All News and Announcements
Mastercard and RISE Mark Significant Progress in Wage Digitalization Project, Reaching 24,000 Garment Workers Across Egypt
The Mastercard Center for Inclusive Growth and RISE announce significant progress of their joint wage digitalization project in Egypt, which aims to enhance financial inclusion and resilience among garment workers.
EBRD and Consortium of Investors Acquire Egypt’s Tamweely Microfinance
The acquisition will support Tamweely’s domestic growth strategy and boost its competitiveness and resilience, enabling it to become one of the country’s leading microfinance providers.
CIB, ADIB Egypt Promote Financial Inclusion With Youth-Focused Services
The initiative aims to raise awareness among young people about digital literacy, enhance digital financial inclusion, and encourage youth to join the financial sector and benefit from banking products and services.
Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched
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.
South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises
Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.
New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka
The newly established Secured Transactions Registry aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in Sri Lanka.
USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services
This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.
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.
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.
Symbiotics Investments Supports the Digitization of Traditional Money Circles in Egypt Through a Loan to Money Fellows
Symbiotics Investment granted Money Fellows, an Egyptian fintech, a $2.25 million loan to digitize money circles and expand its operations locally.