All News and Announcements

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News

AFI Calls for In-Country Implementation Projects on Inclusive Green Finance for MSMEs

The Alliance for Financial Inclusion is launching an initiative to support members in conducting research on inclusive green finance for micro, small and medium enterprises (MSMEs).

News

UNCDF Partners With Google to Accelerate the Growth and Resilience of Ethiopia's MSMEs Through Digitalization

Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.

News

The Government of Luxembourg Extends Cooperation Agreement With the Alliance for Financial Inclusion

The Luxembourg Ministry of Finance and the Directorate for Development Cooperation and Humanitarian Affairs of the Ministry of Foreign and European Affairs have signed the second phase of their agreement with the AFI's European Representative Office to unlock additional support to advance inclusive and sustainable policies and regulations.

News

Credolab and Provenir Partner to Boost Financial Inclusion With Behavioral Data

A new partnership between credolab and Provenir will enable financial institutions to leverage behavioral data to handle the challenges of credit risk management, fraud detection, and more.

News

Cambodia Microfinance Association, NBC Launch Project to Increase Financial Literacy, Consumer Protection

The National Bank of Cambodia and the Cambodia Microfinance Association recently launched a project called Strengthening Safe Finance in Community to enhance safe and secure use of formal financial services and increase access to these services.

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Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses

The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.

News

JPmorgan and Commonwealth Expand Work on Effect of Emerging Tech on Financially Excluded

Commonwealth and JPMorgan Chase have announced the next phase of their collaboration to address the challenges and opportunities that emerging technologies present for advancing financial inclusion of US workers earning low and moderate incomes.

News

Faulu Bank Announces KSH 1.5B Credit Line for Farmers

Faulu Microfinance Bank has committed KSH 1.5 billion (≈ $11.424.219,30) to enable farmers in 47 counties in Kenya to purchase farm and animal inputs.

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IFC Partners With Saigon-Hanoi Commercial Joint Stock Bank to Boost Lending for Vietnam’s Smaller Businesses

IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.

News

SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.