All News and Announcements

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News

IFC Launches Women’s Economic Empowerment Program in Tanzania

Anaweza: She Can, launched by IFC, is a wide-ranging program to empower women across Tanzania's economy to access financing, attain leadership positions in the private sector, and launch or grow businesses.

News

IFC launches Sourcing2Equal Colombia Program to Promote Businesses Between Women Owned/Led SMEs Suppliers and 15 Corporate Buyers

+ Sourcing2Equal Colombia brings together 15 corporate buyers operating in Colombia to make specific and measurable commitments to increase access to corporate procurement opportunities for women-owned small and medium enterprises.

News

Incofin Raises Growth Capital From New Shareholders DPAM and Korys

The capital Incofin raised from the new shareholders will boost the company’s capacity to launch new initiatives, including funds integrating a smart climate and gender lens. 

News

MicroVest Invests $10 Million in Annapurna to Support Financial Inclusion for Women in India

The $10 million MicroVest investment in Annapurna microfinance aims to promote economic inclusion in underserved rural communities, with a specific emphasis on empowering women in India.

News

Peace Microfinance Bank Champions Women’s Empowerment and Education

Through the Training, Advocacy, Research, and Mentorship (TARM) project, Peace Microfinance Bank Ltd. aims to empower female teachers to guide and motivate adolescent girls to pursue their education in Nigeria.

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Women’s Exclusion From the Digital World Has Withheld $1 Trillion From Low- And Middle-Income Countries" GDP

The UN Women’s Gender Snapshot 2022 report concludes that over the last decade women’s exclusion from the digital world has deprived low- and middle- income countries of up to $1 trillion of their gross domestic product.

News

Visa Committed to Financial Literacy and Women’s Empowerment in Cambodia

Visa has recently implemented several successful initiatives that demonstrate its commitment to support the government’s mission to elevate financial literacy and inclusion among women and young people across Cambodia.

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VEON’s Mobilink Bank Becomes First Microfinance Bank Globally to Join the GSMA Connected Women Commitment Initiative

The global digital operator VEON last week announces that Mobilink Microfinance Bank Ltd. in Pakistan has signed up to the GSMA’s Connected Women Commitment Initiative set up to accelerate digital and financial inclusion for women.

News

Svasti Microfinance Raises $5M From IIX's Women's Livelihood Bond 5, the World's First Orange Bond Issuance

Mumbai-based Svasti Microfinance has received $5 million through Non-Convertible Debentures from Singapore-based Impact Investment Exchange's Women's Livelihood Bond 5, the proceeds of which will go toward empowering women through income-generating activities.

News

Argentine Foreign Minister Lauds Brac’s Social Development and Financial Inclusion Initiatives

Argentine Foreign Minister Santiago Andres Cafiero visited BRAC head office on Monday to learn about BRAC's approach to designing anti-poverty solutions, especially with a focus on women's empowerment and financial inclusion of rural women.