The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.

Finastra has announced plans around a range of initiatives which will enable its customers to accelerate through change, as well as creating positive outcomes for millions of people around the world.

The Green for Growth Fund has provided TBC Leasing with a loan of $5 million equivalent in Georgian lari to bolster energy efficiency measures among small and medium enterprises.

Based on a sample of more than 540 representatives from MSMEs across all provinces, the survey revealed that over 80 percent of businesses have suffered from a slump in sales.

New research released by Heifer International revealed 97 percent of smallholder farmers in Uganda have seen their income drop since the beginning of the COVID-19 pandemic,

According to Pakistan Microfinance Network, negative effects of the pandemic are obvious since March 2020.

With support from MetLife Foundation, the UNCDF Financial Innovation Lab launched the COVID-19 Financial Health Challenge, focusing on solutions that can help build and improve financial health and resilience of individuals and small businesses.

Overall, remittances to the Asia-Pacific region will drop 12 percent in the second half of 2020 compared with the same period last year, Fitch Ratings says.

The Kenya Bankers Association will work with Huawei to spearhead industry-wide education in fintech innovation, digital transformation, and other ICT-related programs.

Symbiotics has arranged its first bond, the proceeds of which are solely used to finance renewable energy projects.