SME Finance Forum member Turkey’s Kredi Garanti Fonu (KGF), a credit guarantee institution, and the EBRD are joining forces to expand financing for small and medium-sized businesses led by women.
The partnership will enable the EBRD to unlock €300 million in new financing to support women’s entrepreneurship in a country where only 34 percent of women participate in the workforce.
The Africa SME Finance Forum 2018 will examine the key challenges faced by MSMEs in Africa, and explore innovative local and global best practice solutions to promote youth entrepreneurship and enhance access to financing for MSMEs.
The Africa SME Finance Forum 2018 will examine the key challenges faced by MSMEs in Africa, and explore innovative local and global best practice solutions to promote youth entrepreneurship and enhance access to financing for MSMEs.
The Marketplace, an exclusive opportunity for B2B introductory meetings, had over 100 participants at the Global SME Finance Forum 2017 and is shaping up to be one of the most popular events!
Ellevest, the digital investment startup founded by Wall Street veteran Sallie Krawcheck, is launching a new fund to invest in offerings that help advance women. Founded just over a year ago, New York-based Ellevest offers exchange-traded funds to help women save for retirement. The firm’s products account for different life variables, such as salary curves, longer life spans, and risk profiles. These distinctions help generate a better estimate of how much money clients will need in retirement, Krawcheck said.
Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services.
SME Finance Forum member Standard Chartered Bank has announced that sporting legend and Ivorian icon, Didier Drogba, will be endorsing the Bank’s first digital bank in Africa as its ‘Digital Bank Ambassador’.
Llaunched in Abidjan, Côte d’Ivoire on March 14, 2018, Standard Chartered’s first and fully digital retail bank in West Africa marks an important milestone in the Bank’s path towards innovation and has been designed with continuous feedback from its clients.
Washington, D.C., February 28, 2018 – The Fondo de Garantías de la Provincia de Buenos Aires (FOGABA) became the newest member of the SME Finance Forum, a global membership network that brings together financial i
Washington, D.C., February 21, 2018 – Kredi Garanti Fonu JSC (KGF) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
The World Bank Group, in partnership with the Swiss and Ukrainian governments, is rolling out a new financial instrument – crop receipts – across Ukraine to expand access to finance for small farmers, boosting agricultural productivity and supporting economic growth.
