IFC Europe’s Post

I am glad to share that I participated in the panel discussion on September 18th regarding Credit guarantees: Scaling SME finance through innovation and inclusion. I presented FGI PEAC, a guarantee program administered by BNDES, which since 2020 has guaranteed 335 thousand operations and more than BRL 170 billion in credit operations for individual microentrepreneurs, micro, small and medium-sized companies. According to the Effectiveness Report, FGI Peac’s guarantee operations contracted in 2020 showed effects in reducing the probability of banckrupcy of supported companies (-47%), in addition to positive results on jobs creation, with a positive variation rate (9%), as well as on admissions (+10%). In addition, positive effects were identified on the wages  (+19%) and average remuneration (+1%). The program, which has a low fiscal cost and has managed to preserve its assets in relation to the contributions made by the Brasilian Government, has more than 50 financial agents, considering all types of financial institutions: private and public banks, cooperative banks, agencies and regional development banks. #GSMEFF24 #Brazil #SaoPaulo #SMEfinance #Innovation #GlobalImpact #AI #creditguarantees #BNDES #guaranteeschemes

The pleasure is always mine Mosidi Modise! We are half way through the year and there are so many good stories happening across the continent. Aside from the #TwoPotSystem we discussed and Absa Corporate and Investment Banking’s market views in general, there are big moves happening in energy and trade across Africa. Kenya continues to push in geothermal and wind, South Africa has had 171 days of no load-shedding and Morocco has one of the largest solar installations in the world in the form of Noor Solar Complex. Of course there are challenges in places like Zambia which only expects a respite in January but that too shall be fixed. A game changer in the form of the African Continental Free Trade Area is on the horizon with 54 of 55 African countries having signed. Essentially a single market of 1.3 billion - this has the potential to cure the disease of unfair tariffs that has crippled intra-continental trade and put a drag on self-generated growth…an under appreciated aspect of Asia’s growth. Some say it’s too little, some say too late and some say it’s too slow but we believe that the stars are aligning and that when they do, it will be just in time. One foot over the other as the story unfolds… #yourstorymatters #absa #africa 🐼

The Arab Region Financial Inclusion Policy Initiative (ARFIPI) newsletter highlights the achievements and milestones of AFI members in promoting financial inclusion within the region. 📌To find out more, read the ARFIPI newsletter: ➡ bit.ly/4bUsXWe #FinancialInclusion #LeaveNoOneBehind #FinancialServices #AccessToFinance #Fintech

The clock is ticking! ONLY 8 days left until the delegate pass price for the Global SME Finance Forum increases from $800 → $1500. Have you bought yours yet?   #GSMEFF24 will take place 16 -18 September in São Paulo, Brazil, bringing together global financial services providers and policymakers. Get your early bird tickets today to ensure your organisation is positioned alongside the industry’s key players: https://lnkd.in/ePgcGyiq    #Brazil #SaoPaulo #SMEfinance #innovation #GlobalImpact #AI #SustainableFinance    Eugenia Addo Access Bank Plc IFC - International Finance Corporation   Ministério do Empreendedorismo, da ME e da EPP   G20 Brasil 2024   BNDES   Inter-American Development Bank   IDB Invest   IDB Lab   Elevandi   IFC Financial Institutions   Qamar Saleem  

You are still on time to register for today's SIFTA webinar on outcome-based contracting. Registrations are available at👉 https://lnkd.in/ddgA22qA Social Inclusive Finance Technical Assistance (SIFTA) | Reinforcing the European Microfinance and Social Enterprise Finance sectors #InvestEU #EIB #AdvisoryHub #microfinance #socialfinance

IDB Lab and the World Economic Forum announce the launch of the second phase of our Payments to Advance Growth for All (PAGA) Initiative PAGA, unites 100+ stakeholders from public and private sectors to discuss #DigitalPayments in #LatinAmerica and the #Caribbean. Our goals:  ☑️Develop regulatory practices for smoother cross-border payments  ☑️Foster public-private collaboration for #MSMEs inclusion in cross-border trade  ☑️Drive tech innovation and adoption  ☑️Explore digital trade agreements for secure cross-border payments As we kick off PAGA II, we're seeking successful digital payment use cases enabling MSMEs to conduct cross-border transactions. Digital payments are vital in our growing digital economy, and we're dedicated to fostering an environment where innovative solutions thrive. We invite you to submit successful use cases by October 11, 2024 here: https://lnkd.in/eWfNFVG2 Sergio Navajas, Jimena Sotelo, Eric Parrado, Marcelo Cabrol, Irene Arias Hofman, CFA, Inter-American Development Bank, Fernando Campero, Marisela Alvarenga, James P. Scriven, IDB Invest

At Bankair, we offer a wide spectrum of investment services to cater to the unique needs of our clients. Our areas of expertise include: Real Estate Investments: Whether you’re looking to finance the development of a new commercial property or acquire an existing asset, our real estate investment solutions can help bring your vision to life. Industrial & Manufacturing Investments: We understand the capital-intensive nature of industrial projects. Our team can structure financing packages to support the establishment or expansion of factories, production facilities, and other manufacturing operations. Startup & FinTech Investments: Innovative startups and financial technology companies are at the forefront of disruption. Bankair provides growth capital and strategic guidance to help these businesses scale and succeed. Sustainable Investments: As the global economy shifts towards a more sustainable future, we offer investment opportunities in renewable energy, clean technologies, and other eco-friendly initiatives. Our Commitment to Your Success At the heart of Bankair’s mission is a steadfast commitment to the success of our clients. We take the time to deeply understand your unique goals, risk profile, and investment preferences. By leveraging our extensive industry expertise and innovative technological capabilities, we craft tailored financing solutions to help you achieve your ambitions. Available worldwide for all nationalities! #InvestmentProgram #bankair #GetFundedNow #getfunded Visit : Www.Bankair.co/investment for more details & information!

#FinanceFrontiers What is SASFA? 💼 The SME Funding marketplace in South Africa is booming, offering businesses an alternative avenue for growth. As this landscape expands, so does the importance of setting industry standards for the sustainability and reputation of SME Finance. In Episode 1 of the Finance Frontiers video series, we are joined by Alex Appleby CA(SA), Retail Capital Head of Treasury, to discuss SASFA's role & significance in the financing landscape. Learn more about SASFA via sasfa.net #SASFA #SMESector #BusinessFunding #SmallBusinesses #SMESouthAfrica

📢EXCLUSIVE WEBINAR: Simple Agreement for Future Equity (SAFE): Shariah Concerns, Industry Insights, and Viable Alternatives. From acquiring interest-free loans to selling start-up equity, leaders of the Islamic finance industry have introduced several innovative Sharia-compliant financing instruments that early-stage start-ups may use to raise funds for their operations. Not long ago, SAFE agreements were introduced in the Industry, merging between the debt and equity features of financing, and quickly becoming one of the most common forms of seed funding resorts for start-ups. 💼With its prevalence, Dr Mufti Yousuf Sultan, Founder and CEO of Adl Advisory, Mohamad Mishal, Head of Shariah, Adl Advisory together with Umar Munshi, Managing Partner HASAN.VC & Founder of Ethis Global and Gbenle Habeeb ACA, CIFE, Co-founder Stecs.ng have assembled for this latest and exclusive webinar with the aim to explore the nuances of SAFE agreements; unpacking the associated Shariah risks, offering exquisite industry insights and discovering viable alternatives, if any. 🌟This powerful session is moderated by yours truly Mohamed Sano, Head of Training and Education Adl Advisory. Join us and reserve your seat NOW through the link below: https://lnkd.in/gPstczuP #Webinar #SimpleAgreement #FutureEquity #ShariahConcerns #IndustryInsights #ViableAlternatives #InterestFreeLoans #ShariahCompliant #SAFEAgreements #ShariahRisks #IslamicFinance #AdlAdvisory

👉Outcome-based contracting instruments play a crucial role in driving social innovation, accountability, efficiency, and effectiveness in social finance. 🤔𝗛𝗼𝘄 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲𝘀𝗲 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲𝗱 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘀𝗼𝗰𝗶𝗮𝗹 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝘀 𝗮𝗿𝗲 𝗯𝗲𝗶𝗻𝗴 𝗳𝘂𝗻𝗱𝗲𝗱? This and more questions will be answered during our next SIFTA webinar taking place next Monday, May 6, at 2pm CET. Join us at 👉https://lnkd.in/dFrQNBkF Social Inclusive Finance Technical Assistance (SIFTA) | Reinforcing the European Microfinance and Social Enterprise Finance sectors #InvestEU #EIB #AdvisoryHub #microfinance #socialfinance