The Pact’s sets out to enhance multilateral cooperation in order to boost the implementation of the Sustainable Development Goals, and to better respond to current and future global challenges.
The tie-up aims to address a $74bn finance gap for farmers in sub-Saharan Africa as well as provide specialist support to develop commercially viable business practices.
Accion and Nuveen are among backers for FlexiLoans, which is helping to support millions of India’s small businesses currently excluded from the mainstream financial system.
The CEO of British International Investment is set to step down later this year. As a pioneer in the field, he reflects on the sector’s evolution and shares valuable lessons learned along the way.
The IFC has launched an initiative to help banks integrate climate risk in their decision-making processes and build resilience against the impacts of climate change on their businesses and on loan portfolios.
The Norwegian development finance institution has invested $10m into Honduran bank Banco Popular to improve access to financial services for micro, small and medium-sized enterprises in Honduras.
Kashf Foundation is working in a holistic way to do more than just deliver microfinance solutions. It wants to change mindsets, says its founder and managing director, Roshaneh Zafar.
The Dutch institution says its largest ever syndicated loan will provide crucial support for beleaguered small businesses facing the country’s difficult economic conditions. BII and Swedfund are among the DFIs backing the facility.
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