BILL AND MELINDA GATES FOUNDATION (BMGF)– CBC SME DIGITAL FINANCIAL INCLUSION PROJECT
CBC is implementing the CBC SME Digital Financial Inclusion Project in partnership with the Bill and Melinda Gates Foundation (BMGF). The overall objective of the development of a business case for an integrated digital payment scheme that offers low transaction costs for domestic and regional payments thereby improving cross border trade. The project has a duration of two years with a total budget of US$1,499,807.00 This project began in November 2018 and will end in October 2020. By the 10th of December the initial project funding of US $1,055,549 was received by the CBC from the partner, into own project dedicated account. Project funds were not utilised by the end of December 2018.