The BBVA Microfinance Foundation (BBVAMF) has joined the Women Entrepreneurs Finance Code (WE Finance Code) initiative, coordinated by We-Fi, a global alliance housed in the World Bank, which aims to boost financing for women-led or women-owned businesses.

The forum offers an incredible opportunity to connect with industry leaders, gain valuable insights, and discover new ways to drive positive social and environmental change.

The conference highlighted the need for a national regulatory framework for savings groups and the establishment of an Apex organization to support them.

To boost the contribution of small businesses and empower them to unlock their full potential, Mastercard pledged to bring 50 million SMMEs worldwide into the digital economy by 2025.

The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.

The collaboration will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers and telcos face when launching payment programs.

’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.

The program brings together leaders at the forefront of economic and financial inclusion for six days of intensive in-person leadership training, networking, and knowledge sharing at Harvard Business School campus in Boston.

The move aims to boost financial inclusion and support small businesses.

By joining, CARE commits to championing women-led businesses and working to eliminate financing gaps for women entrepreneurs.