Philippines: Impact of COVID-19 on Micro, Small, and Medium Enterprises (MSMEs)
The extended community quarantine imposed by the government to contain the spread of COVID-19 has adversely affected MSMEs in the Philippines. This report outlines the impact of the pandemic on MSMEs and provides recommendations for policymakers to support their recovery.
Inclusive FinTechs in Francophone Africa: Togo country report
Togo has ambitious plans to embrace digitization as a lever to modernize the economy and society. To this effect, it has created innovation centers to support the startup industry and provide an environment that allows innovation and research and development. The World Bank’s Doing Business 2020 Report has rated Togo as Africa’s best reformer in 2019.
Inclusive FinTechs in Francophone Africa: Senegal country report
With a vibrant startup ecosystem and growing access to investors, Dakar ranks ninth in Africa in terms of Fintech activity, according to the Global FinTech Index City Rankings 2020. The Government of Senegal is supportive and wants to enhance the growth of digital industries and strengthen the entrepreneurial ecosystem, yet FinTechs need access to funding and qualified staff.
A digital P2P marketplace that connects credit-worthy borrowers with lenders has come as a blessing for small business owners whose loan applications typical banks would otherwise reject. In this blog, we trace RupeeCircle’s journey so far including the impact of COVID-19 pandemic on it
The report discusses what the LMI segments know, understand, and feel about the COVID-19 outbreak and examines its effect on them. The report also highlights actionable recommendations for policymakers to design suitable interventions that can help the LMI segment cope better in this difficult situation