All News and Announcements

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News

Call for Microfinance Institutions and Resource Persons in Microinsurance in Ethiopia

The training will touch base on microfinance institutions’ diversification of financial products, risk mitigation mechanisms, the importance of selling insurance products for microfinance institutions and how to develop such products.

News

Guidelines: Expanding Financial Inclusion to Women in Mexico

This document aims to guide financial institutions toward the intentional inclusion of women through concrete actions to adapt their product offering and make the necessary organizational and cultural changes.

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Parabank Launches Credit Offering for People With Disabilities

Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.

News

Ant International and Dock Are Improving Financial Inclusion in Brazil With AI-Driven Credit Tech

Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

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Accelerating Financial Inclusion in Nigeria: Six Key Insights from the 2024 National Savings Group Conference

The conference highlighted the need for a national regulatory framework for savings groups and the establishment of an Apex organization to support them.

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IFC Provides Financing for $200 Million to Banco BICE to Expand Mortgages for Women in Chile

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

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Mastercard: Empowering Africa’s Small Businesses Through Financial Management Technology

To boost the contribution of small businesses and empower them to unlock their full potential, Mastercard pledged to bring 50 million SMMEs worldwide into the digital economy by 2025.

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Mastercard Advocates Financial Inclusion and Economic Growth at Tanzania Industry Forum

The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.

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‘CheGebeya’: An Innovative Digital Supply Chain Financing Initiative for MSMEs in Ethiopia

’Chegebeya’ translated as ’Che Market’ aims to revolutionize the financial ecosystem for Micro, Small, and medium enterprises (MSMEs) in Ethiopia by modernizing the supply chain of Fast-Moving Consumer Goods.

News

Mexican Unicorn Stori Raises $212M to Enhance Financial Inclusion Across Latin America

The company aims to use the new funding to further enhance and expand its product offerings, reinforcing its position as a leader in the Mexican financial sector.