Articles

The Benefits of Fintech Partnerships in Emerging Markets

According to an IFC report, there are a few key challenges that have long limited the digital transformation of financial services in emerging markets. These challenges include: low access to formal financial services; low income and financial-literacy levels; underdeveloped technology solutions; and weak infrastructures.

Articles

Articles

Qatar Attracts Regional and International Trade Business
Qatar the upcoming “free economic zone,” according to the article will attract business in a monumental way. HSBC, a long standing bank in Qatar is excited about the upcoming advantages that will be presented with this opportunity. “We are seeing credit appetite from every player in this market. HSBC will be lending higher in volumes over the next...
EBRD Provides A €10 Million Loan To Sparkasse Banka Makedonija
Through the European Bank for Reconstruction and Development’s Western Balkans SME Competitiveness Support Programme the Sparkasse Banka Makedonija will receive a €10 million loan to boost lending for SMEs. According to the article, the loan is aimed at improving the competitiveness of local companies, with at least 60 percent of the funds aimed...
Financial Products Created with Women In Mind
The largest untapped market in the world is women, according to Women’s World Banking. Financial institutions are failing to ensure their offerings work for women, however three elements with a gender-inclusive design can help counter this issue: Go beyond “gender-neutral” Segmenting by gender during the product design phase Developing the...
Alitheia Capital's Tokunboh Ishmael Starts a Fund for Africa's Women Entrepreneurs
Startups founded by women receive less than 50 percent of investment funds than those founded by men, even though women are achieving 10 percent higher profits, according to Boston Consultant Group. Tokunboh Ishmael, co-founder of Alitheia Identity, an investment management and advisory firm focused on channeling private equity investments into...
Nena Stoiljkovic on Women Entrpreneurship
IFC Vice President Nena Stoiljkovic was in Japan for the international conference "World Assembly for Women: WAW!" talked about support for women. Of IFC's many missions, supporting female entrepreneurs is very important. IFC has a network of around 800 local banks in developing countries, through which they offer support to make it easier for...
Investing in Women: The Power of Partnership
The program is the Women Entrepreneurs Opportunity Facility (WEOF), a joint initiative established by IFC and the Goldman Sachs Foundation. Its goal is to provide access to capital for 100,000 women, stimulating economic growth, and building stronger, more prosperous communities. Although WEOF still has six years to run, to date, it has made over...
Blended Finance - A Stepping Stone to Creating Markets
At the heart of IFC’s approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role of blended finance in creating markets and looks at lessons from three blended finance projects and structures—and how each contributed to the creation of markets that are scalable,...
Providing Pre-Seed and Seed Capital is an Essential Step to Bringing West Africa and Sahel’s Entrepreneurs to the Next Level
More than 40 percent of African entrepreneurs cite access to finance as the major factor limiting their growth, according to World Bank Enterprise Surveys. In this article, the author says that West African start-ups and innovative young SMEs are indeed facing the classic ‘valley of death’ — the space between where the entrepreneur’s own resources...
Digital Finance Models for Lending to Small Businesses in India
Mihasonirina Andrianaivo is a Senior Financial Sector Specialist working in Finance and Markets operations in the South Asia Region the World Bank. In this blog, she writes about programs announced in recent years that have fostered a more favorable business environment for fintech models to emerge in the MSME lending space – in India. According...
World Bank's Kristalina Georgieva: To End Poverty, Tap Full Potential of Women Starting Businesses
Kristalina Georgieva is the chief executive officer of the World Bank. A Bulgarian national, she previously helped shape the agenda of the European Union, first as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response from 2010. In a special to The Yomiuri Shimbun, Georgieva shares the importance of women-owned...