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A Roadmap to Food Security: Linking Geodata with Financial Inclusion to Support Smallholders
Smallholder farmers produce a staggering 70 percent of the world’s food, making them essential to food security. Geodata applications have been shown to improve these farmers’ yields and even boost their financial access – one of the main obstacles to increasing production. To help tap into these benefits, NpM’s Innovator’s Challenge brought together 17 tech companies with geodata-based solutions for smallholder financial inclusion. NpM director Josien Sluijs discusses the winning companies, and the broader potential of geodata-based innovation.
- Categories
- Agriculture, Finance, Technology
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Airtel is banking on its 40 million subscribers to operate the largest and secure mobile money platform in Nigeria
Airtel says it is banking on it over 40 million customers and its retail footprint across major regions in Nigeria to drive financial inclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Multilateral Development Banks agree to align climate change goals
The nine MDBs are: The African Development Bank Group, the Asian Development Bank, the Asian Infrastructure Investment Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank Group, the Islamic Development Bank, the New Development Bank, and the World Bank Group (World Bank, IFC, MIGA).
- Categories
- Environment, Finance
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First GSMA Mobile Money Certification Achieved in Latin America
"We are honoured to receive this certification, after 10 years working to promote financial inclusion, transforming lives and deploying digital highways for millions of Paraguayans, who already are beginning to enjoy the new digital economy,” said Ramiro Pascual, CEO of Tigo Paraguay.
- Categories
- Finance
- Region
- Latin America
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The Philippines’ Voyager Innovations raises $175m from KKR and Tencent
In total, the company now has raised $215 million in funding since Voyager Innovations also secured $40 million from International Finance Corporation (IFC) and IFC Emerging Asia Fund last week.
- Categories
- Finance
- Region
- Asia Pacific
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WhatsApp Chief Seeks Reserve Bank of India Approval to Expand Payment Services to All Indian Users
WhatsApp Chief has written to the Reserve Bank of India (RBI), seeking a formal nod to expand payments services to all its 200 million users in India.
- Categories
- Finance
- Region
- South Asia
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Kenya’s M-Pesa mobile money service now works with China’s WeChat Pay
Tens of millions of people using Kenya’s dominant mobile money service M-Pesa will now be able to transfer cash to over a billion active users of China’s digital payment system WeChat Pay.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Boycott Myanmar: An Open Letter to the Microfinance Community
In response to global events, microfinance has quickly ramped up its focus on refugees. But when those refugees are the Rohingya – the Muslim minority being expelled from Myanmar (and the world’s latest victims of genocide) – this new focus raises some difficult questions, says Daniel Rozas. Why isn’t anyone in the sector talking about the unspeakable atrocities being conducted and condoned in one of the fastest-growing microfinance markets in the world? “There is no way around it: When we work in Myanmar, we are complicit in ethnic cleansing,” Rozas says, in a bold call for a country-wide boycott.
- Categories
- Finance
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