’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 Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.

Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.

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.

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.

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.

Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.

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

The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.