Microfinance News

Microfinance Capacity Building Fund (MCBF)

24.10.2016

Promoting transparency and innovation to scale-up and deepen microfinance outreach in Africa

Kenya: The microfinance sector will benefit from the cap on interest rates, says bank CEO

28.09.2016

Banks' interest rates are capped at four per cent above the central bank rate.

African Development Bank and MFW4A hold Digital Finance Week

26.09.2016

The first AfDB Digital Finance Week (DFW) took place from September 19-22, 2016 in the CCIA Building in Abidjan.

Kenya: New microfinance bank focusing on SMEs

30.06.2016

It will also offer Insurance Premium Financing products.

Mastercard grants $12 million to Microcred to strengthen financial inclusion

23.06.2016

The program will be implemented in Ivory Coast, Senegal and Madagascar.

Cameroon: AfricInvest to acquire a stake in microfinance institution CCA

05.02.2016

The CCA could become a banking institution.

Oradian Continues to Empower Microfinance Institutions in Nigeria With Instafin

06.01.2016

Growing number of microfinance institutions are joining the Instafin community - Oradian’s award-winning software which is empowering ‪microfinance‬ institutions to advance ‪‎financial inclusion.

Benin: €10m to boost the microfinance sector

31.12.2015

The government wants to help empower young people and women.

Zimbabwe: Central bank urges microfinance institutions to focus on rural areas

11.12.2015

It said MFIs are focusing on urban areas to maximise profit.

Nigeria: AfDB signs loan agreement to develop microfinance bank

27.11.2015

This envelope will boost SMEs' access to finance in the country.

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