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Visa Pushes for Financial Inclusion in Philippines
There is an opportunity for financial inclusion in the Philippines, and VISA is banking on such potential.
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- Uncategorized
- Region
- Asia Pacific
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Tanzania: Mobile Banking Deepens Financial Inclusion
One of the drivers of the country's gross domestic product (GDP) by 7.0 per cent last year was financial intermediation, speeded up by inclusive financing.
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- Uncategorized
- Region
- Sub-Saharan Africa
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MTN Rwanda partners with government to let taxpayers pay their taxes using mobile money
MTN Rwanda has partnered with Rwanda Revenue Authority (RRA) to offer taxpayers an easier way to pay their taxes using the MTN Mobile Money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Alibaba enters into strategic partnership with Indian mobile wallet company Paytm
Through its marketplace AliExpress, Alibaba has entered into a strategic tie-up with Indian mobile wallet company Paytm.
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- Uncategorized
- Region
- South Asia
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Affordable Housing: Where Success Favours the Brave
Affordable and mid-income housing is a beast like no other. It has a business model that bears little similarity to traditional real estate where developers often rely on price appreciation. Here, the margins are a lot lower, and builders must construct township-like projects quickly. A delay can wipe out profits, while buyers don’t have the ability to pay EMIs if projects are held up. Despite these challenges, three companies—Ashiana Housing, Poddar Developers and Value Budget Housing Corporation (VBHC)—have decided to focus on this segment.
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- Uncategorized
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Press Release: Acumen Launches to Tackle Poverty in Latin America
Acumen announced today its expansion to support social entrepreneurship in Latin America. The pioneer in impact investing will be headquartered in Bogotá and will invest in innovative entrepreneurs and enterprises in Colombia and Peru to drive faster, sustainable solutions to poverty and create new paths forward to tackle economic inequality. While extreme poverty in Latin America has declined by half, more than 80 million people still live on $4 a day and more than 200 million are at risk of being pulled back into poverty by economic instability and climate change.
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- Uncategorized
- Region
- Latin America
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How Mobile Money Is Saving Africa $2bn Annually
Mobile phones have proven to be potential game-changers inboosting access to financial products and services to people in Africa. This is particularly true for those at the bottom of the socio-economic pyramid as seen in East Africa. It has often been appraised based on its contribution to ‘banking the unbanked’, but mobile money has achieved much more, it has saved the continentnearly $2 billion previously lost annually to inefficient money transfer.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Safaricom Safe From Being Declared Market Dominant in Kenya, Regulator Says
Kenya's competition regulator said it won’t impose penalties on mobile-phone company Safaricom Ltd. to limit its market dominance as there’s no evidence to suggest the company has abused its position.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
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