Articles with tag: world bank group

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IFC and UBA to train Ugandan SMEs to face pandemic crisis

11 Aug 2020 | E-invoicing, SCF & E-procurement

IFC, a member of the World Bank Group, and the Uganda Bankers Association (UBA) has partnered to train financial institutions and SMEs regarding the COVID-19 crisis.

IFC, UBA, Uganda, financial, banks, SMEs, COVID-19, coronavirus, pandemic, World Bank Group, Uganda Bankers Association, UBA, partnership, digital

Venio launches nano-credit mobile app in Philippines

29 Jul 2020 | Online & Mobile Banking

Venio, a mobile app providing nano-credit facilities to consumers in emerging markets, has begun offering credit facilities to unbanked consumers in Philippines. 

Venio, lending, mobile app, nano-credit, unbanked, Philippines, World Bank Group, loans, retail, network

Equity Bank secures USD 50 mln IFC-loan for Kenya-based SMEs amid COVID-19

22 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a $50 million loan to Equity Bank Kenya to help small and medium-sized enterprise (SME) clients facing COVID-19 challenges.  

World Bank Group, IFC, Equity Bank, Kenya, Africa, SMEs, loan, lending, COVID19, Kenyan businesses, trade, transport, pandemic, trade chain, value chain, foreign financing flow, tourism revenue

IFC provides USD 50 mln loan to Access Bank for Nigeria-based businesses amid Covid-19

20 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a USD 50 million loan to Access Bank to help the bank increase liquidity to SMEs in Nigeria challenged by COVID-19. 

IFC, Access Bank, World Bank Group, Nigeria, SMEs, covid 19, Africa, loan, fast track financing support package, fast track facility, trade financing, working capital, business clients, disrupted cash flows, retail bank

World Bank Group announces up to USD 12 Billion for COVID-19 country response

04 Mar 2020 | Payments General

The World Bank Group is making available up to USD 12 billion to assist countries coping with the health and economic impacts of the global COVID-19 outbreak. 

The World Bank Group, World Bank, COVID-19, coronavirus, IDA, IBRD, IFC, International Finance Corporation, lending, low-interest loan

Demica to provide technology platform to IFC

11 Sep 2019 | E-invoicing, SCF & E-procurement

UK-based working capital solutions provider Demica has announced it will provide its technology platform for IFC’s Global Supplier Chain Finance.

Demica, IFC, Global Supplier Chain Finance, supply chain finance, partnership, UK, working capital solutions, World Bank Group,

African Public Procurement heads sign digital revolution declaration

09 Oct 2018 | E-invoicing, SCF & E-procurement

Thirteen Public Procurement Regulatory Authorities from Africa have committed to improve public procurement processes in their respective countries

African Public Procurement, Africa, e-procurement, public procurement, American Development Bank, African Development Bank, World Bank Group, the Asian Development Bank, the Caribbean Development Bank, the Inter-American Network on Government Procurement