All News and Announcements
‘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.
10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador
Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.
Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario
With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.
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.
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.
Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro
The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.
Symbiotics Launches $5M Green Bond in Ecuador With FACES
With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador.
Symbiotics Launches $14M Social Bond in Ecuador With "Cacpeco"
The issuance of this Social Bond emphasizes another step in Cacpeco’s social journey that started in 1988 in Latacunga, Cotopaxi, Ecuador.
Ethiopia Sees Jump in Mobile Payments Despite COVID-19
COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.
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.