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News

‘CheGebeya’: An Innovative Digital Supply Chain Financing Initiative for MSMEs in Ethiopia

’Chegebeya’ translated as ’Che Market’ aims to revolutionize the financial ecosystem for Micro, Small, and medium enterprises (MSMEs) in Ethiopia by modernizing the supply chain of Fast-Moving Consumer Goods.

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Last Call to Register for the 26th MFC Annual Conference!

This is the last call to register for the 26th Microfinance Centre (MFC) Annual Conference, which will take place on 14-15 May 2024 in Cracow, Poland.

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EOS Group, IFC Partner to Resolve Non-Performing Loans, Boost Lending in Poland

The EUR 275-million platform in Poland will help financial institutions resolve their non-performing loans, allowing individuals and businesses to restore their creditworthiness, and bolstering the country's banking sector.

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Launching a Project for Innovative Agent Network Solutions in Ethiopia

UNCDF launches the Cash-in/Cash-Out (CICO) project in Addis Ababa, Ethiopia, bringing together key stakeholders from Ethiopia's banking sector, MNOs, Fintechs, MFIs, development agencies and other digital financial services ecosystem players.

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UNCDF Partners With Google to Accelerate the Growth and Resilience of Ethiopia's MSMEs Through Digitalization

Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.

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Ethiopia Sees Jump in Mobile Payments Despite COVID-19

COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.

News

Ethiopia Allows Local Banks To Borrow From Foreign Banks

The decision of the National Bank of Ethiopia followed the chronic foreign currency shortage the country has been facing for many years.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.