Microfinance News

Rwanda: Govt Looking to Scale Up Financial Inclusion Next Fiscal Year - Officials


 | Source: The New Times: All Africa

Officials from the ministry said that most of their efforts in the upcoming financial year will be geared towards promoting financial inclusion to increase the number of the banked population in the country.

Malawi: Two smallest banks merge


The merger is to enable the banks to meet the capital requirements of Malawi's apex bank.

AfDB and the Alliance for Financial Inclusion sign MoU to enhance access to financial services on the continent


The partnership will also strengthen the technical capacity of financial regulators and policy-makers across the continent to implement substantive policy reforms to advance financial inclusion.

Microfinance Capacity Building Fund (MCBF)


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


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

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.

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