All News and Announcements

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News

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.

News

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.

News

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.  

News

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.

News

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.

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Ethiopia Sees Jump in Mobile Payments Despite COVID-19

COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.

News

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.

News

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.

News

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.

News

KfW Development Bank Invests EUR 20 Million in the Regional MSME Investment Fund for Sub-Saharan Africa

This investment will help to finance small and medium enterprises with the objective to create jobs in nine countries in Sub-Saharan Africa, that have joined the G20 Compact with Africa program initiated by the German Government.