All News and Announcements

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News

USAID Launches Rural Financial Inclusion Program in Guatemala

As part of the program, USAID will provide an initial investment of over $6 million to launch a Feed the Future rural financial inclusion program in Guatemala.

News

Breaking the Cycle of Generational Poverty in Guatemala Through Microfinance

According to a recent report U.S.-based Friendship Bridge shows clear evidence of achieving its aim of breaking the cycle of generational poverty among rural families in Guatemala.

News

Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America

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

News

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.

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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.

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Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras

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

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IFC Partners With Banco G&T Continental in Guatemala to Launch Its Climate Finance Business, Expand SME and Housing Finance

The $80 million-dollar funding will help G&T launch its climate finance business, a first in the country, focusing on financing green buildings and green housing projects.

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Ethiopia Sees Jump in Mobile Payments Despite COVID-19

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

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IFC Supports Banco Agromercantil, BAM to Expand Financing for SMEs Affected by COVID-19, Helping Economic Recovery in Guatemala

More than 1000 micro, small, and medium enterprises (MSMEs) in Guatemala will have improved access to finance, as a result of a partnership between IFC and Banco Agromercantil.

News

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.