All News and Announcements

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News

‘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.

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Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion

The association, known as the Congolese Fintech Network, will seek to enhance access to investment opportunities and promote information sharing in Congo, with a goal to accelerate financial inclusion.

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Rawbank’s illicocash & Mastercard Team to Launch Virtual Cards

The strategic partnership aims to facilitate financial inclusion by providing consumers and businesses with a new and effortless way to conduct e-commerce transactions in the Democratic Republic of Congo.

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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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Opportunity International Awarded $2 Million Grant From Visa Foundation to Remove Barriers and Unlock Capital to Women-Led Business

The grant will allow Opportunity International to provide micro and small business loans, digital tools and specialized technical training to women-led small- and micro businesses in the Democratic Republic of the Congo (DRC), Ghana, Nigeria and Uganda.

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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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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.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

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Flash Money App Launches to Boost Financial Inclusion in Congo

Congo-based fintech Flash has launched a payment tool including a Visa card offering, Flash Money, for the Congolese market.