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Press Release: Report: New Data Show Massive, Wider-than-Expected Global Gender Gap
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows.
- Categories
- Finance
- Region
- Global
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As Nobel Laureate Yunus Skirts Jail in Bangladesh, Fears for His Future
The pioneer of microfinance now faces scores of legal charges, but his supporters say they're part of a campaign of political intimidation and harassment.
- Categories
- Finance, Social Enterprise
- Region
- Asia Pacific
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Nigerian Startup Bfree Secures $3 Million Funding to Facilitate Ethical Debt Recovery for Lenders
Bfree, a Nigerian startup specializing in debt collection, was established with the aim of automating and instituting ethical processes for debt recovery.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Arrest of Binance Executives Shakes up Nigeria’s Crypto Ecosystem, Again
The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Press Release: Visa and the GSMA Mobile for Development Foundation Launch Digital Finance for All Initiative
This five-year initiative aims to advance digital financial inclusion for 20 million individuals, including women, small holder farmers (SHF), and nano, micro and small enterprise (NMSE) owners across low- and middle-income countries in Africa, Asia and Latin America.
- Categories
- Finance, Telecommunications
- Region
- Global
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Afdb Grants $7 Million Trade Finance Guarantee to Access Bank DRC to Support SMEs
The African Development Bank will now be able to provide up to a 100% guarantee to confirming banks for the non-payment risk from the confirmation of letters of credit.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- international trade, lending, MSMEs
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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