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In Response to Crisis, Bank of Ghana to Review Licensing Regime for Microfinance Companies
The Bank of Ghana (BoG) has decided to review the process of granting licences to microfinance institutions (MFIs) to forestall illegal operations by unqualified MFIs in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Viewpoint: Amended Financial Law Could Revolutionise Banking in Uganda
After nearly six years in the making, it took Members of Parliament a single day to pass amendments to the 2004 Financial Institutions Act.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- Islamic finance
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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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- Uncategorized
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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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- 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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- Uncategorized
- Region
- 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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- 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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- Uncategorized
- Region
- South Asia
- Tags
- 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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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