All News and Announcements

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News

More Nigerians to Benefit From COVID-19 Loan

The Central Bank of Nigeria, through NIRSAL Microfinance Bank, has announced the reopening of its portal for Micro Small and Medium Enterprises and households affected by COVID-19 to access up to $70,000.

News

Sao Tome and Principe: World Bank Boosts Improvements in the Banking System, Access to Finance

This $7 million financing for the ongoing Institutional Capacity Building Project will help scale-up activities with the Central Bank of Sao Tome and Principe and support system modernizations as part of the COVID-19 mitigation response.

News

Amsterdam Fintech Week to Explore How to Make Financial Services More Accessible

While enabling the market to do it’s work, the event also aims to explore how the fintech community can make financial services more accessible, understandable and impactful.

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Kenya: Remittances to Kenya Resist COVID-19

The increase in remittances comes despite the impact of the pandemic on wages and employment across the world.

News

Monetary Authority of Singapore (MAS) Joins Mojaloop Foundation for Financial Inclusion

The foundation's announcement said that Mojaloop will benefit from Singapore's policy development perspectives and technical guidance.

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MoneyGram Announces Mobile Wallet Capabilities Expansion in Africa Through New Strategic Partnerships

The company reported that the new partnerships are with Airtel, Thunes, InTouch and MFS Africa.

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IFC Supports ProducePay to Improve Mexican Farmers' Access to Finance and Global Supply Chains

The investment will help reduce traditional banking costs and improve supply chains boosting financial access, productivity and exports.

News

IGAD and UNCDF Announce Agreement to Formalize, Enhance Regional Remittance Flows

Technical assistance collaboration will review relevant policies and regulations, promote cross-border coordination to shift remittances into safer, more transparent formal channels.

News

Africa: IFC Announces $2 B Investment in SMEs and Trade to Support Recovery From COVID-19

The $2 billion IFC commitment will support the continent's economic recovery from the pandemic by sustaining and creating jobs and business activity.

News

Tunisia: Islamic Social Financing to Support Efforts to Recover and Rebuild From COVID-19 Pandemic

The initiative will include the International Dialogue on the Role of Islamic Social Financing in Achieving the SDGs, which will launch critical discussions including with global leaders and Islamic institutions on the role of Islamic social financing.