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What’s Next for Philanthropy? More Investment and More Cooperation.
Washington-area philanthropy is becoming unabashedly business-minded. Practices such as impact investing and public-private partnerships that were experiments after the recession are now expected to be regular giving habits for many do-gooders. And that’s just for starters. Capital Business caught up with a few local philanthropy thought leaders to see what’s next for local giving in the region:
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PRESS RELEASE: The Aspen Institute Appoints Ida Rademacher as New Executive Director of the Initiative on Financial Security
The Aspen Institute is pleased to announce today that Ida Rademacher has joined the Institute as the new Executive Director of the Initiative on Financial Security, effective immediately. In this role, Rademacher will lead the Initiative into a new phase of engagement with leaders from the financial services, government, and independent sectors to explore how the rapidly evolving financial system and public policies can work together to improve the financial security and financial well-being of all Americans. Rademacher's work will expand the Initiative on Financial Security's efforts to bring to the national forefront a solutions-focused discussion of how America can address growing wealth inequality and household financial insecurity.
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Nigerian President Goodluck Jonathan Promises to Revive the Country’s Microcredit Sector If He wins Re-Election
President Goodluck Jonathan yesterday promised to revive the micro-credit sector of the economy if he wins the February 14, 2015 election.
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- Sub-Saharan Africa
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- public policy
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Barack Obama Commends India’s Financial Inclusion Drive, Calls for Greater Voice for the Country in IMF
US President Barack Obama Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
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- South Asia
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Nigerian Smart Card Plant Supports Expansion of Financial Services to Poor
Responding to banks’ efforts to reach out to people who do not typically use financial services, Nigerian President Goodluck Jonathan this week inaugurated the first Europay, MasterCard and Visa (EMV) certified smart card manufacturing plant in sub-Saharan Africa.
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- Sub-Saharan Africa
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Viewpoint: After Some Teething Troubles, Frugal Innovation Is On the Rise
Victor Hugo once said that “nothing can stop an idea whose time has come”. He failed to add that a lousy product launch can delay it. In the first decade of this century it seemed that frugal innovation’s time had indeed arrived: to meet surging demand from new consumers in emerging economies, innovative firms in those countries were stripping products of their fripperies and cutting their cost drastically. The new world had at last produced a big, new management idea.
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Card Payments Drop as Mobile Money Use Grows in Kenya
Payments made using plastic cards dipped by a fifth in 11 months to November last year as mobile phone-based payments ate into commercial banks’ business.
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- Sub-Saharan Africa
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Bill and Melinda Gates Want to Fix Another Messy Global Problem: Banking
Bill and Melinda Gates have taken on some of the world’s messiest problems, funding projects to improve the design of toilets and condoms and even create urine-powered fuel cells. Now, in their annual letter published today, they’re outlining ambitions to tackle another messy sector: banking.
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