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This Firm Keeps Capital Flowing to Micro-Entrepreneurs
The global financial crisis didn’t dent the demand for loans from small businesses and micro-entrepreneurs around the world. But it sure whacked the supply of capital available to lend to them.
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- microfinance
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Ghanaian startup hopes “ethical pricing” prompts surge in African Bitcoin remittances
Ghanaian startup Beam is banking on the fact heavily undercutting other remittance services will lead to large uptake of Bitcoin across Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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MasterCard CEO says financial inclusion is our generation’s big responsibility
MasterCard CEO Ajay Banga discussed financial inclusion at Mobile World Congress.
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- Uncategorized
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Start-Up Hubs Multiply in East Africa
The African continent has become home to a new wave of creativity and talent, with Nairobi as the hotbed of innovation.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Lumkani is going to Silicon Valley, wins $50k social entrepreneurship prize
Lumkani Fire Detection has won the South African leg of Chivas Regal’s Win the Right Way competition — a global initiative that sets out to find and support the world’s top social entrepreneurs.The Cape Town-based startup has developed an early-warning fire detection system for dense settlements. The small fire detection device consists of heat detectors that send an SMS with GPS locations to community leaders and the local fire department in times of danger.
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Viewpoint: The Rise of the Social Entrepreneurs Is Egypt’s Silent Revolution
Tuning in to news channels, browsing through social media sites, or engaging in a chit-chat with one of Egypt's ever-so talkative taxi drivers can leave even the biggest optimist heavy-hearted. High illiteracy rates in Egypt's primary and middle schools, blood-covered hospital beds shared by multiple patients, and increased suicide rates among men unable to provide for their families are tragically common and familiar headlines. While the core of our economic and social problems have long been recognized, very little has been done to address them.
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- Uncategorized
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- North Africa & Near East
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Bitcoin Startups Bring ‘Rebittance’ Service to Argentina and Mexico
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect.
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- Uncategorized
- Region
- Latin America
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World Bank to boost India’s MSME sector through $500 million loan
The World Bank on Monday approved a $500 million loan for the MSME Growth Innovation and Inclusive Finance Project to improve access to finance for Micro, Small and Medium Enterprises (MSMEs) working in the manufacturing and services sector at an early stage.
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- Uncategorized
- Region
- South Asia
