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COVID-19 Loans for MSMEs Reach PHP 4.3 Billion

The loans approved under the COVID-19 Assistance to Restart Enterprises program is said to have benefited 29,816 enterprises in the Philippines.

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COVID-19 Second Wave Takes a Toll on Digital Payments

Digital payment transactions have fallen sharply between April and May after sustaining a rising trend till March, hit by the second wave of COVID-19 pandemic in India.

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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.

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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.

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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.

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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.

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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.