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Press Release: IFC Study Shows How Tanzania Became Mobile Financial Services Pioneer
IFC, a member of the World Bank Group, today published a study documenting the establishment of interoperability in the mobile financial services market in Tanzania, an arrangement that increases access to mobile financial services and advances financial inclusion.
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- Sub-Saharan Africa
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Refugees Volunteer to Keep African Restaurant Mu’ooz Open in Brisbane
A not-for-profit Brisbane restaurant that helps female African refugees hopes volunteers and diversification will help keep the business running.
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Check out a Replay of Latest Google+ Hangout : Our guests: Kayser, Budinich authors of ‘Scaling Up Business Solutions to Social Problems’
The new book, “Scaling Up Business Solutions to Social Problems,” not only assesses “why is the lab for social innovation full but its globalization plant so empty?” but provides realistic remedies to turn around vexing problem of scale. In our next Google Hangout, authors Olivier Kayser and Valeria Budinich join us.
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Social Enterprises On the Rise
A prudent man holds on to the old as long as it is good, and grabs hold of the new as soon as it is better; so goes an old adage. It's time to let go of the old and discredited handout and hand-me-down charity approach, and take hold instead of the hand-up approach to community and nation-building practised by social entrepreneurs and social enterprises. There are two outstanding men among us who are at the forefront of grabbing hold of this new paradigm; one from the public sector and the other from the private sector.
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New ‘M-Shwari-Like’ Service Launched in Kenya
Safaricom has entered into a partnership with a leading bank in Kenya, the Kenya Commercial Bank (KCB), to launch a mobile banking product similar to M-shwari, named KCB-MPesa Account.
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- Uncategorized
- Region
- Sub-Saharan Africa
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3 Ways to Fight Financial Exclusion
Inclusion is one of the hottest development topics of 2015. Being excluded, financially or socially, perpetuates unemployment, inequality and poverty. With 1.8 billion young people in the world, and this number growing most rapidly in the countries with the highest rates of exclusion, we can’t afford to hesitate in addressing this problem.
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‘Financial inclusion is not going to be realized without smartly leveraging technology’: An interview with Carol Caruso, Senior Vice President, Channels and Technology at Accion
With cellphones booming in developing countries, achieving universal financial inclusion by 2020 is no longer unrealistic. Accion has been at the forefront of digital finance as an anti-poverty tool. We recently spoke with Carol Caruso, who leads Accion’s Channels & Technology unit, about what the future holds.
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Does India Need Microfinance-Focused Mudra Bank?
Do we need yet another refinance agency in the Indian financial system? Quite a few such agencies already exist; none of them can claim to be a success by any yardstick.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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