The rapid development of microfinance in the last decades, characterised by the increasing value of assets and extensive outreach has raised significant regulation, ownership and governance issues ...

The Microfinance and Credit Regulatory Authority Bill that was defeated by communities affected by microfinance, women victims and community credit providers in April 2024, has reincarnated. The one ...

Financial NGOs in Ghana are calling for a tiered supervisory framework in the microfinance sector, arguing that current regulations fail to reflect the diverse capacities of industry players. Speaking ...

Although Sri Lanka has numerous banks, a large part of the population – particularly outside the major urban areas – has looked to other types of financial intermediaries to meet its needs, or has ...

Microfinance institutions (MFIs) across East Africa have been warned that they face growing exposure to financial crime and mounting regulatory pressure even as artificial intelligence (AI) opens new ...

Jamaica improved one spot to rank 42 among 55 countries in the annual global microfincance study conducted by the Economist Intelligence Unit. The country suffers from lack of regulation and a focus ...

Sri Lanka’s microfinance and moneylending sector is poised for a major transformation with the introduction of the Microfinance and Credit Regulatory Authority Act, 2025. This landmark legislation ...

Financial inclusion has become a more prominent component of government strategy over recent years, as authorities work to meet the demands for social justice which have arisen from Egypt’s recent ...