All News and Announcements

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News

KIMS Microfinance Signs Strategic Partnership Agreement Gargaara Finance Limited

Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.

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Rawbank’s illicocash & Mastercard Team to Launch Virtual Cards

The strategic partnership aims to facilitate financial inclusion by providing consumers and businesses with a new and effortless way to conduct e-commerce transactions in the Democratic Republic of Congo.

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British International Investment and Compagnie Financière Africaine (COFINA) Advance Gender Finance for Small Businesses in Côte D’Ivoire Through EUR 14 Million Loan

The partnership will enhance local Micro-, Small- and Medium-sized Enterprises’ access to much needed credit for business growth, help create jobs and address gender finance gap.

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Orange Finances Money Mali and TerraPay Forge Strategic Partnership for Seamless Cross-Border Payments

This partnership marks a significant milestone in the digital financial landscape for Mali, connecting over 12 Million Malians to the vast diaspora residing across the globe.

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WEF Lauds OPay for Revolutionizing Financial Inclusion in Nigeria

One of the leading digital and mobile banking institutions in Nigeria, OPay, has been praised for revolutionizing financial inclusion in the country and Africa.

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Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico

Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.

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At COP28, Senegal Becomes 25th Country to Back Declaration for Simplified and Consistent Access to Climate Finance With LoCAL

The declaration adds momentum to ministers' repeated calls for increased adaptation finance for African nations, Small Island Developing Sates and Least Developed Countries.

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Treasury Publishes Financial Inclusion Policy Framework for South Africa

The National Treasury yesterday published the Financial Inclusion Policy Framework for South Africa, titled “An Inclusive Financial Sector for All” following the endorsement and approval of the policy framework by Cabinet on 8 August 2023.

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LAPO Microfinance Bank Wins Ninth Consecutive “Microfinance Bank of The Year” Award at BAFI 2023

This award recognizes LAPO’s outstanding contributions to the microfinance sector and its pivotal role in improving the livelihoods of countless individuals and businesses.

News

Hope Rises for SMEs as BaobabPlus, TradeLenda Offer Solar Solutions

Under the partnership, Trade Lenda will offer credits to SMEs to acquire solar energy solutions offered by BaobabPlus to run their businesses.