Under the partnership, IFC has loaned $5 million to CRDB Bank Burundi S.A. for on-lending to smaller businesses, many of which struggle to access financing for growth, especially in the wake of the COVID-19 pandemic.

The firm had its final close on $332 million in capital commitments for its Fund III, which invests in companies in Latin America, India, Southeast Asia, Africa and the Middle East.

The new CFO, Samuel Mwogeza, is an executive leader with extensive experience in the financial institutions sector across multiple markets.

The Association is focusing on an important segment in society this year, based on the recommendation of the Central Bank of Oman.

The "Advancing Climate Adaptation in the Southern Mediterranean" program aims to increase climate and environment resilience in the Southern Mediterranean countries.

A release by the Head of Communications & Branding at LAPO indicates that “LAPO MfB has won this award category for the ninth consecutive times."

The didigital gender divide is the focus of an innovative multinational study launched recently by the Leir Institute for Migration and Human Security at The Fletcher School at Tufts University in partnership with social research firm Decodis, with funding from the Bill & Melinda Gates Foundation.

The $154 million will finance innovative, scalable, small and medium-sized businesses that improve the access and affordability of basic goods and services for unserved and underserved consumers in Africa.

The FINNIX mobile app, which is regulated by the Bank of Thailand, was developed by MONIX and offers microfinance loans through a completely digital process from loan application to approval and disbursement.

The proceeds will be used to set up regional hubs throughout Asia, North American and Europe.