All News and Announcements
Symbiotics Launches $15 Million Green Bond for Greenlight Planet
Greenlight Planet will use the proceeds of the Green Bond to finance supplier advances, inventory and customer lease structures for pay-as-you-go solar home systems.
IFC and Ministry of Justice Join Hands to Improve Insolvency Laws in Kosovo, Boost Lending
The initiative, known as the Debt Resolution Project, is expected to create a safety net for businesses and investors, improving access to credit, especially for small and medium enterprises.
Luxembourg Becomes Ninth Contributor to UNCDF’s Last-Mile Finance Trust Fund (LMF-TF)
Contribution will be used to finance UNCDF’s BRIDGE Facility—the Finance Facility dedicated to the world’s 46 least developed countries (LDCs).
EasyCash: An Interoperable ePayment Suite Powered by Wallet Factory Launched in Egypt
EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance.
WEE-DiFine Initiative: Request for Proposals
Following the success of the first two Requests for Proposals (RFPs), WEE-DiFine is excited to announce the launch of its third RFP.
Promoting Financial Inclusion in Egypt
In the frame of this project, AFC, in collaboration with the national statistics office CAPMAS and the Central Bank of Egypt, conducted the first national representative financial inclusion survey in Egypt and build a data set as evidence base and baseline for future monitoring.
Hong Kong Fintech Unicorn WeLab Raises $240M to Buy Indonesian Bank
With this move, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population.
Pakistan: UBL Partners With U Microfinance Bank Limited to Promote Financial Inclusion
A memorandum of understanding was signed to promote financial inclusion and to open up multiple avenues for collaboration, including medium to long-term debt funding, Retail TFC, Islamic microfinance funding, and more.
DAI Acquires International Asset Management Firm, MicroVest
Acquisition in high-growth ESG/impact investing arena enhances DAI’s ability to spur investment in emerging and frontier economies.
Mi Siembra Segura: Parametric Insurance to Protect Vulnerable Rural Communities in Colombia, With UNDP
The UNDP's RRF2 program aims to support rural organizations made up of a vulnerable populations.