All News and Announcements

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News

IFC, Rwanda Capital Markets Authority and Central Bank Join Forces to Boost Access to Long-Term Finance for Small Businesses

The four-year partnership will help expand access to long-term local currency finance in Rwanda for key sectors such as housing, agribusiness, and smaller businesses.

News

Africa’s Financial Regulators Prioritize de-Risking of Vulnerable Groups

Women, youth and micro, small and medium enterprises in Africa are most at-risk of financial exclusion during COVID-19, say Bank of Tanzania and Alliance for Financial Inclusion.

News

IFC and FMO Partner With I&M Bank Ltd. to Support Small and Medium-Sized Businesses in Kenya

The loan will help smaller businesses across a range of sectors in Kenya access financing for working capital, expansion, and to weather the effects of COVID-19.

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IFC Supports Garanti BBVA Leasing to Boost Financing for Small Businesses in Romania, Accelerate Recovery

Small and medium-sized enterprises in Romania will improve their access to finance with a new investment that aims to support SMEs, including women entrepreneurs impacted by the COVID-19 pandemic.

News

FMO Invests $10 Million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further $10 million from Dutch-based entrepreneurial development bank FMO.

News

IFC and KMF to Help Micro and Small Entrepreneurs in Kazakhstan Weather the Impact of COVID-19

Micro and small enterprises (MSEs) in Kazakhstan stand to benefit from a new investment which aims to help businesses recover from the economic shock of the COVID-19 pandemic, resume operations, and adapt to the post-crisis environment.

News

Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million

Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.

News

IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia

Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?

News

More Nigerians to Benefit From COVID-19 Loan

The Central Bank of Nigeria, through NIRSAL Microfinance Bank, has announced the reopening of its portal for Micro Small and Medium Enterprises and households affected by COVID-19 to access up to $70,000.

News

Sao Tome and Principe: World Bank Boosts Improvements in the Banking System, Access to Finance

This $7 million financing for the ongoing Institutional Capacity Building Project will help scale-up activities with the Central Bank of Sao Tome and Principe and support system modernizations as part of the COVID-19 mitigation response.