Promoting transparency and innovation to scale-up and deepen microfinance outreach in Africa
Banks' interest rates are capped at four per cent above the central bank rate.
The first AfDB Digital Finance Week (DFW) took place from September 19-22, 2016 in the CCIA Building in Abidjan.
It will also offer Insurance Premium Financing products.
The program will be implemented in Ivory Coast, Senegal and Madagascar.
The CCA could become a banking institution.
Growing number of microfinance institutions are joining the Instafin community - Oradian’s award-winning software which is empowering microfinance institutions to advance financial inclusion.
The government wants to help empower young people and women.
It said MFIs are focusing on urban areas to maximise profit.
This envelope will boost SMEs' access to finance in the country.