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Mumbai’s dream of becoming an international financial center may soon be a reality
Other centres in Asia may be losing their shine—Dubai is surrounded by geopolitical chaos and Singapore is apparently turning less attractive to expatriate workers due to slowing economic growth—marking an opportunity for Mumbai to aspire to that regional position.
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- Uncategorized
- Region
- South Asia
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Equity says 200,000 have signed up for its mobile money platform in Kenya
EQUITY Bank yesterday said it has “quietly” registered over 200,000 customers on its mobile money transfer platform, Equitel, in the ongoing rollout.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Four ways to build an ecosystem to support business in low-income markets: How the Philippines is crafting a model worth replicating
The Philippines has proven itself an excellent example of a nation’s capacity to support ecosystem development, a model that could well be replicated in many countries. As UNDP looks to replicate the success of its country-level collaboration through the Business Call to Action Initiative in the Philippines, it is establishing a collaboration with the William Davidson Institute as part of the BoP Roadmap Initiative.
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- Uncategorized
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Social Entrepreneurs Compete For More Than $3M In Skoll Challenge
The Skoll Foundation just kicked off its second annual Social Entrepreneurs Challenge. Open to its 87 awardees, 68 are participating. The competition is taking the form of a crowd-funding campaign, using the services of CrowdRise, which has a fundraising platform for nonprofits.
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- Uncategorized
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PRESS RELEASE: IFC Launches First Bonds Supporting Inclusive Businesses in Emerging Markets
IFC, a member of the World Bank Group, has launched the first bond program to support businesses that profitably provide goods, services, and job opportunities to people at the base of the economic pyramid. IFC calls these inclusive business models.
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- Uncategorized
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Asia-Pacific J&J Innovation Center opens with Shanghai HQ
Johnson & Johnson Innovation has expanded its global network of research partnering hubs with the opening of the Asia Pacific Innovation Center headquartered in Shanghai with satellites in Singapore, Australia and Japan.
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- Uncategorized
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Rwanda joins Better Than Cash Alliance as part of bid to achieve 80% financial inclusion by 2017
Rwanda has joined the Better Than Cash Alliance to help accelerate the adoption of electronic payments in the country as part of a commitment to achieve 80% financial inclusion by 2017.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Institutions from Brazil, Ecuador and Paraguay win the IDB’s Inter-American Awards for Innovation
Banco do Nordeste of Brazil, Tigo from Paraguay, and FOODSANU from Ecuador have won this year’s Inter-American Awards for Financial andEntrepreneurial Innovation for their excellence in supporting financial inclusion, digital finance, and microenterprise in Latin America and theCaribbean.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- impact investing
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