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Zimbabwe’s Lack of Cash for Once Is a Good Thing
“It’s a big advantage,” Eddie Cross, a member of the central bank’s monetary policy committee, said of the cashless environment. Reserve Bank Governor John Mangudya last week urged lenders to ensure uninterrupted continuity with all digital banking platforms, which were the “safest and most secure forms” of transacting.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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How Can Inclusive Finance Help in a Pandemic?
We were huddled in a routine team discussion at FSD Kenya when we received news of the first confirmed Covid-19 case in Kenya. We began thinking about how we could help our communities through the uncertainty and how the financial sector can help navigate these challenging times.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Coronavirus Will Be Even Worse For Low-Income People And Businesses, But Fintechs Can Help
Around the world, financially insecure people are fundamentally more susceptible to financial shocks like coronavirus, and the current crisis is bringing the challenges this population faces into stark relief. Innovative, inclusive fintech is crucial for weathering this pandemic
- Categories
- Coronavirus, Finance
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Press Release: JPMorgan Chase Makes $50 Million Philanthropic Investment to Help Address Immediate and Long-Term Impacts of COVID-19
JPMorgan Chase announced a $50 million global philanthropic commitment to address the immediate public health and long-term economic challenges from the COVID-19 global pandemic.
- Categories
- Coronavirus, Finance
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Press Release: VisionFund International Brings Financial Inclusion to Refugees in West Nile Settlements
VisionFund is the first microfinance organisation to serve refugee groups at scale with group loans in Palorinya settlement.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Financial Inclusion: Mexico Plans a Bank-Building Spree
Financial inclusion has long been a problem in Mexico. Less than half of the population has a bank account. The credit-to-GDP ratio is around 34% – stubbornly low relative to comparable countries in Latin America.
- Categories
- Finance
- Region
- Latin America
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Closing in on the SDG Home Stretch: A Q&A with Florian Kemmerich and Lucica Ditiu at SDG500
Six new funds comprise the new SDG500 initiative – a first-of-its-kind, $500 million investment platform aimed at accelerating progress towards the UN Sustainable Development Goals. Florian Kemmerich at Bamboo Capital Partners and Lucica Ditiu of the Stop TB Partnership spoke with NextBillion to share a behind-the-scenes look at how the initiative aims to reach its goals by 2030.
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Opportunity Fund and the Accion U.S. Network Combine Efforts to Drive Small Business Access to Credit and Advisory Services in the U.S.
Opportunity Fund, the country’s leading nonprofit small business lender, and the Accion U.S. Network, the U.S. affiliate of global nonprofit Accion that has led a nationwide network of community lenders since 2011, will join efforts to form Accion Opportunity Fund, effective immediately.
- Categories
- Finance
- Region
- North America
- Tags
- microfinance, nonprofits
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