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Banyan Global is taking a three-pronged approach to the COVID-19 crisis that focuses on responding in the short-term; planning for long-term recovery; and building resilience for sustainability. Recognizing that COVID-19 is not just a health crisis but is disrupting every aspect of life, from education to livelihoods and from agricultural production to supply-chain and trade bottlenecks, Banyan Global is working synergistically across its practice areas to take a multisectoral approach. Additionally, Banyan Global’s response, recovery, and resilience-building efforts are gendered, socially inclusive, and targeted to the needs of the marginalized, who have been hit hardest by this crisis.
The United States Agency for International Development (USAID)-funded Sustaining Health Outcomes through the Private Sector Plus (SHOPS Plus) project improves health outcomes in Madagascar. Banyan Global leads the access to finance and business strengthening component of the project. The Investing in Excellence program, created by Banyan Global, recognizes the ways in which private health providers like Mr. Patric are leveraging financial support to invest in and improve their health care practices.
In the next decade, nearly 1 billion women like Madame Dieng, the owner of Al Noor Clinic in Petit Mbao, Senegal, will enter the global economy. Banyan Global, working under the United States Agency for International Development (USAID)-funded Sustaining Health Outcomes through the Private Sector Project Plus (SHOPS Plus), built the capacity of local business-development service providers in Senegal to provide business and financial-management training and one-on-one coaching to Madame Dieng and private health providers like her.
On the Strengthening Health Outcomes through the Private Sector (SHOPS) Project in Ghana, Banyan Global works to expand lending to the health sector.
West Africa Trade Hub Signs Deal with Coris Bank, Paving the Way for $17 Million in Loans to Agro-Processors
In 2015, the West Africa Trade and Investment Hub launched an initiative to broaden its network of financial institutions, as most banks in West Africa are risk-adverse and, therefore, often are not often interested in small agribusinesses and start-ups.
The West African impact investment fund Injaro, through its Ghanaian subsidiary, signed a $3.5 million investment agreement with a Ghanaian producer and exporter of pineapple and other fruits.