The EUR 275-million platform in Poland will help financial institutions resolve their non-performing loans, allowing individuals and businesses to restore their creditworthiness, and bolstering the country's banking sector.

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.

This week IFAD launched  the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.

A new joint program will work to unlock access to sustainable finance, especially for young and women entrepreneurs.

The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.

The incorporation of SFS signifies a major milestone in supplying unmet demand for micro and small enterprise financing in Northern Syria and provides a huge opportunity for attracting non-traditional partners and funders.

Bede is an innovative Shariah-compliant fintech mobile app offering a seamless and convenient consumer microfinance service in just a few taps.

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.