IslamicFinance.de

The World Bank approved a US$500 million Financial and Digital Inclusion Development Policy Financing (DPF) program, which will support key policy reforms to promote digital transformation. The current DPF seeks to improve financial inclusion and access to more competitive digital infrastructure and services. In addition to promoting microfinance, the program will support access to foreign currency for startups. The DPF also paves the way for the Intelaka entrepreneurship program by supporting reforms conducive to startups’ development and creating new asset classes for early-stage financing for innovative enterprises.