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Report: Mobile Money Driving Financial Inclusion in sub-Saharan Africa
IFC, a member of the World Bank Group, together with the Mastercard Foundation, have released a new report today, 16 May 2018 in Nairobi, documenting the transformation underway in financial inclusion in sub-Saharan Africa.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Press release: IFC and Mastercard Expand Partnership to Drive Greater Financial Inclusion in Emerging Markets
Electronic payments help underserved people and small businesses more fully participate in the formal economy. Yet, financial institutions in emerging markets often have difficulty covering their transaction settlement obligations, making it harder to rapidly scale financial services where they are needed most.
- Categories
- Inclusive Fintech
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Kazakhstan to get huge IFC loan for its microfinance
International Finance Corporation (IFC), a member of the World Bank Group, is providing a senior syndicated loan of $82 million equivalent in Kazakh tenge to “Microfinance organization “KMF” LLC, a leading Kazakh microfinance institution, to boost lending to micro and small enterprises, including women entrepreneurs and customers in rural areas of Kazakhstan, the press service of IFC said in a message.
- Region
- Europe & Eurasia
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Fidor, IFC partner to expand digital financial inclusion in Africa and Latin America
Digital banking services provider Fidor has signed a memorandum of understanding (MoU) International Finance Corporation (IFC), a member of the World Bank, to expand digital banking services in Africa and Latin America.
- Categories
- Inclusive Fintech
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IFC and VCs Want To Take Emerging Market Microfinance To Mobile
The developing world needs more fintech companies to extend financial inclusion to consumers and small businesses who aren't being served by existing banks. That's the thinking behind several venture capital firms which are working with the International Finance Corporation (IFC).
- Categories
- Inclusive Fintech, Investing
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Press release: IFC and Itaú Unibanco partner to improve financial education for women entrepreneurs in Brazil
IFC and Itaú will work to design and implement an eLearning video course directed to women entrepreneurs - owners or shareholders of businesses of all types and in any stage of maturity- in partnership with EduK, one of the largest online learning platforms in Latin America. The content of the course will include methodologies to evaluate the profitability of businesses as well as classes on growth strategies and techniques, and financial management.
- Source
- Press release
- Categories
- Entrepreneurship
- Region
- Latin America
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IFC, Central Bank to Create Sri Lanka’s First National Strategy on Financial Inclusion
IFC, a member of the World Bank Group, is partnering with the Central Bank of Sri Lanka (CB) to develop the country’s first National Financial Inclusion Strategy (NFIS) to promote a more effective and efficient process to improve financial inclusion across Sri Lanka.
- Region
- South Asia
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IFC, MasterCard study to boost financial inclusion
The study, part of Sh3.85 billion ($37.4 million) Partnership for Financial Inclusion initiative by the IFC and the MasterCard Foundation, focused on Cameroon, Democratic Republic of Congo, Senegal and Zambia.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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