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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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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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KaiOS, Mastercard Partner to Enable Digital Payments for SMEs
The companies said in a joint statement that KaiOS's affordable smart feature phones will leverage Mastercard's payment technology and global network to drive acceptance and support the growth of the digital economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Al Majmoua from Lebanon, FATEN from the Occupied Palestinian Territories, and RUFI from Uganda announced as Finalists for European Microfinance Award 2024 on Advancing Financial Inclusion for Refugees & Forcibly Displaced People
The winner will be announced at ceremony during European Microfinance Week (EMW 2024) on Thursday November 14, 2024.
- Categories
- Finance
- Region
- Global
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