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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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India Payments Authority Eyes Africa, South America for Digital Payment Push, Official Says
The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation for retail payment systems in India.
- Categories
- Finance
- Region
- Global
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M2P Fintech Secures $102 Million in Series D Funding to Bolster Banking Infrastructure in Emerging Markets
M2P Fintech specializes in providing comprehensive Banking-as-a-service solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa