Leveraging innovative satellite and actuarial technologies, IBISA designs and operates parametric insurance products that promote financial resilience in regions where communities are the most vulnerable to the impacts of extreme weather events.

The investment, brokered by CARE Social Ventures, will significantly expand efforts to ensure women and girls have the digital and financial access they need to thrive in today’s world.

In this interview with the 2024 Inclusive Fintech Showcase winners, AFI profiles Mosabi, a Sierra Leone-based platform which blends fintech and edtech to help people manage their businesses and money.

The South African Reserve Bank (SARB) has unveiled an ambitious roadmap that seeks to usher in a cashless era, prioritizing financial inclusion and economic growth.

Licensed digital/online money lenders, who are diverting from the newly issued digital lending guidelines issued in March by the Uganda Microfinance Regulatory Authority (Umra), risk having their licenses revoked, the sector regulator has warned.

Britam General Insurance and Habitat for Humanity International (HFHI) – Terwilliger Centre for Innovation in Shelter (TCIS), have signed a Memorandum of Understanding (MoU) to tackle the low market penetration of property insurance, which currently stands at 0.5%. 

By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability. 

African Guarantee Fund (AGF) has signed a Sh725 million ($5.37 million) risk-sharing partnership agreement with the Kenya Women Microfinance Bank  (KWFT).

Known as the digital ouguiya, the potential CBDC would complement cash. 

With a grant from USAID, Blue Marble will scale an innovative financial product in Kenya to strengthen the climate adaptation of coffee farmers connected to global supply chains.