In the face of rising poverty, high food prices, and limited access to formal credit, village banks have become the financial lifeline for most Malawians, a new World Bank report has revealed.

Village savings and loans groups or village banks have emerged as the primary source of borrowing for a majority of people to ...

The World Bank has dismissed claims of secretly issuing loans to Kenya, stating that all financial agreements with the ...

Lisa Verbit has financed loans for wealthy clients to buy elite boats for more than 35 years. She tells Barron’s about the changes she’s seen in her business.

"When women thrive, economies grow," affirmed Serena Cavicchi, World Bank GROW Lead. Afrishela's Alternative Credit Assessment Framework provides new opportunities for individual entrepreneurs and ...

Many of the serious problems with the country’s microfinance sector were present at its inception in the 1990s.

The paper then examines what has been learned to date from the experience with CCTs in the South and raises a series of questions concerning the relevance and replicability of these lessons in ...

The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country's National Treasury said Monday.

Treasury confirms R27bn World Bank loan to fix infrastructure It offers ‘favourable interest rates and flexible repayment terms’ that minimise the increase in debt service costs.

JOHANNESBURG (AP) — The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country' ...

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy ...