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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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- 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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Task Force on India “Postal Bank” to submit report by year-end
The Task Force set up by Indian Prime Minister Narendra Modi to leverage the country's post office's network in a bid to advance financial inclusion will submit its report by the end of this year, a top government official said today.
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- South Asia
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UN, World Bank and Islamic Development Bank commit 8billion dollars in Major New Development Initiative for the Horn of Africa
Leaders of global and regional institutions today begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than $8 billion over the coming years.
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- Sub-Saharan Africa
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Dusty Tanzania Market Shows Next Step in Mobile Banking
Like millions of Africans, Sebastian Adam uses M-Pesa, a service that lets him pay bills with his mobile phone. With his wife pregnant, Adam decided it was time to start saving -- and to earn interest on the money he saves -- so he switched to a newer offering called M-Pawa.
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- Sub-Saharan Africa
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Could reforms unlock Mexico’s “huge” microfinance potential?
Mexico's financial reforms could help the country's microfinance industry fulfill its "huge potential" for growth, rating agency S&P said in a report.
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- Region
- Latin America
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