// By Hope Moses-Ashike, Businessday Online Following a somewhat stable political environment and institutional framework, Accion Microfinance Bank Limited hopes to continue in its growth pattern. This is coming after the bank recorded a post-tax profit of N93,123,000 in the financial year ended December 31, 2010, representing 22.7 percent growth... 

// By Somasroy Chakraborty, Business Standard Barring a few top players, banking is likely to be a distant dream for most microfinance institutions in the country. This is because the draft norms on foreign shareholding, minimum capital requirement and diversified ownership structure would prevent micro-lenders from entering the banking space. Spandana... 

// By Ibada Ahmed, Business Daily Africa When you think of microfinance, what comes to mind? Financial solutions for the unbanked? Or otherwise. A visit to India April this year, served as an eye opener. Our destination, Ujiivan Microfinance headquarters in Bangalore. In five years of operation, they had well over one million borrowers and, a random... 

// By Ben Uzor Jr, Businessday Online NCC to issues regulatory framework on m-payments Shut out by the formal banking sector for years, the un-banked and un-served communities in Nigeria will soon gains some respite as mobile money operators are preparing to roll out innovative solutions geared towards providing financial inclusion in the coming... 

// From PM News In continuation of the efforts of the Fashola administration to reduce poverty in Lagos State, the government has inaugurated a technical committee on the accessibility of microfinance loans by tradesmen and women as well as other artisans in the State. The Deputy Governor of the State, Adejoke Orelope-Adefulire, while inaugurating... 

AB Microfinance Bank Nigeria Limited is a member of an International network of Microfinance Banks providing World Class Banking Services to Micro. Small and Medium Enterprises and private individuals in Africa and Asia and rapidly spreading out to other continents across the globe. Due to our rapid growth and continuous success, we are seeking... 

// By Obinna Chima, This Day Live Life just became easier. With your mobile phone, you may no longer have to go into the banking hall to deposit, withdraw or transfer money. Mobile phone subscribers can open mobile money account to store Electronic Value (EValue) of money easily on their mobile phones, using their mobile number as account number.... 

// By Hilton Tarrant, Memeburn It’s the runaway success story: From a standing start just four years ago, over 15-million Kenyans now use the M-Pesa mobile money service to transact. Billions of Kenyan shillings have been moved through the system. It’s this success which leads to M-Pesa being held up as a case study of mobile payments in... 

From The Times of Zambia THE African Development Bank (AfDB) has partnered with International Trade Centre a joint agency of the World Trade Organisation (WTO) and United Nations to build capacity among Small and Medium Entrepreneurs (SME’s) and the banks that they do business with. Speaking during the SMEs Credit Risk management training workshop... 

// From Grameen Foundation Alex Counts is president, CEO and founder of Grameen Foundation, and author of several books, including Small Loans, Big Dreams: How Nobel Prize Winner Muhammad Yunus and Microfinance Are Changing the World. Recently I had the pleasure of visiting our sister organization, Grameen America, which has been providing microfinance...