All News and Announcements

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News

Indonesian Financial Services Authority Enacts Consumer and Public Protection Regulation in the Financial Services Sector

The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.

News

ADB Lends $15M to KMF to Boost Financial Inclusion for MSMEs, Post-COVID Growth in Kazakhstan

The loan is intended to boost its services to micro-, small, and medium-sized enterprises – especially in rural areas – to “improve financial inclusion and contribute to Kazakhstan’s recovery from the COVID-19 pandemic.”

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Ghana’s Fido Raises $30M Series A to Broaden Financial Inclusion in Africa

The fintech has now raised $38 million to date and intends to use the fresh capital to launch new financial products in Ghana, expand its customer base throughout the continent.

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New Climate Finance and Energy Innovation Hub to Accelerate Access to Clean and Affordable Energy Throughout the Global South

Designed as a global end-to-end policy and finance platform, the Hub will harness the power of financial innovation to ensure maximum leverage. 

News

Symbiotics Launched Two Green Bonds of $17 Million in Africa With Sun King

The green projects that will be financed  belong to the renewable energy category, in particular solar kits.

News

Tammeyah for Microfinance Services Buys French B2B Marketplace

Tanmeyah, which was founded in 2009, provides working capital for smaller enterprises and reports having 391,000 clients.

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ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan

This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.

News

British International Investment and Symbiotics Partner to Launch First-ever Green Basket Bond Across Africa, South and Southeast Asia

The green lending program will direct much-needed financing to small-scale green projects across Africa, South and Southeast Asia through local MSME banks.

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IFC Financing of up to $100 M to Sudameris Supports the Expansion of Access to Credit for SMEs in Paraguay, with a Focus on Women-owned Enterprises

The loan will increase access to finance for small and medium enterprises (SMEs) in Paraguay, which in turn will have a positive impact on job creation and the economic recovery from the effects caused by the COVID-19 pandemic and climate change.

News

U GRO Capital’s Sectoral Approach Aids Multiple Sustainable Development Goals: Sattva Consulting Impact Assessment Study

This study would be one of India’s first such vendor social diligence undertaken by any Company, in hopes to encourage the entire lending ecosystem to measure, evaluate, and govern the impact performance for their customers.