Microfinance News

African Development Bank and MFW4A hold Digital Finance Week


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


It will also offer Insurance Premium Financing products.

Mastercard grants $12 million to Microcred to strengthen financial inclusion


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

Cameroon: AfricInvest to acquire a stake in microfinance institution CCA


The CCA could become a banking institution.

Oradian Continues to Empower Microfinance Institutions in Nigeria With Instafin


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


The government wants to help empower young people and women.

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


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

Nigeria: AfDB signs loan agreement to develop microfinance bank


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

Rwanda: Credit to the private sector up 26.6 per cent


The Rwandan economy grew by seven per cent in the second quarter of 2015.

Zimbabwe: MFI lending rises despite tight liquidity environment


Microfinance institutions' lending slightly increased during Q1.

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