High-level representatives from Latin America and the Caribbean noted that digital means continued to offer alternative modes for countries to achieve their financial inclusion goals and reach worst-impacted groups.
Women’s World Banking’s Fintech Innovation Challenge provides a global stage to highlight fintech innovations focused on building women's security and prosperity in the face of global inequalities.
WWB Capital Partners II is the second gender-lens investment fund established by Women’s World Banking aiming to close the gender gap by investing in high-performing financial service providers that serve low-income women.
Based at the BRAC Institute of Governance and Development in Bangladesh, the Initiative supports rigorous research projects exploring this theme in South Asia and Sub-Saharan Africa.
The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.
The awards support innovative COVID-19 response and recovery efforts related to savings groups, in the areas of women’s livelihoods, voice and leadership, violence against women, digital savings groups and more.
The loan aims to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.
The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.
African Development Bank Provides $320,535 to Mainstream Gender in Economic Community of West African States' Digital Financial Operations
The funds will support a gender gap analysis of several West African Monetary Agency strategies including those for financial inclusion; gender disaggregation data analytics; digital payment services and infrastructure; and digital identity.