Accelerating Financial Inclusion in Nigeria: Six Key Insights from the 2024 National Savings Group Conference
The conference highlighted the need for a national regulatory framework for savings groups and the establishment of an Apex organization to support them.
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.
Nigeria’s Access Bank Gets $295 Million to Help Small Firms
The money will "empower local small- and medium-sized enterprises, with a particular focus on underserved segments such as youth and women-owned businesses, agricultural enterprises, and very small enterprises".
Enterprise Life Assurance Promotes Financial Literacy Initiatives in Schools
The firm was committed to educating young people about the importance of insurance and financial planning from an early age.
Nigeria: ANWBN, Unity Bank Support 90 Female Groups on Financial Inclusion
The Association of Nigerian Women Business Network has partnered with Unity Bank Plc to reach over 90 women’s groups across Nigeria to unveil the Yanga account in Abuja.
Mastercard, Zenith Bank Introduce New Payment Cards to Accelerate Financial Inclusion
The Mastercard Naija Card and the World Elite Credit Card are designed to address the diverse financial needs of consumers in Nigeria.
Nigeria: Access Bank to Boost Financial Inclusion With Offline Platform
The idea was launched in collaboration with RemitPlus, which has been championing offline banking in Nigeria.
Palmpay Drives Financial Inclusion With Cost-Saving Benefits for Users
Africa-focused fintech platform PalmPay has unveiled two cost-saving financial products in its continued drive for financial inclusion across Nigerian communities allowing users of the app to enjoy unlimited free transfers to all banks in the country.
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.