In 2020, savings groups in refugee contexts have had the lowest late repayment rate compared to any of the other clients served by VisionFund Uganda.

The government previously allocated NGN 2.3 trillion (USD 6 billion) to pandemic relief efforts, including microfinance and other programs.

The loan aims to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.

Mobile money firms across Africa are ramping up plans to bring banking to millions after the pandemic caused a surge in the use of digital financial services.

COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.

Africa is at the forefront of a digital financial transformation as the continent leads the world in mobile money inclusion.

Kenyans transacted 528.9 billion shillings (about $4.9 billion) on their mobile phones in October as usage rose considerably amid the COVID-19 pandemic, new Central Bank of Kenya data showed.

Up to 10,000 buses to become cashless with O-CITY's M-Pesa-based ticketing solution.

Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light.

New research released by Heifer International revealed 97 percent of smallholder farmers in Uganda have seen their income drop since the beginning of the COVID-19 pandemic,