee-benefits" data-drupal-link-system-path="node/8381">Benefits</a>
|
||
</li>
|
||
<li class="expanded dropdown">
|
||
<a href="/who-we-are/careers/events" class="desktop-children-hidden" data-drupal-link-system-path="node/8396">Events</a>
|
||
<ul block="block-opictheme-main-menu" class="dropdown-menu">
|
||
<li class="first last">
|
||
<a href="/who-we-are/careers/events/archive" data-drupal-link-system-path="node/8776">Events Archive</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
<li>
|
||
<a href="/who-we-are/careers/faqs" data-drupal-link-system-path="node/9491">FAQs</a>
|
||
</li>
|
||
<li class="last">
|
||
<a href="/who-we-are/careers/fairchanceact" data-drupal-link-system-path="node/8911">Fair Chance Act</a>
|
||
</li>
|
||
</ul>
|
||
|
||
</li>
|
||
</ul>
|
||
|
||
|
||
</nav>
|
||
|
||
</div>
|
||
|
||
<div >
|
||
<a id="search-btn" href="#" alt="Search Site" >Search...</a>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div id="main-menu-mobile">
|
||
<div class="region region-mobile-menu">
|
||
<section class="views-exposed-form block block-views block-views-exposed-filter-blockdfcsearch-page-1 clearfix" data-drupal-selector="views-exposed-form-dfcsearch-page-1" id="block-exposedformdfcsearchpage-1" data-block-plugin-id="views_exposed_filter_block:dfcsearch-page_1">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
<form block="block-exposedformdfcsearchpage-1" action="/search" method="get" id="views-exposed-form-dfcsearch-page-1" accept-charset="UTF-8">
|
||
<div class="form--inline form-inline clearfix">
|
||
<div class="form-item js-form-item form-type-textfield js-form-type-textfield form-item-keywords js-form-item-keywords form-group">
|
||
<label for="edit-keywords" class="control-label">Search Keywords</label>
|
||
|
||
|
||
<input data-drupal-selector="edit-keywords" class="form-text form-control" type="text" id="edit-keywords" name="keywords" value="" size="30" maxlength="128" />
|
||
|
||
|
||
|
||
</div>
|
||
<div data-drupal-selector="edit-actions" class="form-actions form-group js-form-wrapper form-wrapper" id="edit-actions"><button data-drupal-selector="edit-submit-dfcsearch" class="button js-form-submit form-submit btn-info btn" type="submit" id="edit-submit-dfcsearch" value="Apply">Apply</button></div>
|
||
|
||
</div>
|
||
|
||
</form>
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
</header>
|
||
|
||
|
||
|
||
<div class="secondary-header">
|
||
<div class="region region-secondary-header">
|
||
<nav role="navigation" aria-labelledby="block-dfctopmenu-media-menu" id="block-dfctopmenu-media" class="menu-second-level" data-block-plugin-id="menu_block:main">
|
||
|
||
<h2 class="visually-hidden" id="block-dfctopmenu-media-menu">DFC Top Menu - Media items</h2>
|
||
|
||
|
||
|
||
|
||
<div class="container">
|
||
<ul class="breadcrumb">
|
||
<li>
|
||
<a href="/media/newsroom" data-drupal-link-system-path="media/newsroom">Newsroom</a>
|
||
</li>
|
||
<li>
|
||
<a href="/media/speeches-testimony" data-drupal-link-system-path="media/speeches-testimony">Speeches & Testimony</a>
|
||
</li>
|
||
</ul>
|
||
|
||
|
||
|
||
</div>
|
||
|
||
</nav>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
|
||
<div id="main-content" role="main" class="main-container js-quickedit-main-content">
|
||
|
||
|
||
<div class="content-top">
|
||
<div class="region region-content-top">
|
||
<section class="views-element-container block block-views block-views-blockbanner-block-1 clearfix" id="block-views-block-banner-block-1" data-block-plugin-id="views_block:banner-block_1">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
<div block="block-views-block-banner-block-1" class="form-group"><div class="page-banner view view-banner view-id-banner view-display-id-block_1 js-view-dom-id-3559536d874e6c96e2ca021cae0350d13b263e61f7826685784fae4811fb54a1">
|
||
|
||
|
||
|
||
<div class="view-content">
|
||
<div class=" image- views-row"><div><div class="nobanner-title">
|
||
<div class="container">
|
||
<h1>Cassava Technologies Receives $90 Million Equity Investment for Expanding Digital Infrastructure Across Africa </h1>
|
||
</div>
|
||
</div></div></div>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
</div>
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
<div class="content-main container">
|
||
<div class="row">
|
||
|
||
|
||
|
||
<section class="col-sm-12">
|
||
|
||
<div class="highlighted"> <div class="region region-highlighted">
|
||
<div data-drupal-messages-fallback class="hidden"></div>
|
||
<section id="block-cssoverridestemporary" data-block-plugin-id="block_content:dae16b88-5dcc-45d3-b3a8-d971c79c4fd5" class="block block-block-content block-block-contentdae16b88-5dcc-45d3-b3a8-d971c79c4fd5 clearfix">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
|
||
<div class="field field--name-body field--type-text-with-summary field--label-hidden field--item">
|
||
|
||
|
||
<style>
|
||
|
||
</style>
|
||
</div>
|
||
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
</div>
|
||
|
||
|
||
<div class="region region-content">
|
||
|
||
<article class="press-release full clearfix">
|
||
|
||
|
||
|
||
|
||
|
||
<div class="content">
|
||
|
||
<div class="field field--name-field-newsroom-type field--type-entity-reference field--label-hidden field--item">Media Release</div>
|
||
|
||
<div class="field field--name-field-date field--type-datetime field--label-hidden field--item"><time datetime="2024-12-16T12:00:00Z">December 16, 2024</time>
|
||
</div>
|
||
|
||
<div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p> </p><p><strong>WASHINGTON, D.C.</strong> – The U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation Ltd (Finnfund), and Google LLC today announced an initial equity investment of $90 million into Cassava Technologies Limited (“Cassava” or the “Company”).</p><p>Cassava is a market-leading and diversified information and communications technology (ICT) platform in Africa. Operating in over 30 countries, Cassava provides digital infrastructure and digital solutions to mostly enterprise and hyperscale customers across Africa with its primary operations in broadband connectivity, co-location (data centers), cloud, cybersecurity and payment solutions.</p><p>Sub-Saharan Africa is one of the world’s fastest growing markets for internet demand, yet the region’s digital infrastructure regularly suffers from underinvestment. Cassava’s vital digital infrastructure is serving this market demand through its network of interconnected data centers and over 110,000 kilometers of fiber network. The equity investment round will support Cassava’s effort to expand its digital infrastructure and enhance connectivity across the continent, connecting millions of individuals and businesses to the internet.</p><blockquote><p>“DFC is committed to expanding digital infrastructure in the markets where we work to connect local communities to the world and unlock economic potential. Our investment in Cassava Technologies is a premier example of this effort. We are proud to be partnering with Cassava and with our counterparts at Google and Finnfund to help bridge the digital divide through reliable internet access, creating new opportunities for prosperity in Africa,” said <strong>Scott Nathan</strong>, DFC CEO.</p></blockquote><blockquote><p>“Finnfund has a longstanding commitment towards supporting private sector development in Sub-Saharan Africa with a special focus on digital sector growth. We are glad to support Cassava Technologies’ platform rollout in Sub-Saharan Africa amid the digital revolution. The flagship investment will have high development impacts across Cassava’s business verticals,” said <strong>Jaakko Kangasniemi</strong>, Finnfund CEO and Managing Director.</p></blockquote><blockquote><p>“Improved and more reliable access to the internet, enabled by Cassava’s platform, will contribute, for example, to the digital and financial inclusion of micro, small, and medium-sized enterprises. I also wish to highlight that this investment is made with support from the European Union and the European Fund for Sustainable Development Plus, one of the financing tools of Global Gateway,” said <strong>Kangasniemi</strong>.</p></blockquote><blockquote><p>“The investment by DFC, Google and Finnfund will further support the roll-out of our digital infrastructure and digital services across Africa. This, together with support from our existing shareholders is a validation of our vision of becoming the leading digital solutions provider in our chosen markets and cements our position as the largest technology company in Africa,” said <strong>Hardy Pemhiwa</strong>, President and Group CEO of Cassava Technologies.</p></blockquote><p>The continent requires substantial digital infrastructure investment to drive economic growth. With Cassava operating across several countries, markets and industries, the investment by DFC, Google and Finnfund will enable broad-based economic growth across the African continent within key industries.</p><p class="text-align-center">### </p><p><strong>About DFC</strong></p><p><em>The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. </em></p><p><strong>About Cassava Technologies</strong></p><p><em>Cassava Technologies is a global technology leader of African heritage providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Headquartered in the UK, Cassava has a presence across Africa, the Middle East, Latin America, and the United States. Through its business units, namely, Cassava AI, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, and Sasai Fintech, the company provides its customers products and services in 94 countries. These solutions drive the company’s ambition of establishing itself as a leading global technology company of African heritage. For more information, please visit cassavatechnologies.com. </em></p><p><strong>About Finnfund</strong></p><p><em>Finnfund is a Finnish development financier and impact investor. Finnfund builds a sustainable future and generates lasting impact by investing in businesses that solve global development challenges. They invest €200 million–€250 million in 20–30 companies in developing countries each year. Finnfund’s focus sectors include renewable energy, sustainable forestry, sustainable agriculture, financial institutions, and digital infrastructure and solutions. Today, Finnfund’s investments, commitments, and investment decisions total about €1.22 billion, half of them in Africa. The company has 100 employees based in Helsinki and Nairobi. This investment is made with support from the European Union and the European Fund for Sustainable Development Plus (EFSD+), one of the financing tools of Global Gateway, promoting sustainable investments in the EU’s partner countries. Finnfund has utilized an EFSD+ guarantee under the Africa Connected program, which supports investments into rural connectivity solutions, access to data, and digital solutions in sub-Saharan Africa. For more information, please visit finnfund.fi. </em></p></div>
|
||
|
||
</div>
|
||
|
||
</article>
|
||
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
</div>
|
||
</div>
|
||
|
||
<div class="content-bottom row">
|
||
</div>
|
||
</div>
|
||
|
||
|
||
|
||
|
||
<footer class="footer" role="contentinfo">
|
||
|
||
<div class="container">
|
||
<div class="row">
|
||
|
||
<div class="section-footer footer-first col-md-5">
|
||
<div class="region region-footer-first">
|
||
<section id="block-footerlogo" data-block-plugin-id="block_content:c836b137-7595-414f-b042-6f42ece9a9b6" class="block block-block-content block-block-contentc836b137-7595-414f-b042-6f42ece9a9b6 clearfix">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
|
||
<div class="field field--name-body field--type-text-with-summary field--label-hidden field--item">
|
||
|
||
|
||
<div class="footer-logo"><a href="/" title="DFC home page"><img alt="DFC Logo" src="/themes/custom/opictheme/images/logo-footer-lg.png"></a></div>
|
||
|
||
</div>
|
||
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
<div class="section-footer footer-second col-md-7">
|
||
<div class="region region-footer-second">
|
||
<nav role="navigation" aria-labelledby="block-footersociallinks-menu" id="block-footersociallinks" class="block-social-links" data-block-plugin-id="system_menu_block:footer---social-links">
|
||
|
||
<h2 id="block-footersociallinks-menu">Follow Us</h2>
|
||
|
||
|
||
|
||
<ul block="block-footersociallinks" class="menu menu--footer---social-links nav">
|
||
<li class="first">
|
||
|
||
|
||
<a href="https://x.com/DFCgov" class="social social-twitter" target="_blank"> <i class="fab fa-brands fa-x-twitter"></i><span class="visually-hidden">X-Twitter</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
<li>
|
||
|
||
|
||
<a href="https://www.linkedin.com/company/dfcgov" class="social social-linkedin" target="_blank"> <i class="fab fa-brands fa-linkedin-in"></i><span class="visually-hidden">LinkedIn-in</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
<li>
|
||
|
||
|
||
<a href="https://instagram.com/dfcgov" class="social social-instagram" target="_blank"> <i class="fab fa-brands fa-instagram"></i><span class="visually-hidden">Instagram</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
<li>
|
||
|
||
|
||
<a href="https://www.facebook.com/DFCgov/" class="social social-facebook" target="_blank"> <i class="fab fa-brands fa-facebook-f"></i><span class="visually-hidden">Facebook-f</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
<li>
|
||
|
||
|
||
<a href="https://www.youtube.com/channel/UCX6mvT0jM3R-1iuliisYXNg" class="social social-youtube" target="_blank"> <i class="fab fa-brands fa-youtube"></i><span class="visually-hidden">YouTube</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
<li class="last">
|
||
|
||
|
||
<a href="https://dfcgov.medium.com/" class="social social-medium" target="_blank"> <i class="fab fa-brands fa-medium"></i><span class="visually-hidden">Medium</span>
|
||
</a>
|
||
|
||
|
||
</li>
|
||
</ul>
|
||
|
||
|
||
</nav>
|
||
<section id="block-stayintouchfooteremailsubscribeform" class="block-stay-in-touch hidden-xs hidden-sm block block-block-content block-block-contentfc2e8a3f-ba60-496b-a235-b918444f2cc2 clearfix" data-block-plugin-id="block_content:fc2e8a3f-ba60-496b-a235-b918444f2cc2">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
|
||
<div class="field field--name-body field--type-text-with-summary field--label-hidden field--item">
|
||
|
||
|
||
<div class="ctct-form-embed form_1"><div class="ctct-form-defaults"><div class="ctct-form-custom">
|
||
<p class="ctct-form-header">Stay connected with DFC news and updates!</p>
|
||
<a href="https://visitor.constantcontact.com/manage/optin?v=001otgrF9G1e5mPqgBeqnc-S5UhHyUpMsugLxh4fZUK9GT0N9SHa0abktC_U3ixYvqndjteVogR5WuHQ3IBbx9dw4vZmj_g1E1EkLKQ17NwVVZJzlVVOK3VRThHq5yLTZHWwouS6mSGwHhLYKqzhjZcXxvHK058-XbUxWHMDAAi8q0%3D" target="_blank" class="ctct-form-button">Sign Up</a>
|
||
</div></div></div>
|
||
</div>
|
||
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
<div class="row"><div class="row-divider"></div></div>
|
||
<div class="row">
|
||
|
||
<div class="section-footer footer-bottom-first flex-item flex-grow-0">
|
||
<div class="region region-footer-bottom-first">
|
||
<section id="block-footercontactinformationblock" class="hidden-xs hidden-sm block block-block-content block-block-contente27895a0-c357-4200-af17-38998336efba clearfix" data-block-plugin-id="block_content:e27895a0-c357-4200-af17-38998336efba">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
|
||
<div class="field field--name-body field--type-text-with-summary field--label-hidden field--item">
|
||
|
||
|
||
<p>U.S. International Development Finance Corporation<br>1100 New York Ave NW, Washington, DC 20527<br><a href="mailto:Info@dfc.gov">Info@dfc.gov</a> | +1 (202) 336-8400</p>
|
||
</div>
|
||
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
<div class="section-footer footer-bottom-second flex-item flex-grow-0">
|
||
<div class="region region-footer-bottom-second">
|
||
<nav role="navigation" aria-labelledby="block-footerquicklinks1-menu" id="block-footerquicklinks1" class="block-quick-links" data-block-plugin-id="menu_block:footer---quick-links-1">
|
||
|
||
<h2 class="visually-hidden" id="block-footerquicklinks1-menu">Footer - Quick Links 1</h2>
|
||
|
||
|
||
|
||
<ul>
|
||
<li class="first">
|
||
|
||
<a href="https://www.whitehouse.gov/" target="_blank">White House</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="https://www.usa.gov/" target="_blank">usa.gov</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/oig" data-drupal-link-system-path="node/5211">Office of Inspector General</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/who-we-are/careers" data-drupal-link-system-path="node/8381">DFC Careers</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/privacy" data-drupal-link-system-path="node/1081">Privacy</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/whistleblower-protection" data-drupal-link-system-path="node/9211">Whistleblower Protection</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/vulnerability-disclosure-policy" data-drupal-link-system-path="node/5541">Vulnerability Disclosure Form</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/who-we-are-transparency/information-quality-guidelines">Information Quality Guidelines</a>
|
||
|
||
</li>
|
||
<li>
|
||
|
||
<a href="/foia" data-drupal-link-system-path="node/1316">FOIA</a>
|
||
|
||
</li>
|
||
<li class="last">
|
||
|
||
<a href="/equal-employment-opportunity" data-drupal-link-system-path="node/1091">No FEAR Act/EEO</a>
|
||
|
||
</li>
|
||
</ul>
|
||
|
||
|
||
</nav>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
</div>
|
||
|
||
|
||
</footer>
|
||
|
||
<!-- Modal -->
|
||
<div class="modal fade" id="searchModal" tabindex="-1" role="dialog" aria-labelledby="searchModalLabel">
|
||
<div class="modal-dialog" role="document">
|
||
<div class="modal-content">
|
||
<div class="modal-header">
|
||
<button type="button" class="close" data-dismiss="modal" aria-label="Close"><span aria-hidden="true">×</span></button>
|
||
|
||
</div>
|
||
<div class="modal-body">
|
||
<div id="searchModalLabel" class="visually-hidden">Search</div>
|
||
<div class="region region-search-section">
|
||
<section class="views-exposed-form block block-views block-views-exposed-filter-blockdfcsearch-page-1 clearfix" data-drupal-selector="views-exposed-form-dfcsearch-page-1" id="block-exposedformdfcsearchpage-1-2" data-block-plugin-id="views_exposed_filter_block:dfcsearch-page_1">
|
||
|
||
<div class="wrap-block-content" >
|
||
|
||
|
||
|
||
<form block="block-exposedformdfcsearchpage-1-2" action="/search" method="get" id="views-exposed-form-dfcsearch-page-1" accept-charset="UTF-8">
|
||
<div class="form--inline form-inline clearfix">
|
||
<div class="form-item js-form-item form-type-textfield js-form-type-textfield form-item-keywords js-form-item-keywords form-group">
|
||
<label for="edit-keywords" class="control-label">Search Keywords</label>
|
||
|
||
|
||
<input data-drupal-selector="edit-keywords" class="form-text form-control" type="text" id="edit-keywords" name="keywords" value="" size="30" maxlength="128" />
|
||
|
||
|
||
|
||
</div>
|
||
<div data-drupal-selector="edit-actions" class="form-actions form-group js-form-wrapper form-wrapper" id="edit-actions"><button data-drupal-selector="edit-submit-dfcsearch" class="button js-form-submit form-submit btn-info btn" type="submit" id="edit-submit-dfcsearch" value="Apply">Apply</button></div>
|
||
|
||
</div>
|
||
|
||
</form>
|
||
|
||
</div>
|
||
|
||
</section>
|
||
|
||
|
||
</div>
|
||
|
||
</div>
|
||
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
|
||
|
||
</div>
|
||
|
||
|
||
<script src="/sites/default/files/js/js_tncSijX9AMJf55S6qdA3CRMUapWrkxKrwZ8bVkEYa54.js?scope=footer&delta=0&language=en&theme=opictheme&include=eJxlj0EOgzAMBD8UyJMiE5vIJc1GwVD6-yIVaNVerJ1Z7cEDYLM1qn44U6hNghY1dylfUbFK-zIGZNPq4iSshhYoRjRWFH-lfmwoJoXdLsRzWyrlnpUyUk832pxslrVMZ3WgS0DKEoyST_v55fd2mUfhhDUcLRXKT9M4-wzi7sIucnEPGUa0e_g88Gded9dpqA"></script>
|
||
<script src="/modules/contrib/ckeditor_accordion/js/accordion.frontend.min.js?st4u1z"></script>
|
||
<script src="/sites/default/files/js/js_EwP1g21rgEUmrjJWRMKyjSB9xM-ojDfw9xrttDsWUgA.js?scope=footer&delta=2&language=en&theme=opictheme&include=eJxlj0EOgzAMBD8UyJMiE5vIJc1GwVD6-yIVaNVerJ1Z7cEDYLM1qn44U6hNghY1dylfUbFK-zIGZNPq4iSshhYoRjRWFH-lfmwoJoXdLsRzWyrlnpUyUk832pxslrVMZ3WgS0DKEoyST_v55fd2mUfhhDUcLRXKT9M4-wzi7sIucnEPGUa0e_g88Gded9dpqA"></script>
|
||
|
||
<!-- Begin Constant Contact Active Forms -->
|
||
<script> var _ctct_m = "0eb37dc01ce1ed40c78e6ca251e2da67"; </script>
|
||
<script id="signupScript" src="//static.ctctcdn.com/js/signup-form-widget/current/signup-form-widget.min.js" async defer></script>
|
||
<!-- End Constant Contact Active Forms -->
|
||
|
||
</body>
|
||
</html>
|