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Nairobi, Kenya, May 15, 2018 – Sub-Saharan Africa’s small and medium enterprises have benefited enormously from the revolution in digital finance in the region, and now require more innovation and targeted approaches to reach entrepreneurs hungry for $331 billion in new funding across Africa. These issues are at the forefront of discussion in Nairobi at the SME Finance Forum, an initiative managed by IFC, a member of the World Bank Group.

Berlin, 3 November, 2017 -- IFC, a member of the World Bank Group, pays special attention to small businesses because they are the engines of job creation and economic growth. Nine out of ten new jobs worldwide are created by small businesses, and we need nearly 3,3 million jobs every month in emerging markets by 2030 to absorb the growing workforce. Lack of access to finance is one of the biggest hurdles small businesses face that prevent them from growing and creating jobs.

Washington DC, January 14, 2016 – The SME Finance Forum has launched its first Advisory Board, made up of senior representatives from AMP Credit Technologies, BNP Paribas, Commercial Bank of Africa, CreditEase, the International Finance Corporation, Mastercard and the Turkish Treasury.