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Global Fund Invites Zim To Apply For US$75 Million Grant Access


By Alois Vinga
INTERNATIONAL financier, Global Fund (GF) has invited Zimbabwe to submit a funding request in order to access the US$75 million Covid-19 Response Mechanism grant extended to the embattled nation this year.
The fund is a shot in the arm for the Southern Africa nation which has been denied external credits under a prolonged American and EU sanctions regime.
Since the inception of the Second Republic in 2018, the government pursued an international re-engagement plan after decades of isolation from the international community, a strategy which some believe is beginning to pay off.
A copy of the letter dated April 7 2021, written by GF’s Division Head, Grant Management, Mark Eldon-Edington and addressed to the Health Ministry secretary, Jasper Chimedza advised the latter to submit a request. ....

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Reg CF: Honeycomb Credit Raises $1.75 in Seed Funding led by American Family Insurance


Reg CF: Honeycomb Credit Raises $1.75 in Seed Funding led by American Family Insurance
March 15, 2021 @ 3:05 pm By JD Alois
Honeycomb Credit, a Reg CF funding portal that operates as a bank replacement loan marketplace, has raised $1.75 million in Seed funding. The round was led by the
American Family Insurance Institute for Corporate and Social Impact, a VC firm that is affiliated with the American Family Insurance group. Other organizations participating in the round include Innovation Works, K50 Ventures (Formerly Kairos), The Urban Redevelopment Authority of Pittsburgh, Reinforced Ventures, and Flight.vc.
Honeycomb states that the investment is one of the first examples of a major financial services organization recognizing Regulation CF as a viable, scalable way to drive capital more equitably to Main Street businesses. ....

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