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Zimbabwe: Boom Times Over for Mobile Telecoms
Economic slowdown and excessive regulatory fees and charges, an unpredictable environment and the extraordinary growth in social media platforms, are beginning to take their toll on the mobile phone industry.
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- Region
- Sub-Saharan Africa
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OPINION: For-profit and nonprofit integration: The road to financial sustainability
How can a social enterprise that is nonprofit aim to deliver sustainable impact if it can’t achieve financial sustainability? And is it possible in the 21st century for corporations not to incorporate social impact as part of their core business strategy?
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Rwanda accused of manipulating poverty statistics
Rwandan authorities manipulated the latest official statistics on poverty to make it look like it was going down, while much of the source data suggested it was actually on the increase, according to information obtained by FRANCE 24.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Impact Investor Lotus Fund Teams Up With Vietnam’s Da Nang University to Launch Innovation Hub
Lotus Fund, an impact investing fund focused on Southeast Asia, has teamed up with the University of Da Nang’s College of Information Technology in Vietnam to launch Lotus Hub, an innovation space for entrepreneurs.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- impact investing
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India’s largest mobile wallet to split into separate payments, ecommerce apps
The country's largest mobile wallet Paytm will hive off its bread-and-butter payments business as a separate app, with the current app focusing on shopping.
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- Region
- South Asia
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Grameen Foundation Announces Steve Hollingworth As New CEO
The Board of Directors of Grameen Foundation announced today the selection of its next president and chief executive officer (CEO) Steven L. Hollingworth, a distinguished leader in the field of poverty eradication. He has been the chief executive officer of Freedom from Hunger since 2011, where he has been a transformative leader focusing the organization on the intersection of poverty, financial services, hunger and health in partnership with other organizations.
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Moving Beyond Microcredit
Microfinance pioneer Muhammad Yunus was driven by the idea that many of the world’s poor are entrepreneurs who could bootstrap their way out of poverty if only they had access to startup capital. But in practice, loan recipients are often already in the middle class, at least relative to local standards. And Yunus did not anticipate the practice becoming a commercial one, which he now blames for higher interest rates.
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Can social entrepreneurs drive inclusive growth in India?
Over 60% of the Indian population still lives on less than $2 (about Rs.130 at current rates) a day. In the World Economic Forum’sInclusive Growth and Development Report 2015, India is placed second highest in terms of net income inequality among 34 countries in the lower-middle-income group.
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- Uncategorized
- Region
- South Asia
