All News and Announcements

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IFC Partners With Li & Fung and LFX to Support SME Growth and Digitalization in Asia's Supply Chains

The $75 million IFC loan will support Li & Fung's working capital needs and its supply-chain fintech affiliate Air8 in expanding its supply-chain solutions and financing services for small and medium-sized enterprises (SMEs).

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Call for Proposals - Cracking the Nut 2024: Preparing for Accelerated Climate Change

Make your voice heard at this year's Cracking the Nut Conference by submitting a proposal to present by Friday, June 21!

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World’s Largest Gender-Lens Fund Starts Operating With New Investment Strategy to Help Address the $1.7 Trillion Gender Gap

This strategy aims to address the $1.7 trillion gender gap by providing responsible financial services to underserved women, women-owned, and women-led businesses in developing markets.

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‘Formalizing the Informal’ – Boosting Low-Income Entrepreneurs’ Financial Health in Africa and Beyond

In this interview with the 2024 Inclusive Fintech Showcase winners, AFI profiles Mosabi, a Sierra Leone-based platform which blends fintech and edtech to help people manage their businesses and money.

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Announcing Women's World Banking's New Program, Women in Inclusive Tech Regulation

Apply to this program delivered by experts from Women’s World Banking, AIR, NYU, and UPenn, focusing on cutting-edge technology and closing the gender gap in financial inclusion.

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Yabx and Fintech Galaxy Partner to Boost Financial Inclusion in the MENA Region

The collaboration targets initial improvements in UAE, Saudi Arabia, Jordan, and Bahrain with future expansion plans for North Africa. 

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The IMF Has Raised the Alarm Bell on Pakistan’s Microfinance Sector. Where Does It Stand?

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

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India: RBI Cautions Micro Lenders, NBFCs Against High, ’Usurious’ Interest Rates

The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power. 

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Argentine Banks File Complaint Against Mercado Libre Over its Fintech Business

This marks a significant escalation in a longstanding dispute between the financial sector and the Buenos Aires-based fintech giant.

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Mastercard Center for Inclusive Growth and data.org Launch Artificial Intelligence to Accelerate Inclusion Challenge

The AI2AI Challenge will focus on inclusive growth, ensuring that the benefits of this rapidly advancing data technology extend to all segments of society.