The conference highlighted the need for a national regulatory framework for savings groups and the establishment of an Apex organization to support them.

To boost the contribution of small businesses and empower them to unlock their full potential, Mastercard pledged to bring 50 million SMMEs worldwide into the digital economy by 2025.

The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.

’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.

The move aims to boost financial inclusion and support small businesses.

The money will "empower local small- and medium-sized enterprises, with a particular focus on underserved segments such as youth and women-owned businesses, agricultural enterprises, and very small enterprises".

The firm was committed to educating young people about the importance of insurance and financial planning from an early age.

The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

The Government of São Tomé and Príncipe, in partnership with the United Nations Capital Development Fund, last week announced the launch of the Local Climate Adaptive Living Facility.

The green lending program will increase financing to small-scale green projects across Africa, South and Southeast Asia through MSME lenders, with a particular focus on India.