Two Steps Behind: Social Inequality Poses a Challenge for Women’s Financial Inclusion in DR Congo
A recent FINCA survey of clients in DR Congo shows that women entrepreneurs are confined to the smallest, least profitable businesses. Getting a realistic picture of the obstacles women face helps prepare us for the task ahead of shifting the ground in women’s favor.
Using Data and Machine Learning to Close the Gender Gap in DR Congo
Differences in product awareness show that we need to look deeper at sub-segments among women if we want to achieve equality of financial access.
Formalizing Remittances for Forcibly Displaced People: Findings from the Democratic Republic of the Congo
The lifeline provided by remittances can help advance financial inclusion among vulnerable populations.
Nampost Gets Concessional Loan of N$235 Million to Microfinance Pensioner Services
Public financial institution, the French Development Agency disbursed a concessional loan of N$235 million loan to finance the growth of NamPost’s microfinance business, specifically targeting NamPost’s microfinance activities aimed at pensioners.
Opportunity International Awarded $2 Million Grant From Visa Foundation to Remove Barriers and Unlock Capital to Women-Led Business
The grant will allow Opportunity International to provide micro and small business loans, digital tools and specialized technical training to women-led small- and micro businesses in the Democratic Republic of the Congo (DRC), Ghana, Nigeria and Uganda.
Flash Money App Launches to Boost Financial Inclusion in Congo
Congo-based fintech Flash has launched a payment tool including a Visa card offering, Flash Money, for the Congolese market.
Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion
The association, known as the Congolese Fintech Network, will seek to enhance access to investment opportunities and promote information sharing in Congo, with a goal to accelerate financial inclusion.
Rawbank’s illicocash & Mastercard Team to Launch Virtual Cards
The strategic partnership aims to facilitate financial inclusion by providing consumers and businesses with a new and effortless way to conduct e-commerce transactions in the Democratic Republic of Congo.