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Vodacom “cautiously optimistic” that M-Pesa is better positioned to take off in South Africa
Mobile operator Vodacom is cautiously optimistic that itsMobile money offering, M-Pesa, is now better positioned to take off locally, after it failed to make much of an impression on the local market the first time around.
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- Sub-Saharan Africa
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Janalakshmi to lead investor rush into India’s microfinance sector
After Janalakshmi's record-breaking deal, Indian MFI sector likely to raise Rs 2,000 crore in FY15
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- South Asia
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Bill Clinton Rewards a Social Startup and Resolves a Minor Health Crisis in the Same Night
A team of students from the Indian School of Business left a Times Square Sheraton Tuesday night with $1 million to help them improve access to health care in low-income neighborhoods and with this year’s Hult Prize, which former U.S. President Bill Clinton awards annually to a team of student social entrepreneurs.
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What Needs To Happen For Impact Investing To Be The World-Changing Force It Could Be
The idea of investing both for profit and social good has come a long way in the last few years, but the sector still has enormous potential to grow.
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Major donors launch new fund to support innovation
For some time now, major bilateral donors have been working independently to fund innovations and support startups, but a group of them announced Tuesday a new fund where they will pool capital to spur creative, pioneering interventions to tackle global development challenges.
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Join the Livestream of the Business Call to Action Forum 2014: Sustainable businesses for the BoP is the focus
NextBillion is serving as a media partner for the Business Call to Action Forum 2014. Today, the opening plenaries will focus on sustainable business - both economically and environmentally - for the base of the pyramid. Join us for the BCTA Forum Livestream, live from New York.
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PRESS RELEASE: Accion Acquires 10 Percent Stake in Peruvian Microfinance Institution Credinka
Boston, MA and Lima, Peru, September 24, 2014 – Accion, a leader in microfinance, today announced its purchase of a 10 percent stake in Peruvian microfinance institution Credinka from majority stake holder Diviso Grupo Financiero.
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- Latin America
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- microfinance
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Why isn’t the Reserve Bank of India excited about Modi’s financial inclusion scheme?
The central bank warned last week that a faulty rollout could create more problems than it could fix.
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- South Asia
