ADDRESSING THE FINANCIAL NEEDS OF WOMEN: ENSURING DATA PROTECTION IN THE USE OF GENDER DISAGGREGATED DATA

Juliet Maina, Advocacy and Regulatory Manager
08 May 2020

The theme of the 2019 AFI Global Policy Forum was Using technology for inclusion of women and youth. The forum, hosted by the National Bank of Rwanda and Alliance for Financial Inclusion (AFI), organised a break-out session on Addressing the financial needs of women in the age of innovation: the role of customer-centric data, which convened senior representatives from central banks, the private sector, and international development organisations who are working […]

JUMO WINS UNCDF’S SPRINT4WOMEN DESIGN COMPETITION IN ZAMBIA

Mali Kambandu
08 May 2020

UN Capital Development Fund (UNCDF) is pleased to announce that JUMO has won their Sprint4Women Design Competition for women’s financial inclusion in Zambia. JUMO was one of three finalists competing for a grant to roll-out digital financial services (DFS) solutions for the rural women of Zambia, alongside Fenix Zambia and Hobbiton Investments. As one of the first providers of non-collateral-based, digital lending products that can make funds available in minutes, […]

GOODWELL INVESTMENTS SELECTED FOR IMPACTASSETS 50

08 May 2020

Goodwell Investments today announced its inclusion in the ImpactAssets 50 for the third consecutive year. An annual showcase of impact investment fund managers, ImpactAssests 50 (IA 50), has released its 2020 list of top 50 fund managers delivering financial returns through social and environmental impact. Now in its ninth year, IA50 is the first publicly available database of outstanding private debt and equity impact investment fund managers from across the […]

CDC, IFC, RESPONSABILITY, OTHER INVESTORS LAUNCH COVID-19 ENERGY ACCESS RELIEF FUND

08 May 2020

The COVID-19 pandemic threatens to reverse the enormous progress off-grid energy companies have made to bring power to 470 million people in the last decade. The new global economic crisis will make it more difficult for existing customers to pay for their energy services. At the same time, slowed supply chains and reduced investment flows are causing energy companies to run out of cash. Facing dwindling liquidity, these energy companies will […]

LEADING MICROFINANCE AND IMPACT FUND MANAGERS SIGN MOU ON DEBT REFINANCING COORDINATION PRINCIPLES

Press Release
08 May 2020

BlueOrchard, Developing World Markets, Incofin, Microvest, Oikocredit, responsAbility, Triodos IM, Triple Jump and Symbiotics have signed a Memorandum of Understanding (MoU) for coordination in response to COVID-19. Together, these nine investment originators and fund managers in impact investing have about USD 15 billion of assets under management, invested in more than 80 emerging and frontier markets across Africa, Asia, Eastern Europe, Middle East, Caucasus, Central Asia and Latin America. Measures […]

SHOULD GOOGLE PAY US TO USE THEIR RUMORED DEBIT CARD?

Jessica Ellerm
23 Apr 2020

Jessica Ellerm is a thought leader specializing in Small Business and the Gig Economy and is the CEO and Co-Founder of Zuper, a neowealth disruptor in Australia If the rumours that Google will be releasing a debit card in the near future are true, which, let’s be honest, it feels incredibly likely, then this would significantly change the fintech game, and in more ways than Apple’s previous announcement. Many of us have allowed […]

WHY WOMEN AND GIRLS SHOULD BE CENTRAL TO COVID19 RESPONSE MECHANISMS

Jessica Espinoza
23 Apr 2020

As DFI-led initiatives at the forefront of gender-lens investing, our #2XChallenge Working Group and the Gender Finance Collaborative are proud to work in partnership with private sector players to offer a collaborative and gender-sensitive response to the COVID-19 pandemic.  We have just released a set of recommendations and call to action in order to ensure that gender dynamics are considered in the COVID-19 responses of DFIs and investors globally. The COVID-19 pandemic is disrupting […]

ROLE OF FINANCIAL INCLUSION IN ADDRESSING THE IMPACT OF COVID-19

20 Apr 2020

“We are strongly committed to supporting and enhancing our partnerships around the globe wherever possible.” – Frank Streppel. The impact of the COVID-19 pandemic is global. An increasing number of developing countries and emerging economies have imposed very strict lock-down measures to prevent uncontrollable spreading of the virus and turning the COVID-19 crisis into a humanitarian crisis. Social and economic life is slowing down and coming to a virtual standstill, […]

HOW DIGITAL INVESTMENT CAN HELP THE COVID-19 RECOVERY

Matthew Stephenson and Nivedita Sen
20 Apr 2020

Supporting digital competitiveness can help economies recover from the COVID-19 pandemic. Foreign direct investment in the digital economy can especially help bring technology, know-how, jobs and growth to developing countries. What are some policies, regulations and measures that governments can adopt to attract digital foreign direct investment?   COVID-19 has changed the way we live and work almost overnight. Analysts are struggling to keep pace with the impact on economies, […]

AMID COVID-19 CRISIS, IFC SOCIAL BONDS—AWARDS, EXPANDED ISSUANCE, MARKET GUIDANCE

09 Apr 2020

In their 2020 Bond Awards, Environmental Finance Magazine has recognized IFC’s Social Bonds Program for an Initiative of the Year. Since 2017, IFC’s social bonds have financed projects helping underserved communities in developing countries, across more than 100 projects in health care, education, agribusiness, and other sectors. The award recognized IFC’s Social Impact Notes, a retail notes program launched in July 2019 in collaboration with the Haitian diaspora in Miami. The […]