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The Central Bank of Nigeria Launches Framework for Advancing Women’s Financial Inclusion in Nigeria
The CBN in collaboration with EFInA has launched a framework to advance women’s financial inclusion.
- Region
- Sub-Saharan Africa
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Gender: The Blind Spot of the COVID-19 Response in Low- and Middle-Income Countries
The COVID-19 pandemic is imposing a disproportionately higher socio-economic cost on women. As Melinda Gates put it, “COVID-19 is gender-blind, but not gender-neutral.” Analysts at MSC discuss four potential types of fallout from COVID-19 that will have lasting socio-economic impacts on women in India and other low- and middle-income countries, based on multiple studies that MSC conducted between March and July of this year.
- Categories
- Coronavirus, Finance, Technology
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Samunnati Raises $20 Million Direct Debt From U.S. International Development Finance Corporation
U.S. International Development Finance Corporation (DFC) has committed a $20mn direct loan to Samunnati Financial Intermediation & Services Pvt. Ltd., a non-banking financial company (NBFC) in India to help the company expand financing and technical assistance to low-income farmers and enterprises throughout the agricultural value chain in India.
- Categories
- Agriculture, Finance, Investing
- Region
- Asia Pacific
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Analysis: Global GDP Could Rise by 3% if Gender Disparity Gap Is Closed
The International Finance Corporation (IFC) estimates that approximately 80% of women-owned businesses with credit needs in low-income countries are either unserved or underserved.
- Categories
- Finance
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Researching Outside the Box: The Benefits and Challenges of Systems Practice for Engaged Ecosystem Research
In its research on the tech innovation ecosystems in Cape Town, Nairobi and Lagos, Cenfri applied a Systems Practice approach, collaborating with key players to reveal a comprehensive picture of these dynamic systems. Analysts at Cenfri and Lagos Business School explore the model, and the challenges and considerable advantages it presents for researchers and business ecosystems.
- Categories
- Finance, Social Enterprise, Technology
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Kenya Bankers Association (KBA), Huawei Ink Partnership Agreement To Promote Tech-Driven Financial Inclusion, Fintech Capacity Building
The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Asian Development Bank, KfW Partner To Boost COVID-19 Response and Financial Inclusion in Indonesia
The Asian Development Bank (ADB) and KfW, the German state-owned development bank, today signed agreements for €450 million (about $525 million) in cofinancing to improve Indonesia’s coronavirus disease (COVID-19) pandemic response and enhance financial inclusion in the country.
- Categories
- Coronavirus, Finance, Investing
- Region
- South Asia
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Can Agile Fintech Startups Be the Answer To Food Insecurity During the COVID-19 Crisis?
COVID-19 lockdowns have threatened small and medium enterprises and vulnerable families around the world. And as Malika Anand and Michelle Hassan at BFA Global point out, inclusive fintech startups are often better-placed than aid agencies to support communities and businesses in urban settlements during the pandemic. They explore how one innovative startup, Sokowatch, has developed a quick and effective way to fight food insecurity in Kibera, Nairobi – while also supporting small local retailers.
- Categories
- Coronavirus, Finance
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