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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.
- Categories
- Uncategorized
- Region
- 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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- Uncategorized
- Region
- 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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- Uncategorized
- Region
- 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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- Uncategorized
- Region
- Latin America
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Zimbabwe’s OneWallet posts massive loss as EcoCash thrives
Government-ownded mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile money transfer platform OneWallet for the year-ending December 31 2012 after investing close to a quarter of a million dollars in the product.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Airtel, Kenya Revenue Authority partnership enables subscribers to pay taxes via mobiles
Airtel subscribers can now pay their taxes through their mobile money platform following a partnership with the Kenya Revenue Authority (KRA), which will also see the telco grow its revenues.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Tips to young social entrepreneurs: How to finance a startup
A social enterprise expert from the Social Enterprise Development Inc gives practical advice on how to overcome challenges in business startups.
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- Uncategorized
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OPINION: Is social investment bad for the charity sector?
In recent months senior figures in the world of charity have questioned whether social investment is good for the sector. David Ainsworth examines why this new field is facing a backlash.
- Categories
- Uncategorized
- Tags
- lending, philanthropy
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