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Funding for female-led start-ups: are accelerators widening the gender gap?
Equity
Gender Finance
The devastating economic impact of the coronavirus pandemic is amplifying existing inequalities, which may be felt for years to come. Entrepreneurship is no exception. Even before the pandemic, there was a stark gap between access to capital for female-led entrepreneurs and their male counterparts. It’s only gotten worse in the past year. A recent...
Leader Dialogue Series - Interview with Joséphine Anan-Ankomah, Group Executive for Commercial Banking, Ecobank
Covid-19
Digital Transformation
The SME Finance Forum’s Fireside Chat, now called "Leader Dialogues" , is a new series of one-on-one interviews with CEOs, senior executives of financial institutions and technology companies as well as financial sector regulators. In this edition, Joséphine Anan-Ankomah, Group Executive for Commercial Banking of Ecobank, talks with Matt Gamser,...
Leader Dialogue Series - Interview with Sitoyo Lopokoiyit, Head of M-Pesa Africa Leadership Team
Covid-19
Payments
The SME Finance Forum’s Fireside Chat, now called "Leader Dialogues" , is a new series of one-on-one interviews with CEOs, senior executives of financial institutions and technology companies as well as financial sector regulators. In this edition, Sitoyo Lopokoiyit, the head for the M-Pesa Africa leadership team, talks to Matt Gamser about...
PPRO Partners with Banking Circle to Add Value to PSP Propositions
Digital Transformation
Payments
PPRO , the global provider of local payments infrastructure, is working with Banking Circle, the ground-breaking financial infrastructure provider, to enhance the PPRO service offering, supporting PSPs working with cross border e-commerce merchants. The partnership underlines the effectiveness of Banking Circle as a next-generation provider of...
New unified national financing registration system to improve SME lending in China
Credit Risk & Scoring
Unified registration mechanism to use movable property, rights as collateral China has established a unified national financing registration system that uses movable property and rights as pledges, which is expected to increase loans for small and medium-sized enterprises and improve the overall business environment. The unified system has been...
Our Member FCMB continues promoting SMEs, extends financial support to over 15,000 women
Gender Finance
First City Monument Bank, a foremost financial services provider in Nigeria, has continued her aggressive drive and support for the Small and Medium Enterprises sector in the country. The bank, which was recently voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment, has made...
Triodos Investment Management provides EUR 5 million funding to Lovćen banka in Montenegro
Guarantees
Triodos Fair Share Fund and Triodos Microfinance Fund have provided a EUR 5 million debt facility to Lovćen banka in Montenegro, which largely targets small and family businesses. Rosanna Sarkeyeva, Regional Manager for Eastern Europe, the Caucasus and Central Asia: “This transaction supports Lovćen banka’s strategy to increase its outreach to...
Handbook - Technology and Digitization in Supply-Chain Finance
Supply & Value Chain Finance
Micro-, small-, and medium-sized enterprises (MSMEs) face significant challenges in obtaining the financing and other resources they need to thrive. IFC, as a member of the World Bank Group, is committed to supporting these businesses by mobilizing private and public sector stakeholders to expand financial inclusion. Digital integration of “...
Medical Credit Fund reaches $100 million in capital disbursement
Financial Inclusion
Medical Credit Fund reached a disbursement milestone of $100 million in capital. As the only fund fully dedicated to the African health sector, its support has been critical for the continuation and improvement of care in many sub-Saharan regions, especially in the past crisis year. The Corona pandemic has put private facilities under increased...
Frontier Africa Regional Report-COVID-19 Exposes Pre-Existing Challenges
Covid-19
Sub-Saharan Africa was hit hard by the COVID-19 shock in 2020, experiencing the first recession in roughly thirty years. However, the impact of the public health crisis and pandemic-induced global recession has been less severe than in-itially feared, and weaker than in other EM regions. This is the result of commodity prices recovering faster...