-
Three BoP Business Portfolios: Progress across three portfolios supporting 160 companies
Caroline Ashley evaluates three base of the pyramid investment portfolios: The Business Innovation Facility pilot (2010-2013), Innovations Against Poverty pilot (2011-2013) and Business Call to Action (five years old and ongoing). The data is based on years of rich engagement with three contrasting portfolios, each with an exciting - but different - array of innovative businesses.
- Categories
- Uncategorized
-
Three Key Steps for Boosting Mobile Money in Nigeria: Grameen Foundation explores ways the struggling sector could reach its potential
As the largest of Africa’s fast-growing economies, Nigeria is a promising market for mobile finance. Yet though almost 57 percent of Nigerian adults have no access to formal financial services, only 0.1 percent actively use mobile money. Grameen Foundation explores the reasons for the stunted growth of mobile services, and outlines some key steps that could increase their adoption and continued use.
- Categories
- Uncategorized
-
State Bank of India to Provide Mobile Financial Services to Underserved
Amdocs, a provider of customer experience products, today announced the selection of its mobile financial services product in association with Triotech's product, which will enable State Bank of India to offer mobile financial services to India's unbanked and underbanked population, using the mobile network of Bharat Sanchar Nigam Limited. The solution will be delivered under a five-year services contract, according to a press release.
- Categories
- Uncategorized
- Region
- South Asia
-
Khosla Labs & Unitus Seed Fund to Incubate and Back Up to Six Aadhaar-Based Startups
Bangalore-based startup incubator Khosla Labs has partnered with seed-stage impact investor Unitus Seed Fund to incubate and fund four-six startups working on the Unique Identification Authority of India (Aadhaar) project.
- Categories
- Uncategorized
- Region
- South Asia
-
Survey: 36.9m Nigerians Excluded From Financial System
Findings from the EFInA access to financial services in Nigeria 2014 survey has revealed that 36.9 million adults, representing 39.5 per cent of the population are financially excluded.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Cameroon Government, Mobile Operators Launch Service Allowing Tax Payments Through Mobile Money
The Cameroonian government has launched a new tax service called Mobile Tax, in association with mobile operators MTN and Orange.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- public policy
-
Survey: In Nigeria, 2.6 Million Adults Have Microfinance Bank Accounts
A survey carried out by Enhancing Financial Innovation & Access (EFInA) Access to Financial Services in Nigeria in 2014 revealed that 2.6 million Nigerian adults representing 2.8 percent, currently have a microfinance bank account.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
-
PRESS RELEASE: Global Banking Alliance for Women Announces Partnership to Close Gender Data Gap in Finance
The Global Banking Alliance for Women (GBA) is proud to announce a partnership with the Inter-American Development Bank (IDB) and Data2X to expand the collection and use of financial data on women in economies around the world. The commitment was announced this morning at an event in New York headlined by speakers Secretary Hillary Rodham Clinton and Michael R. Bloomberg, during a panel moderated by Chelsea Clinton. The initiative aims to close the gender data gap in the banking sector, leading to greater financial inclusion and empowerment of women.
- Categories
- Uncategorized
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.