All News and Announcements
IFC, SANAD, BIO, Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs
The loan aims to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.
Coronavirus Pandemic Spawns Nigeria Banking Agent Boom
Mobile money firms across Africa are ramping up plans to bring banking to millions after the pandemic caused a surge in the use of digital financial services.
Citi Launches Digitized Documentation for Cross-Border Payments
New offering combines electronic cross-border payments and associated documentation on same platform, cutting days off execution of cross-border payments in South Africa.
African Development Bank Provides $320,535 to Mainstream Gender in Economic Community of West African States' Digital Financial Operations
The funds will support a gender gap analysis of several West African Monetary Agency strategies including those for financial inclusion; gender disaggregation data analytics; digital payment services and infrastructure; and digital identity.
Mastercard and MTN Form African Mobile Money Partnership
Through a Mastercard virtual payment solution linked to MTN MoMo wallets, consumers can now unlock a host of opportunities.
Airtel Zambia & UNCDF Partner to Strengthen Digital Financial Services Across the Country
Airtel Networks Zambia Plc and the UN Capital Development Fund have announced a partnership designed to bring digital financial services closer to Zambians living in remote areas across the country through Airtel Money.
Ethiopia Sees Jump in Mobile Payments Despite COVID-19
COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.
UNCDF Is Boosting Financial Inclusion and Job Creation in Ghana Through Green Innovation Challenge
Applicants can be based anywhere globally, however solutions must focus on youth, women, returning migrants or MSMES in Ashanti and Western regions of Ghana.
Open Request for Proposals: Consumer Protection Research Initiative
The Initiative will accept proposals for full and pilot projects which use randomized controlled trial evaluation to assess the impact of a consumer protection intervention or market monitoring tool.
New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance
The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.