All News and Announcements
British International Investment and Symbiotics Strengthen Partnership With Launch of Second Green Basket Bond Across Asia and Africa
The green lending program will increase financing to small-scale green projects across Africa, South and Southeast Asia through MSME lenders, with a particular focus on India.
IBISA Raises $3 M to Scale Parametric Insurance Solutions, Strengthening Climate Resilience Across Asia and Africa
Leveraging innovative satellite and actuarial technologies, IBISA designs and operates parametric insurance products that promote financial resilience in regions where communities are the most vulnerable to the impacts of extreme weather events.
CARE Invests in Ugandan Fintech Ensibuuko to Boost Financial Inclusion for Women
The investment, brokered by CARE Social Ventures, will significantly expand efforts to ensure women and girls have the digital and financial access they need to thrive in today’s world.
‘Formalizing the Informal’ – Boosting Low-Income Entrepreneurs’ Financial Health in Africa and Beyond
In this interview with the 2024 Inclusive Fintech Showcase winners, AFI profiles Mosabi, a Sierra Leone-based platform which blends fintech and edtech to help people manage their businesses and money.
The Rand Goes Digital: South Africa's Push for a Cashless Future
The South African Reserve Bank (SARB) has unveiled an ambitious roadmap that seeks to usher in a cashless era, prioritizing financial inclusion and economic growth.
Uganda: Online Lenders Harassing Borrowers Risk Closure
Licensed digital/online money lenders, who are diverting from the newly issued digital lending guidelines issued in March by the Uganda Microfinance Regulatory Authority (Umra), risk having their licenses revoked, the sector regulator has warned.
Britam and Habitat for Humanity Expand Partnership to Strengthen Property Insurance Penetration Rate in Kenya
Britam General Insurance and Habitat for Humanity International (HFHI) – Terwilliger Centre for Innovation in Shelter (TCIS), have signed a Memorandum of Understanding (MoU) to tackle the low market penetration of property insurance, which currently stands at 0.5%.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
African Guarantee Fund and Kenya Women Microfinance Bank Ink Deal to Strengthen Women's Access to Finance
African Guarantee Fund (AGF) has signed a Sh725 million ($5.37 million) risk-sharing partnership agreement with the Kenya Women Microfinance Bank (KWFT).
Mauritania Commissions Germany’s G+D to Design Central Bank Digital Currency (CBDC)
Known as the digital ouguiya, the potential CBDC would complement cash.