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The scheme would encourage banks to lend to microfinance institutions (MFIs), especially the smaller ones, which are facing liquidity crunch amid limited access to bank funding. An announcement to this end is likely in the 2026 budget, people cited above said. The likely size of the guarantee programme is not known.
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Sir Keir Starmer said the development marked a "major victory for working people in every part of the country".
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News and Media
Airtel Africa is joining hands with SpaceX. This partnership will bring Starlink's satellite internet to smartphones across 14 African countries. The service begins in 2026. It will offer data for apps and text messages. This will connect people in areas without regular mobile networks. Next-generation satellites promise much faster speeds.
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News and Media
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