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Microfinance Companies to Be Hit by Mergers and Acquisitions in Ghana
Ghana’s microfinance industry is expected to be hit by mergers and acquisitions as the regulator demands recapitalization of companies in the sector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Calls Grow for a New Microloans Model
Some of the world’s top experts in microlending recently gathered to debate a hot topic: Has the microloan boom of the last decade actually helped global efforts to lift people out of poverty?
- Categories
- Uncategorized
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Facebook Launches P2P Payments, Denies ‘Building Payments Business’
Without a doubt, mobile payment is hot topic these days. Google, Facebook, Apple, Samsung, are only a few that have stepped into the mobile payment battle, determined to create the next killer mobile wallet and payment system.
- Categories
- Uncategorized
- Tags
- digital payments
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Viewpoint: America’s Asian Infrastructure Investment Bank Disaster: Are There Lessons to Be Learned?
The floodgates have opened. After the U.K. announced last Thursday that it would seek to join the Chinese-led Asian Infrastructure Investment Bank (AIIB), a trio of other European powers — Germany, France, and Italy — followed suit. With a March 31 deadline looming for countries to gain “founding member” status, expect more states – possibly including Australia and South Korea – to join in as well.
- Categories
- Uncategorized
- Tags
- impact investing
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INTERVIEW: Muhammad Yunus discusses the Indian microfinance industry
The Nobel laureate and founder of microfinance pioneer Bangladesh’s Grameen Bank says MFIs in India could be greedy and tapping the capital market or raising loans from private equity funds is a bad idea.
- Categories
- Uncategorized
- Region
- South Asia
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Chinese Phone Giant Xiaomi Tests Mobile Wallet That Pays Interest
Chinese phone giant Xiaomi has introduced a new wrinkle on the mobile wallet: A portable account that bears interest.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- mobile finance
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Asia Steps Up Efforts to Reach the ‘Unbanked’
Across Asia, governments are experimenting with novel ways to widen access to financial services, from using mobile technology for transfers to allowing retail stores to take deposits in remote areas.
- Categories
- Uncategorized
- Region
- Asia Pacific
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