IFC and IDB Invest Share System to Help Latin American Financial Institutions Measure Climate Impact
The new agreement allows two of the leading multilateral development banks with focus on the private sector to offer Climate Assessment for Financial Institutions tool to a larger number of financial institutions.
EFSE and Vitas Expand Access to Local Currency Financing for Romanian MSEs
Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.
Symbiotics Launches $10,5M Social Bond With La Hipotecaria Colombia
The proceeds of the Social Bond will be used to finance access to financing services, with its eligible subcategories: affordable housing and household financing.
EFSE and Agroprosperis Bank Strengthen Partnership to Provide Financing in Local Currency for Ukrainian Farmers
Through the investment, the partners aim to facilitate farmers’ ability to access much-needed financing to sustain their businesses using local currency.
Airtel Zambia & UNCDF Partner to Strengthen Digital Financial Services Across the Country
Airtel Networks Zambia Plc and the UN Capital Development Fund have announced a partnership designed to bring digital financial services closer to Zambians living in remote areas across the country through Airtel Money.
Ethiopia Sees Jump in Mobile Payments Despite COVID-19
COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.
IFC Initiative to Help Financial Institutions Support Small Businesses Disrupted by Pandemic
The new Base of the Pyramid Program will provide up to $400 million to microfinance institutions, non-bank financial institutions, and banks that are focused on micro, small, and medium enterprises.
YSys for Fintech & Smart Humanitarian Smart Solutions Is Officially A Member of SME Finance Forum
Through this partnership, YSys aims to build networks, knowledge, and resources in a way that expands its solutions, products and services to Africa, Asia and Europe.
Bill and Melinda Gates Are Now Backing New Digital Payments System in Pakistan to Support Financial Inclusion for Women
The new online payments system, Raast, has been launched to support women who might have been financially marginalized or unable to access modern financial services for a long time.
Kenya's Co-op Bank Gets $75M for Lending to MSMEs
The bank’s chief executive Gideon Muriuki said the funds would be used to support businesses to better cope with the disruptions brought about by the COVID-19 pandemic.