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Why Bitcoin Can’t Help The Poorest – Yet
The term “financial inclusion” is a new buzzword in the fintech space. With the rise of services like Abra and MPesa, we are convinced that bitcoin is the solution to the problems of the unbanked. With bitcoin, we say, the house cleaner in Dubai can get her money home and the refugee can get his money over the border into a safer place.
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Ghana Microfinance Crisis Growing Into Security Crisis
Bono Ahafo Micro Finance crisis has grown into a security crisis as aggrieved clients demonstrate attack and threaten to stop financial institutions from operating.
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- Sub-Saharan Africa
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- microfinance
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India’s Postal Service Seeks to Serve as Banker to the Masses
The world's largest post office network is planning to ramp up its financial services across India, triggering a race among commercial banks to set up partnerships to reach remote areas that have been unprofitable.
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- South Asia
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Bank of Ghana Revokes Preliminary Approval of 70 Prospective Microfinance Companies
The Bank of Ghana (BoG) has revoked its preliminary approval of 70 prospective microfinance companies and one money lending institution.
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- Sub-Saharan Africa
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- microfinance
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The Hardships of Delhi’s Street Vendors
An estimated 10 million vendors sell goods and services on the streets of India. A Street Vendors Act aimed at regulating these vendors and to protect their rights has been passed by parliament, but the New Delhi High Court says the local government has failed to implement the law.
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- South Asia
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- public policy
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Stanford to Launch Entrepreneurship Training Initiative in East Africa
The Stanford Institute for Innovation in Developing Economies (SEED) announced the opening of a research, training and innovation facility in Nairobi, Kenya by June 2016.
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- Sub-Saharan Africa
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Deoria, Epicentre for a Social Enterprise
The Jagriti Yatra, a 15-day train journey that takes 450 budding entrepreneurs around the country, is a large enterprise in itself but it is just one layer of a larger vision to promote social enterprise. The key to understanding this larger idea lies in Deoria, a district in eastern Uttar Pradesh, which will act as an epicentre to put this plan into action.
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- South Asia
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It Takes a Village to Build a Business – Lessons Learned From a Fintech Accelerator in Mexico
Accion Venture Lab recently teamed with Village Capital and the MasterCard Center for Inclusive Growth to launch its first-ever business accelerator. Its goal was clear: to find and assemble the 12 best early-stage fintech companies in Mexico, and help them take the leap from betas to scalable businesses. Jackie Hyland discusses lessons learned from the experience in this post.
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