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News

Africa Leaders Urge Closer Ties Amid Post-COVID "Better Normal"

Central banks in Africa are responding to COVID-19 by investing in practical solutions that bring disadvantaged groups into formal financial services, accelerating their ability to recover and build resilience against future crises.

News

COVID-19 Is Boosting Fintech and Mobile Money in Myanmar, but What’s Next?

Where does Myanmar’s fintech industry stand after its first decade?

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COVID-19: Augmenting Farmer Access to Long-Term Credit

Failing to protect farmers amid the novel coronavirus disease (COVID-19) pandemic can worsen India’s agrarian distress.

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Developing World Loses Billions in Money From Migrant Workers

Migrant workers who lost their jobs because of the pandemic’s economic impact are running out of cash to send home, dealing a blow to the fragile economic health of the developing world.

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Digital Financial Inclusion in the Times of COVID-19

The COVID-19 pandemic could be a game changer for digital financial services.

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IFC Providing $5 Million to Timor-Leste's Kaebauk Investimentu no Finansas, S.A. to Improve Access to Finance for Farmers, With a Focus on Women

The investment is expected to lead to over 10,000 more people gaining access to finance by 2024, of which over 75 percent will be women.

News

Garment Workers Pressed by Piling Microfinance Debt, Report Says

Tens of thousands of garment workers, who are facing slashed work hours and wages amid the global pandemic and economic downturn, will struggle to repay mounting microfinance debt, a new civil society report says.