IFC Invests $150 Million in TBC Bank to Boost SME and Climate Financing in Georgia
IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.
Britam and Habitat for Humanity Expand Partnership to Strengthen Property Insurance Penetration Rate in Kenya
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%.
African Guarantee Fund and Kenya Women Microfinance Bank Ink Deal to Strengthen Women's Access to Finance
African Guarantee Fund (AGF) has signed a Sh725 million ($5.37 million) risk-sharing partnership agreement with the Kenya Women Microfinance Bank (KWFT).
Blue Marble Launches Climate Adaptation Project With Support From USAID
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.
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
Through Mastercard Cross-Border Services, Equity Bank customers will be able to send funds through any Equity Branch Location in Kenya.
Symbiotics Capacity Building Enhances Access to Affordable Housing for Smallholder Farmers and Microentrepreneurs in Kenya
With funding from REGMIFA, Symbiotics Capacity Building facilitates the design and roll-out of JKL’s housing micro loan with the support of Housing Development Finance Consultants Africa “HDFC” Ltd.
Kenya and Tanzania Launch Project to Boost Financial Inclusion
Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations to boost financial inclusion in the two countries.
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.
Microcredit Helps Ukrainian Refugees Start Businesses in Georgia
Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.