All News and Announcements

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News

Luxembourg Becomes Ninth Contributor to UNCDF’s Last-Mile Finance Trust Fund (LMF-TF)

Contribution will be used to finance UNCDF’s BRIDGE Facility—the Finance Facility dedicated to the world’s 46 least developed countries (LDCs).

News

EasyCash: An Interoperable ePayment Suite Powered by Wallet Factory Launched in Egypt

EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance.

News

WEE-DiFine Initiative: Request for Proposals

Following the success of the first two Requests for Proposals (RFPs), WEE-DiFine is excited to announce the launch of its third RFP.

News

Promoting Financial Inclusion in Egypt

In the frame of this project, AFC, in collaboration with the national statistics office CAPMAS and the Central Bank of Egypt, conducted the first national representative financial inclusion survey in Egypt and build a data set as evidence base and baseline for future monitoring.

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Hong Kong Fintech Unicorn WeLab Raises $240M to Buy Indonesian Bank

With this move, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population.

News

Pakistan: UBL Partners With U Microfinance Bank Limited to Promote Financial Inclusion

A memorandum of understanding was signed to promote financial inclusion and to open up multiple avenues for collaboration, including medium to long-term debt funding, Retail TFC, Islamic microfinance funding, and more.

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DAI Acquires International Asset Management Firm, MicroVest

Acquisition in high-growth ESG/impact investing arena enhances DAI’s ability to spur investment in emerging and frontier economies.

News

Mi Siembra Segura: Parametric Insurance to Protect Vulnerable Rural Communities in Colombia, With UNDP

The UNDP's RRF2 program aims to support rural organizations made up of a vulnerable populations.

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CGAP Appoints New CEO

The Consultative Group to Assist the Poor announced yesterday that Sophie Sirtaine has been selected as its new CEO after an extensive international search process.

News

The Philippines Enhances National Strategy for Financial Inclusion

The refreshed six-year-old National Strategy for Financial Inclusion is meant to make it more current and to reflect the impact of the COVID-19 pandemic and greater digitalization of financial services.