Ecobank & Google partner to help African SMEs embrace digital capabilities
May 20th, 2020 – Ecobank Group, a pan-African banking conglomerate has announced that the firm is collaborating with Google to help equip African SMEs with the necessary digital skills to navigate the rapidly evolving business world. Through the par...
Foster recovery from COVID-19 through science, technology and innovation
May 16th, 2020 – Numerous studies show that investment in science, technology and innovation (STI) activities, particularly research and development (R&D), is a key driver of economic growth. Such activities are helping to address the immediate...
How fintech can help SMEs recover from the impact of COVID-19
May 12th, 2020 – Around the world, small businesses have been hit extremely hard by the impact of the coronavirus. As our brave healthcare workers and policy-makers around the world deal with this pandemic, SMEs in fast-growing economies are particu...
ADM Capital raises US$630m to target Asia-Pacific SMEs
Firm fears traditional lenders will favour top-tier clients amid Covid-19 troubles April 28th, 2020 – ADM Capital, the Hong Kong-headquartered investment manager has raised US$630 million in new assets, which it will be investing in the Asian privat...
It’s not just about fresh capital for Africa: it is about deployment
April 18th, 2020 – There has been a drive to create new funding streams to arrest coronavirus impact on the continent. But delivery systems are critical to ensure the money gets to where it is needed. Of the many aspects of the COVID-19 virus that u...
Asia’s post-virus economic revival to be built on the back of Chinese cloud services
Cloud services are set to boom as e-commerce props up SMEs amid post-COVID-19 economic recovery. May 5th, 2020 – The COVID-19 pandemic has caused many traditional businesses to completely rethink their strategies for the future. As disruptions to pr...
How Countries Can Expand Access to Digital Financial Services
April 22th, 2020 – Digital financial services, powered by fintech, have the potential to lower costs by maximizing economies of scale, to increase the speed, security and transparency of transactions and to allow for more tailored financial services...
How Fintechs Can Build Trust with SMEs in Latin America
March 30th, 2020 – Small businesses in emerging economies are notoriously underfinanced. Despite making up over 99.5% of the economy in Latin America, SMEs face a financing gap in the trillions of dollars. For example, up to 78% of small businesses ...
Coronavirus: Commission and European Investment Fund (part of EIB Group) unlock €8 billion in finance for 100,000 small and medium-sized businesses
April 6th, 2020 – The European Commission has unlocked €1 billion from the European Fund for Strategic Investments (EFSI) that will serve as a guarantee to the European Investment Fund (EIF), part of the European Investment Bank Group. This will a...
Coronavirus: fund launched to support rural farmers
April 22th, 2020 – With the COVID-19 pandemic and economic slowdown threatening the lives and livelihoods of the world’s most vulnerable people, the UN’s International Fund for Agricultural Development (IFAD) on Monday committed US$40 million, a...
