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.
USAID Launches Rural Financial Inclusion Program in Guatemala
As part of the program, USAID will provide an initial investment of over $6 million to launch a Feed the Future rural financial inclusion program in Guatemala.
Developing an Impact Monitoring System for Sida’s Guarantee Instrument
This publication shares key learnings from case studies from Guatemala and Bosnia and Herzegovina and illustrates their contribution to co-designing an impact monitoring system for Sweden’s guarantee instrument.
Breaking the Cycle of Generational Poverty in Guatemala Through Microfinance
According to a recent report U.S.-based Friendship Bridge shows clear evidence of achieving its aim of breaking the cycle of generational poverty among rural families in Guatemala.
Symbiotics Investments Supports the Digitization of Traditional Money Circles in Egypt Through a Loan to Money Fellows
Symbiotics Investment granted Money Fellows, an Egyptian fintech, a $2.25 million loan to digitize money circles and expand its operations locally.
Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America
Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.
ADIB Egypt to Launch Egypt’s First Sharia-Compliant Microfinance Firm
The move comes within the framework of the bank’s plans to achieve financial inclusion and boost the sector of micro-sized enterprises in Egypt.
Egypt: Reefy Microfinance Raises $6.5 M to Expand MSME Loan Portfolio
The financial backing aims to enable the microfinance institution to support more SMEs in a context marked by economic challenges in Egypt.
Network International to Drive Financial Inclusion and Make Digital Payments More Accessible in Egypt
Newly launched direct-to-merchant acquiring service in Egypt aims to boost digital payment acceptance in the region.
Financial Inclusion in Egypt Reaches 65 Percent in 2022
The Central Bank of Egypt reports an increase in financial inclusion as total ownership of transactional accounts reach 64.8 percent of the total 65.4 million eligible adult population at the end of 2022.