Ethiopian MSMEs Gain Access to Uncollateralized Digital Credit

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The Mastercard Foundation, in partnership with Kifiya Financial Technology PLC (Kifiya), announces Sustainable Access to Finance to Enable Entrepreneurship (SAFEE) program, a scale-up program designed to unlock resources from banks, innovate new financial models and products, and transition the financial sector to enable access to uncollateralized...

, a scale-up program designed to unlock resources from banks, innovate new financial models and products, and transition the financial sector to enable access to uncollateralized financial credit products to a greater number of MSMEs. A budget of US $100 million is committed to the program. Kifiya Financial Technology in partnership with the Mastercard Foundation and its knowledge partner International Finance Corporation kicked off a first of its kind knowledge sem1.

Mastercard Foundation has announced that it has enabled 1.27 million young people to access employment opportunities in Ethiopia since the launch of the country's Young Africa ... Unlocking Employment Opportunities through Collaboration - The Mastercard Foundation and Partners Enable 1.27 Million Young Ethiopians to Access Employment Opportunities, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

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