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Showing 1 - 10 of 19
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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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.

News

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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AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia

More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.

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Evocabank Raises $7.5 Million From Symbiotics

Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.

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AFC Experts Develop a Climate Impact Tool - A Decisive Step Towards Reducing CO2 Emissions in Armenia

The project allows for financing of various loan purposes, for example purchase of housing from primary and secondary markets, renovation, and single-family house construction.

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Symbiotics Opens New Offices in Armenia and India

This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.

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Symbiotics Launches $6.75 M Sustainability Bond in Armenia With ACBA Bank OJSC

ACBA has committed to use the proceeds of the Sustainability Bond for both social and green projects, in line with the ICMA Sustainability Bond Principles.

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Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million

Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.

News

IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia

Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?