All News and Announcements

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News

South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

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.

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ILO and KfW Join Forces to Empower Iraqi Small and Medium Enterprises and Foster Inclusive Growth

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

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EBRD And Green Climate Fund Join Forces to Boost Climate Finance In Jordan

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

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Near East Foundation Launches Siraj Financial Services to Expand Micro and Small Enterprise Financing in Northern Syria

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.

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Zain Bahrain Launches New Fintech Company, Bede App

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

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Fintech Promotes Financial Inclusion in Bahrain

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

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AFI’s Arab Region Policy Initiative Takes Shape

Through AFI’s Arab Region Financial Inclusion Policy Initiative, AFI members will share knowledge and support peers, helping to ensure the success of national initiatives while promoting harmonized regional policies.

News

Habitat for Humanity International Update - MicroBuild Fund

MicroBuild will provide significant debt relief to Al Majmoua to help alleviate financial pressures and support the MFI’s ongoing efforts to fulfill its social objectives.

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Ebdaa Bahrain Microfinance Teams up With MFSYS to Digitize Banking Services

The objective of the partnership is to fully digitize all banking services offered by the company, a significant move to enhance the overall digital experience for Ebdaa's customers.

News

Bahrain: Mastercard and BIBF Collaborate to Boost Financial Inclusion

Mastercard has joined forces with a renowned training and development organization Bahrain Institute of Banking and Finance to drive financial inclusion in the country and the wider region.