All News and Announcements
MicroVest Invests $10 Million in Annapurna to Support Financial Inclusion for Women in India
The $10 million MicroVest investment in Annapurna microfinance aims to promote economic inclusion in underserved rural communities, with a specific emphasis on empowering women in India.
Vodacom Pledges to Invest ZAR 60 Billion in South Africa Over Next Five Years
This ZAR 60 billion (≈ USD 3.3 billion) investment is expected to contribute significantly to enhancing network resilience, further accelerating Vodacom’s deep rural coverage program to help bridge the digital divide and deepening financial inclusion.
Britain Seeks to Boost Banking Services From Fintechs
Britain plans to set up a new body over the next two years to encourage more competition in banking services through the use of third-party apps from fintech firms.
World Bank Continues to Support Morocco's Financial and Digital Inclusion Reforms
The World Bank approved financing of $450 million for advancing financial and digital inclusion to continue supporting the government in implementing reforms to improve financial inclusion, digital entrepreneurship and more in Morocco.
Financial Inclusion in Egypt Reaches 65 Percent in 2022
The Central Bank of Egypt reports an increase in financial inclusion as total ownership of transactional accounts reach 64.8 percent of the total 65.4 million eligible adult population at the end of 2022.
Peace Microfinance Bank Champions Women’s Empowerment and Education
Through the Training, Advocacy, Research, and Mentorship (TARM) project, Peace Microfinance Bank Ltd. aims to empower female teachers to guide and motivate adolescent girls to pursue their education in Nigeria.
Huawei, bKash Sign MoU to Strengthen Partnership and Improve Financial Inclusion in Bangladesh
Huawei, a leading global technology solutions provider, recently reaffirmed its commitment to bKash, the leader in mobile payments and financial services in Bangladesh, that will plot the way towards financial inclusion.
Symbiotics Investments Issued a $7.5 M Green Loan With AMK Microfinance Institution Plc in Cambodia
Cambodia's AMK Microfinance Institution Plc raises a $7.5 million green loan to broaden its green initiatives by introducing renewable energy sources, implementing energy efficiency projects, and developing eco-friendly and circular economy products.
AFI Calls for In-Country Implementation Projects on Inclusive Green Finance for MSMEs
The Alliance for Financial Inclusion is launching an initiative to support members in conducting research on inclusive green finance for micro, small and medium enterprises (MSMEs).
UNCDF Partners With Google to Accelerate the Growth and Resilience of Ethiopia's MSMEs Through Digitalization
Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.