Monday, April 6, 2026
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Mastercard, Kifiya launch program to expand success to credit for MSMEs

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The Mastercard Foundation, in partnership with Kifiya Financial Technology (Kifiya), announces a scale-up program designed to unlock resources from banks, innovate new financial models and products, and transition the financial sector to enable access to uncollateralized financial credit products for MSMEs.

According to the statement sent to Capital, a budget of USD 100 million is committed to the program.

The Sustainable Access to Finance to Enable Entrepreneurship (SAFEE) program incorporates learnings from Michu, a successful large-scale pilot by the Cooperative Bank of Oromia, Kifiya, and the Mastercard Foundation.

This collaboration enabled more than 148,000 micro, small, and medium enterprises (MSMEs) to access uncollateralized working capital credit in just 14 months.

SAFEE will unlock USD 300 million from six banks and enable more than 477,800 MSMEs to access relevant and appropriate uncollateralized digital credit products, and it will enable 425,000 young women to access mobile device financing.

The program will serve program participants of current and future Foundation programs by unlocking access to uncollateralized working and productive digital credit.

The credit is in the form of nano, micro, and small working capital, inventory credit, invoice financing, equipment financing, and buy-now-pay-later products for MSMEs in urban, peri-urban, and rural areas of Ethiopia.

Over a period of five years, the program will directly drive the creation of job opportunities for 2.18 million young people (80 percent women) and support other programs to enable 3.65 million young people to access credit.

The program is designed to propel supply-side system-level change while addressing demand-side challenges that have traditionally constrained MSMEs’ access to uncollateralized financial services.

The program unlocks resources from banks, innovates new models/products, and ensures that the financial sector transitions to offer uncollateralized financial credit products to a greater number of MSMEs – even beyond the initial program targets.

SAFEE has initially partnered with the Cooperative Bank of Oromia, Bunna Bank, Enat Bank, Amhara Bank, Wegagen Bank, and ZamZam Bank. The facility will increase the number of bank partnerships based on learnings and needs.

Report highlights gender inequality in family laws across Africa

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In a comprehensive report titled “Gender Inequality in Family Laws in Africa: An Overview of Key Trends in Select Countries,” significant disparities and discriminatory practices within family laws across Africa have been brought to light. The report, which examines the legal frameworks of several African nations, sheds light on the prevailing gender inequalities and calls for urgent reforms to combat sexism and discrimination in family law systems.

The report, compiled by Equality Now in collaboration with FEMNET, Musawah, and SIHA, presents a detailed analysis of family laws in 20 selected countries. It reveals that none of the countries included in the study have achieved full legal equality in family law reform. Discrimination against women persists in various aspects, including child marriage, registration and legal recognition of marriages, polygamy, gender-based violence within the family, divorce, child custody, inheritance, and matrimonial property rights.

The findings indicate that legal pluralism, which includes the coexistence of civil, customary, and religious family law systems, poses a significant challenge to gender equality. Moreover, cultural and religious practices often impede progress and threaten the reversal of gains made in critical areas such as ending child marriage and female genital mutilation.

The report emphasizes the need for data-driven reforms and policy changes to address the systemic biases and discriminatory practices prevalent in family laws. It calls upon governments, policymakers, and judicial institutions to take immediate action to ensure gender equality within the family unit.

The Africa Family Law Network (AFLN), a coalition formed by Equality Now, FEMNET, Musawah, and SIHA, is set to utilize the report as a valuable resource for advocacy and evidence-based interventions. By collaborating with the policy and judicial organs of the African Union, particularly the Special Rapporteur on the Rights of Women in Africa, the AFLN aims to influence positive change and promote gender equality in family laws.

The report arrives at a critical juncture, coinciding with the launch of the AFLN. The network, supported by Equality Now, will leverage the findings of the report to engage in meaningful dialogue with policymakers and work towards comprehensive legal, policy, and practice reforms that eliminate gender-based discrimination in family laws.

As the African continent strives to achieve the goals outlined in the 2030 Agenda and Agenda 2063 of the African Union, the report serves as a vital tool to drive meaningful changes in the lives of African girls and women. By dismantling discriminatory family laws, Africa can pave the way for a more just and equitable society, where every individual’s rights are protected and upheld.

The report concludes with a resounding call for action, urging stakeholders across Africa to seize the opportunity to effect lasting change and dismantle the barriers that perpetuate gender inequality within family laws.

Name: Maeruf Omer

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2. Education: BSc in Electromechanical Engineering

3. Company Name: Marselam Trading PLC

4. Title: CEO

5. Founded in: 2014 EC

6. What it does: Produce Charcoal Briquettes from waste charcoal

7. Headquarters: Addis Ababa

8. Startup Capital: 200,000 ETB

9. Current Capital: 2,000,000 ETB

10. Number of Employees: 4

11. Reason for Starting the Business: By luck

12. Biggest Perk of Ownership: Being your own boss

13. Biggest Strength: Persistence

14. Biggest Challenge: Overcoming procrastination and laziness

15. Plan: To export the rich charcoal resource

16. First Career: None

17. Most Interested in Meeting: Minister of Finance Ahmed Shide

18. Most Admired Person: Mekuria Dubale

19. Stress Reducer: Taking a walk

20. Favorite Book: Tuesdays with Morrie

21. Favorite Pastime: Playing Games and doing side projects

22. Favorite Destination: Istanbul, Turkey

23. Favorite Automobile: Toyota GR Yaris hatchback

DEEP STATE VS POPULISM

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Things are heating up between the core of the ‘deep state’ and voters/citizens. Situations have gotten so bad that elected high officials are forced to play second fiddle (when it comes to running the country’s affairs.) Even the US president, considered the most powerful person on the planet, doesn’t seem to have much of a leeway in areas where the deep state has big stakes. Currently, the ‘intelligence’ & the ‘media’ are giving presidents a run for their money! It helps to recall our definition of the deep state: It is the-military-intelligence-industrial-banking-media-complex. We feel all other organs of the bureaucracy that favor ‘deep statism’ and devoutly play by its hidden rules, by and large, are either mere derivatives of the above entities or are compromised elements of elected officialdom!

To be sure, bona fide ‘deep states’ are (predominantly) features of industrially advanced democratic countries. The operation of the ‘deep state’, supported by technology, is quite deep in the West, even though the Western sheeple doesn’t seem to be acutely disturbed about the situation. Nevertheless, recent happenstances in places like the UK & US seem to indicate the sheeple’s increased awareness of the deep state’s studied manipulation. Here is the kind of reaction that is brewing in the make believe world of the ‘deep state.’ Not very long ago, a UK general announced that he would not hesitate to remove officials from power, by force, if they become prime minster! In the US; the unprecedented bantering (unseen in generations) between the President and the media, as well as the intelligence community’s systemic maneuvering to undermine the President’s policies is something that has shocked the sheeple all over. The sheeple, in its own clumsy ways, seems to have resolved that such blatant tendencies, if allowed to continue, are bound to emasculate Western countries’ democratic tradition. Election rigging in many countries of the world is one of the routine businesses of the ‘deep state’, as recently reveled by Wikileaks (CIA methodically engages in electioneering of even friendly countries of Western Europe, to accomplish/forge deep state’s desired outcome.) Unbeknownst to many in the West, (at least up to now), these are the kind of things the ‘deep state’ is immeasurably accomplished in! Such things are proofs that whatever the sheeple decides on, it cannot be taken seriously, unless approved by the powerful state (deep state) behind the formal elected state!

In the freer countries of the OECD (rich world), the sheeple is willing (more and more) to resort to public referendums to make its voice heard. Following orders from sterile bureaucrats stationed thousands of miles away and utterly detached from the sheeple’s reality have had its days. From the look of things, the desire of the western sheeple seems to be, amongst other things, the recapturing of sovereignty and devolvement or decentralization. We can infer that the sheeple’s current strategy to accomplishing these objectives is full democracy (people’s power) or failing that, chaos. The old trick of the establishment that leveraged ‘trickle down economics’ via capitalism or crony capitalism to be more precise is now passé. So far, the ‘deep state’ has not managed to fully take over all ‘election processes’ (in the West), hence the sheeple still has some room to articulate as well as air its grievances through newly formed political parties, except in places like the US where the electioneering game is rigged against newcomers. As it stands, it is almost impossible to have a new political party emerge in the ‘land of the free and home of the brave.’ At times, the US ‘deep state’ resembles the ‘Mafia State’ to which we Africans are quite familiar with. Be that as it may, the battle between the ‘deep state’ and the ‘sheeple’ is hitting up in the first world. Who will ultimately prevail is anybody’s guess!

Despite the superciliously intended misnomer, ‘Populism’ is a push, a ‘common sense’ one at that, to stop entrenched and crazed parasites from destroying life on our planet. If truth be told, the prevailing modern world system, run by moronic elites, doesn’t even have the precious God given life as the overriding purpose of collective social existence. To these cretins, life comes second, only after the greedy pursuit of material accumulation. Nonetheless, what these characters want to insinuate is very clear; they want to tell global humanity they are the all-knowing experts, (on all and sundry) while the populous is without analysis/thinking! In fact, the over used word ‘elite’ is itself a misnomer, given the level of stupidity that prevails within the ranks of the ruling cliques all over the world. For instance, the founding fathers of the US were ‘elites’ (with all their human failings) in the best sense of the word. They employed their outstanding capacity, not only to govern, but also to reflect/articulate fundamental concepts, not only to improve situations in general governance, but also in philosophy, religions, science, etc. Thomas Jefferson used his bed to partition two rooms. On one side of his bed was his bedroom and on the other side, his library. Jefferson, unlike many of our ignorant leaders, was well acquainted, amongst other things, with Euclid’s Elements (mathematics.) Besides being the main author of the ‘Declaration of Independence’, he also designed the campus of the University of Virginia as well as his own Italian inspired mansion, etc. etc.