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UNCDF Launches Capital Pathways Platform to Bridge the Finance Gap for Frontier Markets of Today & Tomorrow

The platform is intended to scale pathways to capital in support of sustainable finance, specifically for the world’s frontier markets of today and the growth markets of tomorrow.

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IFC, EOS Partner to Help Resolve Non-Performing Loans, Boost New Lending in Southeast Europe

A new regional platform will help financial institutions resolve their non-performing loans in Bosnia and Herzegovina, Croatia, Romania, and Serbia, freeing up capital for new lending.

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Prophius Partners With Mastercard on Tap on Phone Payments for SMEs in Sub-saharan Africa

The move is expected to boost digital payment acceptance at small and micro enterprises in Nigeria, Ghana, Kenya, Uganda, and other key markets in Sub-Saharan Africa.

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Zambia Mulls Increasing Financial Inclusion for Rural Dwellers

The plan is to increase financial inclusion in rural areas from the current 50 percent to 75 percent.

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Paysend Launches Instant Cross-Border Payments for Just $1

Users can quickly connect to Paysend’s global payments network and instantly and cost-effectively send funds to 25 countries and currencies seven days per week, 365 days per year.

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VEON’s Mobilink Microfinance Bank Promotes Financial Inclusion and Supports Farmers with Programmes to Drive Economic Prosperity in Pakistan

The three Mobilink Microfinance Bank initiatives include low-cost 4G handsets for customers bundled with the bank’s digital banking application, e-commerce services for female entrepreneurs, and an agriculture advisory service for farmers in Pakistan. 

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BCP, SOWIT Partner to Boost Financial Inclusion of Moroccan Farmers

The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.

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IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru

The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.

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Silatech Launches Project to Support 89,000 Youths in Cambodia, India and Sri Lanka

The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.

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Karandaaz Joins Hands With FINCA Microfinance Bank to Enable Financial Inclusion of Women

Under this agreement, Karandaaz has committed a grant to FINCA Microfinance Bank Pakistan for initiating and running an exploration program that will help FINCA design gender-sensitive products and communication strategy with the aim of reducing the gender gap.