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Ecobank, Proparco Partner to Mobilise €300 Million for Agriculture, Women-Led Businesses in Africa
Under the arrangement, Proparco Groupe AFD will provide financial instruments, including partial portfolio guarantees, co-financing, and trade finance support, to help Ecobank Group increase lending to agricultural small and medium-sized enterprises across 33 African countries.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Mastercard and Yellow Card Partner to Unlock Stablecoin Payment Innovation Across EEMEA
The two companies will explore innovative real-world use cases for stablecoin-enabled payments including strengthening digital asset payment security with Mastercard Crypto Credential.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Turning Silos into Synergy: An Inclusive Finance Pilot Provides Lessons for Multi-Stakeholder Collaboration
Silos and fragmentation have slowed progress in inclusive finance for too long, as the efforts of private actors, public institutions, philanthropic funders and other stakeholders are often not intentionally aligned. As Seth Spiro at FINCA and Moustapha Seck at FLUID argue, one reason for this lack of alignment is that many of the systems underpinning inclusive finance were not built for multi-stakeholder collaboration. They explore solutions to these structural constraints, explaining how FINCA’s partnership with FLUID has aligned incentives, learning and execution to overcome organizational silos.
- Categories
- Agriculture, Finance, Investing
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Thunes and Vodacom Tanzania Launch Cross-Border M-Pesa Payments for Uganda and China
Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
A central pillar of the new strategy, launched by Minister for Development Jenny Chapman, is a focus on accelerating the flow of private capital to developing countries.
- Categories
- Environment, Finance
- Region
- Global
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Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.
- Categories
- Agriculture, Finance, Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: Who Really Uses Her Mobile Money Account?
While men generally operated mobile money directly, the women they interviewed in rural Ghana were largely dependent on an intermediary to complete even the simplest transaction: a husband, a daughter, a neighbor or a local agent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Drip Capital Surpasses $9 Billion in Trade Transactions as SMBs Navigate Shifting Global Supply Chains
SMBs continue to face a substantial working capital gap, with traditional banks pulling back on small business lending and alternative lenders increasingly unable to meet the scale or speed that global trade requires.
- Categories
- Finance, Technology
- Region
- Global
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