All News and Announcements
South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises
Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.
Swedfund Invests $5 Million in Bridge Bank Microfinance to Enhance Financial Inclusion in Côte D’Ivoire
The investment aims to strengthen financial assistance for micro, small and medium scale enterprises (MSMEs), particularly those owned by women in Côte D’Ivoire.
Visa and GSMA Foundation Launch Financial Inclusion Project
The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.
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.
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.
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.
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.
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.
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.
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.