In the frame of this project, AFC, in collaboration with the national statistics office CAPMAS and the Central Bank of Egypt, conducted the first national representative financial inclusion survey in Egypt and build a data set as evidence base and baseline for future monitoring.

With this move, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population.

A memorandum of understanding was signed to promote financial inclusion and to open up multiple avenues for collaboration, including medium to long-term debt funding, Retail TFC, Islamic microfinance funding, and more.

Acquisition in high-growth ESG/impact investing arena enhances DAI’s ability to spur investment in emerging and frontier economies.

The UNDP's RRF2 program aims to support rural organizations made up of a vulnerable populations.

The Consultative Group to Assist the Poor announced yesterday that Sophie Sirtaine has been selected as its new CEO after an extensive international search process.

The refreshed six-year-old National Strategy for Financial Inclusion is meant to make it more current and to reflect the impact of the COVID-19 pandemic and greater digitalization of financial services.

The bank will work in partnership with local banks and financial institutions using best practices in microfinance for provision of Islamic banking services, and will apply an integrated system of financial and non-financial services to support value and supply chains for MSMEs.

MicroRate congratulates all of these entities for the remarkable effort in terms of Institutional and Social Performances, even in the face of an adverse context in the places where they operate.

The mission of the strategic partnership is to tackle the laborious and outdated approach taken by correspondent banks when onboarding respondent banks and managing the periodic review process of counterparties.