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News

IFC Finances the City Bank to Help Bangladeshi Companies and Small and Medium Enterprises Impacted by COVID-19

The financing package is part of IFC’s $8 billion global COVID-19 fast-track financing facility, which aims to help companies stay in business.

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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business

Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.

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BBVA to Support Seven International Financial Education Projects

Despite the crisis caused by the outbreak of the global COVID-19 pandemic, BBVA EduFin Research Grants 2020 call for proposals managed to increase its geographic expansion and the number of applications received.

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GGF and DenizBank Expand Access to Green Finance in Turkey with EUR 25 Million Investment

Senior loan of EUR 25 million to new Green for Growth Fund (GGF) partner to increase uptake of renewable energy, energy efficiency, and resource efficiency measures in the country.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

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European Microfinance Week 2020 Goes Online 16 - 20 November

In the face of the current situation with the COVID-19 pandemic e-MFP has taken the decision to gather responsibly and this year EMW 2020 will go online.

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Global Data Says COVID-19 Accelerates Shift to Digital Payments in the Asia-Pacific

As governments issue movement restrictions to help curb COVID-19, businesses accelerated their digital transformation which includes, among others, digital payments.

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IFC Provides $100M to Daycoval to Support SMEs Facing the Impacts of the COVID-19 Pandemic

This loan to Daycoval is being granted as part of IFC’s global response to combat the economic impacts of the COVID-19 pandemic.

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Announcing the Call for Learning Space Concepts at #SEEP2020

SEEP is rewriting the rules for how Learning Spaces go from conception to delivery, through an iterative process that relies heavily on collaboration and co-creation.

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Cambodia: Micro-Loan Borrowers Face COVID-19 Crisis

Debt relief measures by micro-loan providers in Cambodia are failing to alleviate the serious financial burdens on indebted families affected by the COVID-19 pandemic.