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Press Release: IFC Partners with Orange Bank Africa to Increase Digital Lending for Small Businesses in West Africa
According to the World Bank Group's MSME finance gap report, 63 percent of MSMEs in Senegal and 57 percent in Côte d'Ivoire experience constraints when accessing a loan or line of credit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Beleaguered Fintech ZestMoney Secures Funding From Existing Investors To Keep Afloat
ZestMoney has reportedly raised $5-7 million from a group of investors, including existing backer Quona Capital.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, startups, venture capital
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Analysis: India’s Digital Transformation Could Be a Game-Changer for Economic Development
India’s micro, small, and medium enterprises (MSMEs) sector faces a significant credit gap — between $250 billion and $300 billion.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Analysis: African Cities and Climate Change: The Real Debate Is Who Should Pay to Fix the Problem
So who should foot the bill for mitigating the impacts and adapting infrastructure to future extreme weather events?
- Categories
- Environment, Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: There Are More Refugees Today Than at Any Point in History Since WWII. A New Approach Aims to Turn Them Into the Next Wave of Entrepreneurs
If you’ve ever started your own business, you know the hard work and commitment it requires, but this challenge is far greater for refugees.
- Region
- Global
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It Could Take 131 Years for the World to Close the Gender Gap, Report Shows
A new report from the World Economic Forum estimates that women won’t attain parity with men for another 131 years. In other words, not until 2154.
- Categories
- Environment, Finance, Health Care, Investing, Technology
- Region
- Global
- Tags
- gender equality
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Indonesian P2P Lender Amartha Secures $100 Million
The newly raised funds are earmarked for working capital loans for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.
- Categories
- Finance, Technology
- Region
- South Asia
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Southeast Asia–Focused Go-Ventures Closes $240 Million Second Fund, Rebrands as Argor Capital
The second fund so far has invested in sectors such as B2B marketplaces, consumer, environmental tech, fintech and digital transformation platforms for SMEs.
- Categories
- Environment, Finance, Technology
- Region
- South Asia
- Tags
- digital inclusion, fintech, MSMEs