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Press Release: Covid-19: Remittance Flows To Shrink 14% by 2021
International migration to fall in 2020 for the first time in recent decades
- Categories
- Coronavirus, Finance, Technology
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Bitcoin Too Volatile To Aid Financial Inclusion, Says Mastercard CEO
The inherent volatility of Bitcoin makes it ill-fitted for the needs of unbanked people, argued Mastercard CEO Ajay Banga.
- Categories
- Finance, Technology
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Press Release: The ABC Fund Scales Agriculture SMEs in Kenya and Uganda With $2 Million Revolving Credit Facility for FACTS
The Agri-Business Capital (‘ABC Fund’) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (‘FACTS’) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, scale
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How Governments Can Reach People in Extreme Poverty and Build Resilient Livelihoods During COVID-19
Governments around the world have taken fiscal measures that total almost $12 trillion in response to COVID-19. But Lindsay Coates at BRAC argues that most of these programs are short-term and reactive, and many do not reach those most in need of support. She proposes a more comprehensive response – and discusses how the Graduation approach to poverty alleviation can play a role.
- Categories
- Coronavirus, Finance, Investing
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Analysis: Revolutionising Nigeria’s Microfinance Landscape Through Insurtech
According to Augusto & Co’s estimates for the 2019 financial year, the insurance industry in Nigeria generated gross premium income (GPI) of N471 billion, approximately 12% higher than the preceding year’s GPI. Compared to other African countries like Kenya and South Africa with 2.9% and 14% respectively, insurance penetration in Nigeria is low.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Angaza Raises $13.5 Million in Series B Financing
Fintech innovator receives funding as it crosses milestone of impacting 12 million lives globally.
- Categories
- Energy, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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MFIs in India: Need Social Impact Monitoring
The pandemic has necessitated the need to re-look at the tenets of MFI lending
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
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Disconnects Between Minigrid Policy Stakeholders Keep Sector’s Bankability at Bay
Minigrids have yet to scale on a trajectory reflective of their massive potential.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa