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Press Release: Grant Awarded to Establish Aceli Africa, a Data-Driven Financing Facility to Unlock Capital for Agricultural SMEs
According to the World Bank, agricultural growth in Africa is significantly more effective at reducing poverty than growth in other economic sectors. Agricultural SMEs, including farmer cooperatives and food processors, improve livelihoods by aggregating and linking smallholder farmers to markets and generating employment for low-skill workers, particularly women and youth.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- blended finance
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Viewpoint: Perpetual Debt in the Silicon Savannah
One Kenyan argued the apps are ‘enslaving’ people—from the working poor to the salaried classes—by making claims on their future labor.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Maxing Out Mexico: Credit Card System Comes to a Halt
Reuters’ witnesses in Mexico City said they had their cards declined at different stores and saw others that had put up signs informing customers that their payment systems were down. Twitter users outside the capital reported the same problems.
- Categories
- Finance
- Region
- Latin America
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PayPal Helps Entrepreneurs With MetLife and Village Capital
PayPal, venture capital firm Village Capital and financial health expert, MetLife Foundation, have come to together to launch Finance Forward – a global coalition to support fresh entrepreneurs.
- Categories
- Finance, Health Care
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Bringing Digital Financial Inclusion to Women: The Impact of an Integrated Ecosystem Approach
Despite many global initiatives aimed at catalyzing formal banking, almost 1 billion women remain excluded from the financial economy. According to Ankur Seth and Neha Kumar at Intellecap, it's now clear that financial inclusion for women cannot be attained by simply giving them an account or internet access. Instead, it will require an integrated digital financial ecosystem designed for women's needs – an approach Intellecap is piloting in India.
- Categories
- Finance
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Reserve Bank of India Allows Fintech Companies, Financial Institutions to Set up Regulatory Sandbox
The RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks of emerging technologies and their implications.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
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National Bank of Cambodia Slams NGOs’ Lending Report
A report on predatory lending in Cambodia by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), was slammed by the National Bank of Cambodia (NBC) as “flawed”.
- Categories
- Finance
- Region
- Asia Pacific
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‘Financial Innovation’ is no Frankenstein: How Impact Investors and Inclusive Finance Innovators Are Redefining the Term
For many, the words "financial innovation" spark memories of the banking malfeasance that led to the 2008 financial crisis. But as Paul Hailey at responsAbility Investments sees it, financial innovation has come a long way since then. He argues that innovative new investment products don't have to be "a monster lurching towards the village," and explores how they can enable both financial inclusion and investor returns.
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