Mastercard and RISE Mark Significant Progress in Wage Digitalization Project, Reaching 24,000 Garment Workers Across Egypt
The Mastercard Center for Inclusive Growth and RISE announce significant progress of their joint wage digitalization project in Egypt, which aims to enhance financial inclusion and resilience among garment workers.
EBRD and Consortium of Investors Acquire Egypt’s Tamweely Microfinance
The acquisition will support Tamweely’s domestic growth strategy and boost its competitiveness and resilience, enabling it to become one of the country’s leading microfinance providers.
Increasing Financial Inclusion in Egypt’s Garment Sector through Responsible Wage Digitalization: Benefits for Workers and Business
This report sets out the results from supporting nine factories in five governorates in Egypt with over 24,000 workers with wage digitalization and enabling workers to access, use and benefit from their accounts.
CIB, ADIB Egypt Promote Financial Inclusion With Youth-Focused Services
The initiative aims to raise awareness among young people about digital literacy, enhance digital financial inclusion, and encourage youth to join the financial sector and benefit from banking products and services.
Open Finance Self-Assessment Tool and Development Roadmap
This technical guide introduces the open finance self-assessment tool and development roadmap. It provides practical tools for policymakers to use to decide whether to implement an open finance regime to advance financial inclusion.
South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises
Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.
Four Major Challenges Faced by Mobile Money Users in Senegal
As access to digital finance grows, so do the risks. A concrete action plan involving all stakeholders is needed to address them.
At COP28, Senegal Becomes 25th Country to Back Declaration for Simplified and Consistent Access to Climate Finance With LoCAL
The declaration adds momentum to ministers' repeated calls for increased adaptation finance for African nations, Small Island Developing Sates and Least Developed Countries.
Feasibility Study on Climate Risk Insurance in Senegal
This study examines the growing impact of climate induced disasters on the agriculture sector in Senegal and explores financial gaps that could feasibly be filled through climate risk insurance solutions.