-
Gates and World Bank Back Tech-Aided Access for the Underbanked
A partnership between the World Bank and the Gates Foundation is encouraging the creation of a digital payment system.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
ACCION Microfinance Bank receives N50 million fund from Central Bank of Nigeria
ACCION Microfinance Bank, Nigeria’s leading microfinance bank, has received N50 million from the Central Bank of Nigeria microfinance intervention - the Micro, Small and Medium Enterprises Development Fund (MSMEDF).
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
-
Philippines Leads 12 Asian Nations in Giving Access to Finance
The Philippines provides the best access to financial services to people among 12 countries in Asia, reflecting the central bank’s efforts to boost inclusion and tackle poverty, an Economist Intelligence Unit study shows.
- Categories
- Uncategorized
- Region
- South Asia
-
Econet Wireless partners with Western Union in Zimbabwe
ZIMBABWE’S largest mobile telecoms company by earnings and subscribers Econet Wireless and Western Union Company, a leader in global payment services, have teamed up to offer consumers fast and reliable international money transfers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
WorldRemit expands mobile money transfer services to Latin America
WorldRemit, an online and mobile money transfer company, has announced a partnership with Bancomer Transfer Services Inc. to offer money transfers to Latin America.
- Categories
- Uncategorized
- Region
- Latin America
-
Hivos-Triodos Fund (HTF) Loans $3.1m to India’s IntelleGrow for Loans to Small, Medium-Sized Enterprises
The Hivos-Triodos Fund (HTF), a Netherlands-based microfinance investment vehicle, recently loaned EUR 2.5 million (USD 3.1 million) to IntelleGrow, an Indian nonbank financial company that specializes in making loans to small and medium-sized “social enterprises” in the agriculture, clean energy, education, financial, healthcare, sanitation and water sectors.
- Categories
- Uncategorized
- Region
- South Asia
-
“Africa needs Africa”: MasterCard & Bank of Tanzania push for local solutions
Zahir Khoja, VP, global channels at MasterCard, said Africa is attractive as an untapped opportunity and warned many companies think they can implement a “plug and play solution” without realising that “sometimes there is no socket” to do this. Instead they need to understand that an African-specific solution is needed.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Dr. H. Sudarshan of Karuna Trust Wins India Social Entrepreneur of the Year, 2014
The Schwab Foundation for Social Entrepreneurship, in partnership with the Jubilant Bhartia Foundation announced Dr. H. Sudarshan, founder of Karuna Trust, as the winner of the India Social Entrepreneur of the Year, 2014 Award. The awards were conferred in New Delhi, at a well-attended gala, by Mr. Arun Jaitley, Minister of Finance, Corporate Affairs and Defence, Government of India. The other finalists included Matthew Spacie of Magic Bus and Yogendra Bhushan of Bodh Shiksha Samiti.
- Categories
- Uncategorized
- Region
- South Asia
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.