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Argidius Foundation and Aspen Network of Development Entrepreneurs Announce Challenge to Stimulate Small Businesses in Emerging Markets
Around the world, small businesses form the backbone of a healthy economy, generating employment, wealth and ultimately, global prosperity. But for these businesses to grow, they need to attract middle and senior level managers who are skilled enough to guide these dynamic firms. Yet this can be challenging in emerging economies where high-caliber talent can be difficult to identify and often attracted to more established organizations.
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Banks Have a $380 Billion Market Opportunity in Financial Inclusion: Accenture and CARE International UK Study
Banks can address an additional $380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a report produced jointly byAccenture and CARE International UK, a leading humanitarian organization fighting global poverty.
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The Most Popular Posts on NextBillion for September
Congratulations NextBillion contributors whose posts were the most popular in September. Below are the most viewed articles for the month as well as the most shared on social media. For each post, we’ve also added the “money quote” or the key paragraph or passage. A special thanks to these contributors as well as all NB submitters.
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Aging and Financial Inclusion: Steal These Ideas!
Aging is a reality, but can it also represent an opportunity for financial institutions? The smart money is on providers who recognize that the answer is yes, and work to figure out how to respond.
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- microfinance
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Asian Firms Can Take the Lead in Curbing Poverty, WB Says
Family-owned Asian businesses like the conglomerates that dominate the Philippine economy get a bad rap from more widely held “western” corporations, which are seen as more competitive due to better management.
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- Asia Pacific
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Financial Inclusion: Focus on Middle India
Those wedged between India's welfare and market-driven economies have little social security even as they work under precarious employment conditions.
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- South Asia
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State Bank of India to Launch Mobile Wallet for Feature Phone Users Next Month
The country's largest lender, State Bank Of India, is all set to become the first bank to offer wallet services for feature phone users.
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- South Asia
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- mobile finance
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Zimbabwe’s Postal Service Enters Online Payments Game
Zimpost, the state-owned enterprise that owns and manages all local postal services, has introduced its own online payments and e-money platform.
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- Sub-Saharan Africa
