Microfinance News

Rwanda: KCB Bank Unveils Mobile Micro-Credit Facility

03.11.2017

 | Source: The New Times; All Africa

It will now be easy for KCB Bank Rwanda customers to access small loans to cater for emergencies or restock thanks to the bank's new mobile credit facility.

Nigeria: Interswitch Partners Banks On New Lending Platform

10.10.2017

 | Source: This Day; All Africa

Interswitch has intensified plans to boost financial inclusion drive through provision of non-collaterised micro and nano-loans to individuals and SMEs across various channels. The new innovation is design to accommodate multi-channel low-level retail lending without collateral.

Kenya: Digital Financial Products Re-Define Service Delivery

05.10.2017

 | Source: Daily Nation; All Africa

Collaboration between microfinance banks and telcos in rolling out products and services that boost financing of micro small and medium Enterprises (MSMEs) is imminent, financial sector players say.

Zimbabwe: Women's Empowerment Bank Ready to Roll

18.09.2017

 | Source: The Herald; All Africa

The setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.

Ethiopia: Agro-Pastoral Community to Benefit From Livestock Insurance

31.08.2017

 | Source: Namibia Economist; All Africa

Nyala Insurance Company in collaboration with Omo Micro Finance and donors has launched indemnity based livestock insurance service in Southern Omo Zone.

Angola: Cuanza Norte - Peasants Benefit From Agricultural Loan

18.07.2017

 | Source: Angola Press; All Africa

At least 203 peasants of the Belo Horizonte Peasants Association in Canaúlo village, northern Cuanza Norte province, benefited on Saturday from agricultural loan and tools given by Sol Bank, as part of its project for local agricultural support.

Ethiopia: Company Reaching Out to Farmers, Pastoralists for Weather Insurance Services

12.07.2017

 | Source: The Ethiopian Herald; All Africa

With concerted efforts of the government and other stakeholders, Nyala Insurance Company is providing weather insurance services to small scale farmers and pastorals in various states, said Micro Insurance Business General Manager Solomon Zegeye.

Sudan: Central Darfur Pushes for Banks, Investments

05.07.2017

 | Source: Radio Dabanga (Amsterdam); All Africa

Central Darfur wants to roll-out a banking system in the state and pledged to the Commercial Banks Group to remove obstacles and fears that prevent the spread of the system.

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

12.05.2017

 | 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

24.03.2017

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

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