Visa and GSMA Foundation Launch Financial Inclusion Project
The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.
Near East Foundation Launches Siraj Financial Services to Expand Micro and Small Enterprise Financing in Northern Syria
The incorporation of SFS signifies a major milestone in supplying unmet demand for micro and small enterprise financing in Northern Syria and provides a huge opportunity for attracting non-traditional partners and funders.
KIMS Microfinance Signs Strategic Partnership Agreement Gargaara Finance Limited
Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.
AFI’s Arab Region Policy Initiative Takes Shape
Through AFI’s Arab Region Financial Inclusion Policy Initiative, AFI members will share knowledge and support peers, helping to ensure the success of national initiatives while promoting harmonized regional policies.
Advancing the Modernization and Integration of Payment Systems in the Western Balkans
With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.
USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services
This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.
Genzaar Platform Is Transforming Financial Literacy Through Gaming and Innovation
The pioneering platform has recently gained recognition by being selected for the prestigious UK Libra accelerator program. It collaborates with banks and other partners to provide users with practical experience in managing finances.
Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations
The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
Fintech Promotes Financial Inclusion in Bahrain
Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.