Articles with tag like: World Bank Group

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IFC and UBA to train Ugandan SMEs to face pandemic crisis

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

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

News | Online & Mobile Banking | 29 Jul 2020

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

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

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

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

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

Demica to provide technology platform to IFC

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

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

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

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