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Kenyan telco Safaricom’s Alpha incubator faces uncertain future
Safaricom’s Nairobi-based Alpha innovation incubator may have an uncertain future, according to sources - TechCrunch reports.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- incubators
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The Highs and Lows of Creating the World’s First Social Stock Exchange
The budget proposal by India’s finance minister Nirmala Sitharaman, in July, to create an SSE in the country is a positive sign—a broader commitment to support inclusive growth.
- Region
- South Asia
- Tags
- impact investing
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Mastercard and Rabobank Roll out Financial Inclusion Platform for Farmers in Emerging Markets
Many smallholder farmers in these countries have limited access to market information, finance and management skills, leading to insecurity, inefficiencies and unsustainable business practices. Through the platform, farmers can connect with potential buyers, access mobile payment tools, and build a digital transaction record that can be used to access formal credit from a financial institution.
- Categories
- Agriculture, Finance
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A Devil’s Bargain to Bank the Unbanked: Why Financial Inclusion Advocates Shouldn’t Trust Facebook’s Libra
As you've likely heard, Facebook has entered the inclusive finance arena, pitching Libra, a global cryptocurrency – ostensibly to promote financial inclusion. But as Digital Equity co-founder Valerie Khan argues, there are plenty of reasons to doubt Facebook's intentions and Libra's “social good” marketing campaign. In fact, she says, "Facebook is not being transparent about its real interest in Libra" – and both financial inclusion advocates and emerging countries should beware.
- Categories
- Finance, Technology
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Viewpoint: The Upside to Facebook’s Libra Disaster
If Facebook really wants to bring financial services to the “unbanked,” it should try doing it on a smaller scale than these companies’ presence promised. And even then, the probability of failure will be high.
- Categories
- Finance
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Making Technical Assistance Work in Africa: Three Keys to Success for Financial Services Providers
It’s not easy delivering data-driven financial services to financially excluded customers in Africa. That’s why technical assistance can be essential to these financial service providers' success. Dumisani Dube at Insight2Impact (i2i) explores the technical assistance programs that i2i provided to seven financial service providers across the continent, and shares what worked – and what didn't.
- Categories
- Finance
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Nubank Fintech Grows Client Base By 25 Percent Since August
The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters reported on Friday (Oct. 11).
- Categories
- Finance
- Region
- Latin America
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Viewpoint: How Aadhaar Bill Will Benefit Startups and the Fintech Segment
With the all-new Aadhaar Bill, the startup ecosystem has breathed a massive sigh of relief.
- Categories
- Finance, Technology
- Region
- South Asia
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