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Press Release: MODIFI Secures Strategic Investment From SMBC Asia Rising Fund to Fuel Asian Exports by SMEs
Fintech leader strengthens position in cross-border B2B payments and trade finance, eyeing rapid growth across Asia, including China and India.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Mastercard, Orange Partner to Increase Financial Inclusion in Seven African Countries
A deal between Orange Middle East and Africa and Mastercard aimed at driving financial inclusion for millions of Africans across seven countries through digital payments is set to go operational next year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: EFT Corporation and Visa Partner to Bolster Fintech Growth in Africa
This partnership will provide fintechs with access to comprehensive prepaid and debit card programmes tailored for diverse consumer needs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India’s IndusInd Bank Tumbles 15% on Becoming Latest to Warn of Microfinance Loan Stress
While at least eight of the 41 analysts covering the stock cut their price targets, their average still remains the equivalent of "buy", according to LSEG data.
- Categories
- Finance
- Region
- Asia Pacific
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Nigerian Climate-Tech Startup Earthbond Raises Funding From Madica to Boost Financing Capacity
The startup enables businesses to go solar through access to embedded solar finance and a marketplace of accredited solar installers and suppliers.
- Region
- Sub-Saharan Africa
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Press Release: IFC and Equity Bank of Kenya Partner in Landmark Facility to Support Financial Inclusion for Refugees
The project is expected to serve as a model for similar private sector support initiatives in other African countries hosting large refugee populations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs, refugees
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Yellow Card Secures $33 Million to Enhance Stablecoin Services in Africa
The company’s emphasis on stablecoins sets it apart in Africa’s changing digital payments scene since it provides companies with scalable solutions in a continent where financial infrastructure has traditionally been a difficulty.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank: Poorest Countries Facing Worst Debt Since 2006
The 26 poorest nations in the world are more heavily in debt than any time in the last 18 years, according to a new report. Climate change and conflict are major drivers of poverty in the affected countries.
- Categories
- Finance
- Region
- Global
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