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Central Bank of Nigeria Disburses N374 Billion (USD 983 Million ) To Smallholder Farmers
The Central Bank of Nigeria (CBN) yesterday said it has funded smallholder farmers (SHFs) under the Anchor Borrowers Programme (ABP) to the tune of N374 billion across the cassava, maize, cotton and rice value chain from 2016 to date.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Analysis: COVID-19 and Fintech: Myanmar’s Chance To Expand Financial Inclusion?
Myanmar has seen an increase in financial technology (fintech) and digital payment offerings since the outbreak of the coronavirus pandemic, raising hopes for the expansion of financial inclusion in a country where banking penetration remains below the regional average.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Invest in Visions Mikrofinanzfonds Lends $36 Million To Indian MFIs Asirvad Microfinance, Sonata Finance
Both microfinance institutions serve low-income female customers in India, and as of June 2020, they intend to use the IIV funds to disburse microloans to their client base in order to encourage business expansion and entrepreneurship.
- Region
- Asia Pacific
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Maintaining a Critical Link To Last-Mile Customers: Challenges and Opportunities Facing Financial Service Agents During COVID-19
Agents are a critical last-mile link to financial services for lower-income households and micro- and small enterprises. But as the COVID-19 crisis has spread globally, it has had a profound effect on how agents operate, introducing new restrictions – and new responsibilities. Nisha Singh and James Robinson at Itad explore the findings from a recent report that highlights key strategies for building and managing high-performing agent networks despite the challenges of the pandemic.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Digital Technology Is Stimulating Financial Inclusion in Sub-Saharan Africa
The widespread usage of digital technology in sub-Saharan Africa (SSA) is an essential phenomenon that fosters productivity in the digital economy and integrates markets in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mastercard Brings Technology Leaders Together To Launch Tech for Good Partnership in Latin America
Bancolombia, Banco Galicia, Citibanamex, Mercado Libre, and PayPal Commit to Accelerate Business Recovery and Inclusive Growth Efforts in the Region
- Categories
- Coronavirus, Investing, Technology
- Region
- Latin America
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Report: Somalis Using Mobile Money More, but Sending Smaller Amounts During COVID-19
Somalis are using mobile money services more but sending smaller amounts of money, according to the country's biggest mobile operator, Hormuud Telecom.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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COVID-19: Burden or Boon for Financial Inclusion?
When the Alliance for Financial Inclusion outlined its “Five Key Financial Inclusion Policy Trends for 2020” on January 17 of this year, the spread of the novel coronavirus was still in its infancy. Now that COVID-19 has wreaked havoc on the global economy, Robin Newnham at the Alliance for Financial Inclusion revisits those trends, viewing them through the prism of the pandemic – and finding both new risks, and new opportunities.
- Categories
- Coronavirus, Finance
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