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Press Release: Grameen Foundation, J.P. Morgan Deliver COVID-19 Relief to Filipina Entrepreneurs
Grameen Foundation announced the launch of its COVID-19 RELIEF (Response to Enhance Livelihoods of Individual Entrepreneurs and Families) in the country to provide immediate relief and longer-term recovery support to 3,500 women entrepreneurs running microenterprises.
- Categories
- Coronavirus
- Region
- South Asia
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Central Bank of Zambia Approves k2.3 Billion for Businesses to Remain Afloat
THE Bank of Zambia (BoZ) has approved K2.3 billion for microfinance institutions and commercial banks to help businesses remain afloat amid the coronavirus impact.
Association of Microfinance Institutions in Zambia (AMIZ) president Jetty Lungu said loan applications valued at K4.6 billion were made by microfinance institutions and commercial banks and only K2.3 billion was approved.- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Press Release: Sparkle Officially Launches: A New Digital Ecosystem to Transform the Lives of Nigerians Across the Globe
Sparkle, which has been granted a banking license from the Central Bank of Nigeria (CBN), has been built to help Nigerians fulfil their potential. Sparkle offers comprehensive support for individuals, including flexible payments, savings and analytics to provide greater freedom, flexibility and control over finances and lifestyle once and for all.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Indian MFIs See 50% Recovery in June as Rural Borrowers Avoid Using Moratorium
A majority of MFI borrowers have the option to avail moratorium till the end of August.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Egypt’s Msmeda Aims to Finance 200k Micro Projects With $187.2M in 2020
MSMEDA developed and rehabilitated six NGOs in five governorates to raise their financial and administrative performance
- Categories
- Finance
- Region
- North America
- Tags
- business development, NGOs
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Western Union in Frame for Moneygram Buy
Remittance giant Western Union became the latest name linked with a buyout of rival MoneyGram, which has been the subject of numerous acquisition attempts in the last four years.
- Categories
- Coronavirus, Finance
- Region
- North America
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Solar Costs Have Fallen 82% Since 2010
Between 2010 and 2019, the amount of global solar capacity rose from 40 GW to 580 GW, according to Irena – a growth factor of 14. During the same period, module prices fell 90% and balance of system (BoS) costs also decreased, if less steeply.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
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Report: 1 in 9 Rwandans Owns a Business
The Rwandan business scene has grown over the last 4 years with about 800,000 Rwandan adults owning a business, the recently released 2020 FinScope Survey Report shows.
The survey established that the number of Rwandans who own businesses had grown by 200,000 from 2016.- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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