The investment in the nation's recovering financial sector is part of a wider SME strategy, which aims to help spur a greater range of financial products and services such as psychometric scoring solutions and payment systems reforms.

Nigeria is looking to real-time payments to help drive economic growth and financial inclusion as its volume of real-time transactions surged year-on-year by 94.7 percent to 3.7 billion in 2021.

This program will help subsidize the use of our mobile inventory management system by last mile distributors looking to digitize logistics operations in emerging markets but facing long-standing funding, technology, and logistical challenges. 

This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy.

FIW 2022 will be held on 17-20 October, under the theme "Inclusive Growth in a Digital Era." The call for proposals for 5 – 60 minute sessions will close on 19 August.

The bouquet of financing will enable CRDB to significantly impact the socio-economic growth of the region by empowering small businesses, especially women, and unleashing their full potential.

The United Nations Capital Development Fund launched the challenge with the aim to attract local and global fintechs with market-ready solutions to address identified problem statements which represent the challenges faced by Pacific Islands Countries.

Under this collaboration, existing or potential customers of the bank looking to purchase a tractor for their farming needs will be able to book a tractor which will be delivered on easy terms and conditions through a quick and hassle-free process.

The project aims to widen access to finance for the purchase of these vehicles and help strengthen the country's climate finance market, mitigating climate impact and supporting economic recovery in the country.

The loan is expected to support at least 4,000 new SME loans in Nigeria.