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Savings Groups Cushioning Impact of COVID-19 Pandemic in Zambia

As the world continues to face economic turmoil resulting from the COVID-19, communities in Zambia are turning to informal savings groups to cushion the impact of the pandemic.

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The Impact of Coronavirus on Foreign Workers

A Q&A with World Bank economist Dilip Ratha on the job losses and travel restrictions affecting migrants around the world.

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Africa Leaders Urge Closer Ties Amid Post-COVID "Better Normal"

Central banks in Africa are responding to COVID-19 by investing in practical solutions that bring disadvantaged groups into formal financial services, accelerating their ability to recover and build resilience against future crises.

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COVID-19 Is Boosting Fintech and Mobile Money in Myanmar, but What’s Next?

Where does Myanmar’s fintech industry stand after its first decade?

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COVID-19: Augmenting Farmer Access to Long-Term Credit

Failing to protect farmers amid the novel coronavirus disease (COVID-19) pandemic can worsen India’s agrarian distress.

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Developing World Loses Billions in Money From Migrant Workers

Migrant workers who lost their jobs because of the pandemic’s economic impact are running out of cash to send home, dealing a blow to the fragile economic health of the developing world.

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Digital Financial Inclusion in the Times of COVID-19

The COVID-19 pandemic could be a game changer for digital financial services.

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Garment Workers Pressed by Piling Microfinance Debt, Report Says

Tens of thousands of garment workers, who are facing slashed work hours and wages amid the global pandemic and economic downturn, will struggle to repay mounting microfinance debt, a new civil society report says.

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COVID-19 Creates Opportunities for Mass Adoption of Fintech in Bulgaria

The COVID-19 outbreak and the economic downturn it triggered gave the fintech sector in Bulgaria a chance to see various opportunities for mass adoption of financial technology in the near future.

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HNB Records Growth in Digital Remittances During COVID Lockdown

Sri Lanka’s HNB has reported a smooth transition to contactless remittance transactions parallel to rising demand for digital remittances and cardless withdrawals during the coronavirus lockdown.