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Latin America: Low-Income Millennials Present Big Market Opportunities
Hardly a day passes without a new article on how businesses are analyzing the needs, wants and spending trends of millennials. In the US alone, millennials (or Generation Y), those born between 1980 and 2000, represent 30 percent of the population. By 2025 they will be 75 percent of the workforce.The impact that millennials are starting to have on the global economy, the environment, and politics is enormous.
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- Uncategorized
- Region
- Latin America
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Only 15% of Pakistanis Use Digital Financial Services
Only 15% of Pakistanis use Digital Financial Services, and there has been no significant increase in the user base or registrations between 2013 and 2014, said a Financial Inclusion Insights (FII) survey report.
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- Uncategorized
- Region
- South Asia
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Zimbabwe Caps Bank Interest Rates At 18 Percent
Zimbabwe's central bank on Wednesday capped lending rates for finance institutions at 18% and moved in to reform the banking sector in a bid to improve economic activity and enhance stability.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- governance
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Three Takeaways From a Massive Tech Grant to Fight Global Poverty
Why is Good Ventures worth watching closely? For a few reasons, all of which are exemplified in its grant to GiveDirectly, its biggest give to date.
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China’s move to regulate Internet payments sparks concern
China is moving to limit the lightly regulated world of internet payments, an initiative that some critics warn could stifle development in one of the most innovative sectors of the economy.
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- Uncategorized
- Region
- Asia Pacific
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OPINION: 10 developments that could transform the future of Indian banking
With emerging needs in urbanisation, industrialisation, digitisation, education, financial inclusion, and global integration, the following 10 developments will shape the banking industry in India’s journey towards a $20 trillion economy.
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- Uncategorized
- Region
- South Asia
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Safaricom will not be forced to loosen its dominant hold on Kenya’s mobile-money market
For a minute there, it looked like Safaricom might have to break up its business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached
GiveDirectly's work is receiving a major boost from Facebook co-founder Dustin Moskovitz and his wife Cari Tuna, who on Monday announced a $25 million donation through their foundation Good Ventures.
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- Uncategorized
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