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Why banks are betting on the blockchain – not bitcoin – to transform the financial sector
Banks are getting increasingly interested in the potential of bitcoin's underlying blockchain technology to reduce the cost of payments and back office costs.
- Categories
- Uncategorized
- Tags
- digital payments
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BNY Mellon and The Forbes Funds Name Winners of $1 Million Social Innovation Challenge
UpPrize has named Conversant Labs, Marinus Analytics and PHRQL as the winners of BNY Mellon's $1 million Social Innovation Challenge. The winning ideas will expand digital access for visually-impaired people, help government agencies fight human trafficking, and ensure poor families have access to healthier foods. UpPrize, a unique collaboration between BNY Mellon, the BNY Mellon Foundation of Southwestern Pennsylvania and The Forbes Funds, combines impact investing with a research-based social innovation challenge.
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- Uncategorized
- Tags
- impact investing
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Impact Investors in Africa Are Looking East
President Obama’s recent trip to East Africa put the spotlight on a hot area for impact investing. So it’s timely that the Global Impact Investing Network(GIIN), in partnership with Open Capital Advisors, just published a detailed look at impact investing in the region.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Walmart Is Planning to Open Retail Outlets in Nigeria
Walmart, the world’s largest retailer by revenue, is in advanced talks to open big box stores in Lagos, Nigeria’s economic hub.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why South Africa’s largest mobile network, Vodacom, failed to grow M-Pesa
With just one million subscribers at the end of March 2015—the uptake of the mobile money platform M-Pesa has been labelled a failure in South Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Thirsty for Growth, Liquor Giant Taps African Market
Diageo targets even poorest consumers with liquor made locally and sold cheaply.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Breaking the Myths of Microfinance
A poor woman approaches a microfinance lender along with a couple of her neighbours and friends.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Posta Uganda to Launch Financial Services
Posta Uganda will launch financial services to use its country wide postal networks to promote financial inclusion especially the unbanked rural communities.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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