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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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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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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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- 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.
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- Region
- Latin America
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- impact investing
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Goa will be India’s first state to achieve 100% financial inclusion, say officials
Panaji: With 95% of the house-to-house survey completed and the procedure to allot accounts to Goans done, Goa may well be the first state to be entirely covered under the Prime Minister's Jan Dhan Yojana. With this, Goa will be the first state to achieve complete financial inclusion, officials close to the development said.
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Q&A: Nigeria’s Mara Mentor Hones Youth Entrepreneurship
Mara Mentor was created with the aim of empowering the youths of Africa in their business endeavors, in recognition that they are the driving force behind economic growth and future prosperity.
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Indonesia Has More Smokers Than Bank Account Holders
Jakarta – Indonesia has a far greater number of smokers and mobile phone users than bank account holders, according to the Director General of Bank Mandiri, Budi Gunadi Sadikin.
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- Region
- Asia Pacific
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OPINION: Taking Bitcoin Beyond the Banked
Most of the industry development around bitcoin still seems to be run by a collection of people who are decidedly banked. This begs the question: what part do the unbanked play in bitcoin, its use and evolution?
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