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.

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.

With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.

The IFC funding to Moldova's leading commercial bank and lender will support the bank's on-lending to micro, small, and medium enterprises (MSMEs), a key pillar of the Moldovan economy.

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.

The collaboration will help address the liquidity constraints that micro, small, and medium enterprises are facing in the country, supporting economic stability.

The investment particularly aims to bolster the ability of micro and small enterprises to continue operations in an environment made difficult by the COVID-19 crisis.

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