All News and Announcements

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News

Facilitating Access to Finance for MSMEs in Agriculture in Sierra Leone

By addressing the need for improved access to financial services and support for MSMEs in agriculture, the project aims to contribute to the creation of jobs and the sustainable and inclusive economic development of the sector.

News

TerraPay Joins Forces With Diamond Trust Bank Uganda, to Simplify Global Money Transfers in Uganda

This partnership is poised to significantly narrow the financial inclusion gap, streamlining the processes of money transfer, savings, and credit accessibility for individuals.

News

Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance

The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.

News

BRAC International: Empowering Women in Liberia Through Microfinance and Beyond

BRAC International has recently expanded its microfinance operations in Liberia, marking a significant milestone in its mission to empower women in rural and remote areas.

News

Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

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Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

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Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

News

Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

News

Advancing the Modernization and Integration of Payment Systems in the Western Balkans

With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.

News

KIMS Microfinance Signs Strategic Partnership Agreement Gargaara Finance Limited

Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.