Tag Archives: MICROFINANCE

IFC Promotes Mobile Financial Services in Cote d’Ivoire to Encourage Inclusive Development

ABIDJAN, Côte d’Ivoire, May 14, 2013/African Press Organization (APO)/ IFC, a member of the World Bank Group, and The MasterCard Foundation today convened key financial industry players to build further momentum for mobile financial services in Cote d’Ivoire. The event recognized the market’s enormous potential, especially for increasing access to finance for low income households, small scale businesses and in hard-to-reach areas.

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Posted in African News, Republic of Côte d'Ivoire (Ivory Coast) | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

IFC fait la promotion des services financiers mobiles en Côte d’Ivoire afin de favoriser un développement inclusif

ABIDJAN, Côte d’Ivoire, 14 mai 2013/African Press Organization (APO)/ IFC, un membre du Groupe de la Banque mondiale, et la Fondation MasterCard ont réuni aujourd’hui des acteurs majeurs de l’industrie financière afin de donner un élan supplémentaire aux services financiers mobiles en Côte d’Ivoire. L’événement a permis de souligner le potentiel considérable du marché, notamment pour étendre l’accès au financement aux foyers à faibles revenus, aux petites entreprises et dans les zones difficiles d’accès.

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Posted in French, Republic of Côte d'Ivoire (Ivory Coast) | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Kenya’s Newest Payments Innovation: Equity and Google launch Electronic Payments

Posted in African News, Kenya News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

South Africa’s mobile money industry remains innovative and diverse

Mobile Money Africa returns to Johannesburg in May

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Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Mobile money is not just money transfer. To bring real and impactful financial services to the unbanked, one needs a platform that supports the whole ecosystem of mobile money services.”

Posted in African News, Interview, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

IFC Makes First Islamic Finance Investment in Sub-Saharan Africa

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges.

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Posted in African News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

AFCOPB and Bank of Ghana signed partnership agreement for the 1st West Africa Microfinance Conference in Accra

An agreement was signed between the African Centre for Peace Building-AFCOPB and Bank of Ghana to pave way for the successful implementation of the 1st West Africa Microfinance Conference (WAMIC 2013) to be held in Accra from April 24-26, 2013

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Posted in African News, Ghana News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Mobile Money Africa returns to Johannesburg as industry remains dynamic

Mobile Money Africa Awards launched to celebrate industry leaders

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Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Zimbabwe’s Central Bank investigation opens a can of worms

 

An investigation conducted by the Reserve Bank of Zimbabwe (RBZ) into operations of the country’s Micro-Finance Institutions (MFIs) and money-lending institutions has exposed a plethora of illegal activities by the institutions impacting on the country’s economic development.

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Posted in African News, Zimbabwe News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

DEMANDE DE COUVERTURE MEDIATIQUE ATELIER DE RESTITUTION

GROUPE DE LA BANQUE AFRICAINE DE DÉVELOPPEMENT AFRICAN DEVELOPMENT BANK GROUP

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International Funding for Microfinance Continues to Grow, Reaches at Least US$25 billion in 2011

 

WASHINGTON, Dec., 2012 /PRNewswire-USNewswire/ — International funding for microfinance reached at least $25 billion in 2011, CGAP’s Cross-Border Funder Survey shows. The total amount committed has increased over the past five years, though at a slower rate in the last two years: average annualized growth decreased from 17 percent per year between 2007 and 2009 to six percent per year between 2009 and 2011. Even though funders committed the same amount to new projects in 2011 compared to 2009, more projects closed in the past two years, which accounts for the slower growth rate.

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Posted in African News, World News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment