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Analysis: Africa Needs Its Own Credit Rating Agency: Here’s How It Could Work
A recent study by the UN showed that subjective biases in credit ratings had cost African countries a combined US$74.5 billion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- credit scoring
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Press Release: IFC’s Base of the Pyramid Platform Provides $1 Billion to Expand Access to Finance for Small Businesses
Projects under the BOP platform are expected to help client financial institutions grow their loan portfolios from 5.5 million to 7.9 million loans to MSMEs.
- Categories
- Finance
- Region
- Global
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Kenya’s Lipa Later Partners with Mastercard to Drive Buy Now, Pay Later Solutions in Africa
The strategic partnership with Mastercard aims to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Vistaar Finance to Raise $50 Million in Debt Financing from US DFC
DFC’s support is expected to assist Vistaar in expanding its secured MSME lending portfolio in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Viewpoint: For Emerging Markets, ESG Will Not Work Without Economic Growth
The climate crisis we face today is probably the most significant loss incurred by the "growth-at-any-cost" mindset that prevailed for so long.
- Categories
- Finance
- Region
- Global
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: IFC and Absa Partner to Expand Financing for Green Buildings in South Africa
Green buildings represent a significant low-carbon investment opportunity because they can save electricity and reduce water consumption.
- Categories
- Finance
- Region
- Sub-Saharan Africa