All News and Announcements

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News

IFC and Philippine Central Bank Pave the Way for Banking Transformation With Launch of Open Finance PH Pilot

This initiative aims to help the unbanked—particularly those who lack documentation—build a financial profile and credit history and, over time, access loans and other services that were once out of reach.

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FMO and Finnfund Back SATYA MicroCapital With $35M to Make Formal Finance More Accessible to Women in India

The funds have been earmarked to fund women and youth financing, thereby promoting gender equality and female empowerment.

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Egypt: Reefy Microfinance Raises $6.5 M to Expand MSME Loan Portfolio

The financial backing aims to enable the microfinance institution to support more SMEs in a context marked by economic challenges in Egypt. 

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Denmark Signs Agreement With UNDP and UNCDF Bangladesh to Extend Local Government Initiative on Climate Change for Two Years

The extension of the Local Government Initiative on Climate Change Project will be implemented in two districts of Bangladesh to strengthen communities' resilience to the impacts of climate change.

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e-MFP's Financial Inclusion Compass Survey 2023: Share Your Views on the Future of the Sector

The 2023 survey adds new topic and priority areas to evaluate, from climate change adaptation/mitigation, to institutional change management, to artificial intelligence, food security and nutrition – and beyond.

News

JOHUD, FINCA Jordan for Microfinance Sign MoU on Productive Initiatives

The agreement outlines the cooperation between Jordanian Hashemite Fund for Human Development and FINCA Jordan in financing productive initiatives, small businesses, and projects across the Kingdom through soft loans.

News

AfDB Signs $650,000 Grant to Provide Digital Services to Women and Youth in Chad

The Africa Digital Financial Inclusion Facility of the African Development Bank has signed a grant agreement for $650,000 with the Government of Chad to provide innovative digital financial and non-financial services to women and youth.

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Symbiotics Investments Provides a $10 Million Gender-Focused Bond to Khan Bank in Mongolia

With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.

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VisionFund Releases FY22 Annual Report

VisionFund International has released its Annual Report highlighting an impact case study from Uganda that reveals the dramatic increase to income clients had after receiving a microloan and more.

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CGAP Launches New Five-Year Strategy

In its five-year strategy, CGAP envisions responsible and inclusive financial ecosystems that enable a green, resilient, and equitable world.