All News and Announcements

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News

Fintech Promotes Financial Inclusion in Bahrain

Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.

News

Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

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Genzaar Platform Is Transforming Financial Literacy Through Gaming and Innovation

The pioneering platform has recently gained recognition by being selected for the prestigious UK Libra accelerator program. It collaborates with banks and other partners to provide users with practical experience in managing finances.

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USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.

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Advancing the Modernization and Integration of Payment Systems in the Western Balkans

With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.

News

AFI’s Arab Region Policy Initiative Takes Shape

Through AFI’s Arab Region Financial Inclusion Policy Initiative, AFI members will share knowledge and support peers, helping to ensure the success of national initiatives while promoting harmonized regional policies.

News

KIMS Microfinance Signs Strategic Partnership Agreement Gargaara Finance Limited

Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.

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Habitat for Humanity International Update - MicroBuild Fund

MicroBuild will provide significant debt relief to Al Majmoua to help alleviate financial pressures and support the MFI’s ongoing efforts to fulfill its social objectives.

News

SECP, ADB to Host Workshop on 'Women in Finance Thought Leaders'

The workshop aims to foster a collaborative environment for thought leaders to discuss strategies for women’s empowerment through microfinance and address challenges and opportunities in financial inclusion.

News

UNCDF Advanced Sustainable Energy Access in 2023

Through digital solutions and innovative financing mechanisms, UNCDF is ensuring that clean energy and cooking options are both affordable and attainable for the world's most vulnerable communities.