IFC to Invest BRL 250 Million in Tradepay FIDC to Support Expansion of Retail MSMEs in Brazil, Drive Economic Growth
The investment will help promote greater market competitiveness by bolstering competition in the micro, small and medium enterprises (MSMEs) financing market through a capital market solution.
Funding Societies Signs $50M Credit Facility With HSBC to Drive SME Growth in Southeast Asia
Through this new facility the fintech lender will be able to channel the funds via its range of tailored financing solutions across SME segments across all its five markets.
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Queen Máxima Visits India to Advocate for Digital Financial Services
The talks will center on how India will incorporate financial inclusion and digital economy into its G20 agenda.
New Parametric Microinsurance Products Launched to Cushion Impact of Climate Change in Fiji
Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.
Moove, Suzuki, MUFG Team to Promote Financial Inclusion for Gig Workers
According to the release, the partnership was inked at the eighth Tokyo International Conference on African Development, and is among the first to involve an African fintech company.
Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro
The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.
Bangladesh: Government Moves to Cut Microcredit Service Charge
An 11-member committee, headed by Grameen Bank Chairman Prof Dr A K M Saiful Majid, has been formed to look into the cost of the MFI's services and to determine if there is any scope to reduce the charges.
Call for Session Proposals for Financial Inclusion Week 2022
FIW 2022 will be held on 17-20 October, under the theme "Inclusive Growth in a Digital Era." The call for proposals for 5 – 60 minute sessions will close on 19 August.
The Food and Agriculture Organization of the United Nations (FAO) Works to Enable Sustainable Private Investment in Agri-Food Systems and Specific Value Chains
The Food and Agriculture Organization of the United Nations deepened its work for attracting and de-risking private-sector investments in agri-food systems, targeting public and private agricultural value chains actors as well as private investors, and piloting its interventions in six African countries.