Covid-19 to Wipe Out Equivalent of 195m Jobs, Says UN Agency
The disruption to the world’s economies caused by the Covid-19 pandemic is expected to wipe out 6.7% of working hours globally in the second quarter of this year – the equivalent of 195 million jobs worldwide, according to the UN’s labour body.
Coronavirus Pandemic Deepens Cambodia's Microfinance 'Crisis'
The couple, in their 50s, run a roadside restaurant in Kampong Speu, a province west of Phnom Penh that has the highest number of microcredit loans in Cambodia.
Philippines’ Financial Industry and NGO Groups Link for Faster COVID-19 Subsidy Delivery
Private companies join hands in support of the government’s social amelioration program to Filipinos severely affected by the COVID-19 enhanced community quarantine (ECQ) through the promotion of alternative encashment facilities nationwide.
AFI Members Mitigate COVID-19 With Policy Responses
AFI member institutions are taking immediate action to ease the financial burdens faced by individuals and small businesses as economic activity decelerates amid the global coronavirus outbreak.
FMO Proposes $4 M Loan to Cambodian Microfinance Firm Maxima
Dutch development bank FMO has proposed $4 million funding in Maxima Microfinance, a regulated microfinance institution in Cambodia.
VisionFund International Appoints New President & Chief Executive Officer
After an extensive global search, VisionFund is pleased to announce that Edgar Martinez has been appointed President and CEO for VisionFund International effective18 January 2021.
The Winners of the 2020 Fintech and Regtech Global Awards
Central banks and their partners have innovated across machine learning, cloud services, payments and more.
Digitalizing the Route of Remittances Will Help Africa’s Recovery
Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light.
COVID Crisis Highlights Urgent Need for Inclusive Insurance
The pandemic highlights the crucial role of insurance as a safety net when people lose their jobs or are unable to get to work, when bread-winners get sick or die, or when small businesses are forced to shut.
Private Asset Impact Fund Ecosystem Worth Over $30 Billion
Symbiotics publishes its inaugural global impact fund survey, merging its historical microfinance investment vehicle survey, started with the CGAP in 2007, and its private debt impact fund survey, started with the Global Impact Investing Network in 2018.