Top stories
ESG & SustainabilityCorpsAfrica South Africa opens applications for Cohort 3 of its 2026/2027 volunteer programme
CorpsAfrica South Africa 3 days
Human connection is the ultimate competitive advantage
Kisha Reader-Bain
The women leading in financial services
Tracy Jones
Subscribe & Follow
Advertise your job vacancies
BENIN: Corrupt microfinance institutions profit from poorest
COTONOU: Local NGOs subcontracted by a multi-million-dollar microfinance programme are taking bribes from borrowers, according to the fund's directors.
Aboubacar Aboudou, the first director of the government-run “microloans to the poorest” programme, told IRIN a lack of oversight and the programme's rapid growth since its creation in February 2007 has left it open to “unscrupulous intermediaries” hired to process loans.
