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Analysis: Financial Inclusion Implications of India’s new National ID Law
On Friday, the Lok Sabha stamped its overwhelming approval on the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill. Since it is a money bill, the Rajya Sabha cannot exercise a veto. It is for all practical purposes just short of becoming law.
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- Region
- South Asia
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This Is a Great time to Be a Woman Entrepreneur, Says Activist
Having spent 35 years of her career in the field of communication, publishing and digital media, Melanie Hawken decided to take a different path altogether—harnessing her communications experience to pull the audience of African women entrepreneurs. She founded a women entrepreneurs’ think-tank, ‘Lionesses of Africa’. Within a year, the organisation has managed to reach over 100,000 inspirational women entrepreneurs from across the continent. The target is to assist one million African women entrepreneurs to unlock their business potentials by 2018. During the recent Global Women’s summit in Kigali, Hawken talked to The New Times’ Athan Tashobya about her ambitions to share, inspire and connect women entrepreneurs across Africa and also weighed in on what Rwanda’s women empowerment policies mean to the continent.
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- Sub-Saharan Africa
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Zimbabwe Launches National Financial Inclusion Strategy
The Reserve Bank of Zimbabwe through various stakeholders is aiming to increase the level of access to formal financial services within the country to 90 percent from 69 percent while improving the proportion of financially included small business to 80 percent by 2020.
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- Sub-Saharan Africa
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NexThought Monday – What Uber and Airbnb Can Teach Us About Global Development
The sharing economy isn't built on apps or smartphones. Its foundation is something far less high tech: paper. Specifically, legal papers related to property such as deeds, titles, leases and the institutions that uphold them. But those documents, and the rights that go with them, are far too scarce for the poor. How some countries are transforming their property rights and land tenure systems, and why the development community should take notice.
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Indian Social Entrepreneur Shaffi Mather’s New Venture Wins the Startup of the Year Award at Startup Grind!
MUrgency has been chosen as the Startup of the Year 2016 at the prestigious Startup Grind 2016 Conference in Redwood City in Silicon Valley, Calif. MUrgency was selected from amongst 1,100 startups that applied from 200 cities around the world. As winner, Startup Grind will work with MUrgency to plug into the Startup Grind network across the world.
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- South Asia
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Kenyans Abroad Shun High Interests Rates With Diaspora-Founded Bank
Kenyans in the diaspora are shunning high interest rates and remittance costs charged by local banks with the launch of a microfinance institution.
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- Sub-Saharan Africa
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- microfinance
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Social Entrepreneur Akanksha Hazari Gets Vital Voices Global Leadership Award in Washington
Social entrepreneur Akanksha Hazari of India was honored with the Economic Empowerment Award at the 15th Annual Vital Voices Global Leadership Awards, at The John F. Kennedy Center for the Performing Arts, in Washington, DC, on Wednesday. Theranos founder and Chief Executive Officer Elizabeth Holmes presented the award to Hazari.
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PWC to Liquidate Troubled Microfinance Company DKM’s Assets to Pay Back Depositors in Ghana
PriceWaterhouse Coopers is to liquidate the assets of troubled microfinance company, DKM, to raise money to payback depositors whose monies were locked up with the company, the Governor of the Bank of Ghana said Tuesday.
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- Uncategorized
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- Sub-Saharan Africa