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Press Release: FINCA Impact Finance Appoints Jeff Flowers as New CEO
FINCA Impact Finance (FIF) today announced the appointment of Jeff Flowers as its next Chief Executive Officer, effective January 1, 2024.
- Categories
- Finance
- Region
- Global
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The Rise of Embedded Finance in Africa: Three Fintech Innovators Highlight its Potential to Boost Financial Inclusion and Business Growth on the Continent
In Egypt and other African countries, recent years have seen growing usage of fintech tools to boost financial inclusion. Basil Moftah at Nclude explores the impact of one such tool: embedded finance, in which a financial product is placed within a non-financial product, customer experience or platform. He discusses how the emergence of embedded finance is revolutionizing business operations and providing a catalyst for digitization and growth, across sectors ranging from hospitality to agriculture and pharmaceuticals.
- Categories
- Finance
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Press Release: New Report Shows Global Exports from African Businesses Increase by 50%, Spearheaded by Women
Global African Commerce is a quantitative resource for the African e-commerce landscape, shedding light on the unique barriers and opportunities faced by entrepreneurs on the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Worldfirst to Expand Digital E-Commerce Solutions for Southeast Asian SMEs
WorldFirst’s innovative product, facilitated through the World Account, caters to SMEs across Vietnam, Thailand, the Philippines, and Malaysia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, e-commerce, fintech, MSMEs
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Financing Women- Owned or -Led SMEs for Sustainable Growth: Navigating Capital Supply Side Challenges in Africa
One in four African women owns or manages a business, and in several countries in sub-Saharan Africa, the rates of entrepreneurial activity among women rise to 30-50%. But as Nathalie Gogue-Ebo and Katharina Weber at Open Capital point out, just 6% of funding in the region goes to women- owned or -led small and medium enterprises (WSMEs), limiting these businesses' growth potential. They discuss the factors that are preventing investors from supporting WSMEs, and share some potential solutions.
- Categories
- Investing
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Press Release: IFC and DFC Invest in Pomona Impact Fund II to Foster Growth of SMEs, Strengthen Private Equity Markets in Central America
IFC and DFC's backing, with $7.5 million in equity investment from each institution, will enhance Pomona's support for SMEs.
- Categories
- Education, Health Care, Investing, WASH
- Region
- Latin America
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Bluepeak Private Capital Closes $156 Million Fund to Support African Businesses
BluePeak Private Capital, a private capital firm, has closed its flagship fund at $156 million to support scalable businesses in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kenyan Businesses Are Dropping the World’s Favorite Mobile Money Service
The shift by businesses away from M-Pesa payments is a remarkable turn in a country known for pioneering mobile money, and where the service is ubiquitous.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa