All News and Announcements

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News

Mastercard Advocates Financial Inclusion and Economic Growth at Tanzania Industry Forum

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

News

Kenya and Tanzania Launch Project to Boost Financial Inclusion

Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations to boost financial inclusion in the two countries.

News

EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia

This week IFAD launched  the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

News

IFC Invests in Shinhan Finance to Support Smaller Businesses in Kazakhstan

The financing will allow Shinhan Finance to continue providing much-needed longer-term loans and enhance the resilience of smaller enterprises, which are critical for economic growth and job creation.

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IFC Launches Women’s Economic Empowerment Program in Tanzania

Anaweza: She Can, launched by IFC, is a wide-ranging program to empower women across Tanzania's economy to access financing, attain leadership positions in the private sector, and launch or grow businesses.

News

IPA Hosts UN Secretary-General’s Special Advocate Queen Máxima to Meet With Mobile Money Users in Tanzania

In her role as UNSGSA, Queen Máxima spoke with entrepreneurs and mobile money agents at the market to better understand the impacts of mobile money on the growth of their businesses.

News

TMRC Signs MoU With Habitat to Boost Housing Finance

This is the first step in the organizations' joint effort to expand and strengthen the low-income housing finance sector in Tanzania. 

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African Development Bank and African Guarantee Fund Sign $110 Million Agreement With Tanzania’s CRDB Bank to Boost Access to Finance by Women’s SMEs

The bouquet of financing will enable CRDB to significantly impact the socio-economic growth of the region by empowering small businesses, especially women, and unleashing their full potential.

News

ADB Lends $15M to KMF to Boost Financial Inclusion for MSMEs, Post-COVID Growth in Kazakhstan

The loan is intended to boost its services to micro-, small, and medium-sized enterprises – especially in rural areas – to “improve financial inclusion and contribute to Kazakhstan’s recovery from the COVID-19 pandemic.”

News

ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan

This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.