This event convened representatives from the national banks of Armenia, Georgia, Kyrgyzstan, Tajikistan, and Uzbekistan, alongside the delegates from the Asian Development Bank (ADB) and the International Finance Corporation (IFC).

The $75 million IFC loan will support Li & Fung's working capital needs and its supply-chain fintech affiliate Air8 in expanding its supply-chain solutions and financing services for small and medium-sized enterprises (SMEs).

Make your voice heard at this year's Cracking the Nut Conference by submitting a proposal to present by Friday, June 21!

This strategy aims to address the $1.7 trillion gender gap by providing responsible financial services to underserved women, women-owned, and women-led businesses in developing markets.

In this interview with the 2024 Inclusive Fintech Showcase winners, AFI profiles Mosabi, a Sierra Leone-based platform which blends fintech and edtech to help people manage their businesses and money.

Apply to this program delivered by experts from Women’s World Banking, AIR, NYU, and UPenn, focusing on cutting-edge technology and closing the gender gap in financial inclusion.

The collaboration targets initial improvements in UAE, Saudi Arabia, Jordan, and Bahrain with future expansion plans for North Africa. 

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power. 

This marks a significant escalation in a longstanding dispute between the financial sector and the Buenos Aires-based fintech giant.