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PRESS RELEASE: CGAP CEO Ehrbeck Will Join Omidyar Network As Partner
Omidyar Network today announced that Tilman Ehrbeck will join the philanthropic investment firm as a partner. Based in Washington D.C., Ehrbeck will oversee Omidyar Network's Financial Inclusion, Impact Investing, and Property Rights initiatives. Omidyar Network Managing Partner Matt Bannick made the announcement during the Clinton Global Initiative Annual Meeting in New York.
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For Social Enterprises, The Bottom Line is Impact: Four Lessons About Investing in Social Businesses
Despite Cambodia's rapid economic growth driven by strong exports, private investment and a growing agricultural industry, nearly one in five Cambodians live below the international poverty line.
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Tata announces social enterprise challenge
The Tata Group has announced the commencement of the Tata Social Enterprise Challenge (TSEC) 2014-15, a joint initiative with the Indian Institute of Management Calcutta (IIM-C), to find India's most promising early-stage social enterprises.
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- South Asia
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- impact investing
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Around the World with Bitcoin: How the cryptocurrency is being put to use in five hotbeds of early Bitcoin activity
Bitcoin startups are using the innovative cryptocurrency/payment system to expand financial services in areas with high mobile coverage and low participation in traditional banks. Sarah Martin runs down early Bitcoin momentum in five countries with active digital currency marketplaces: the Philippines, India, Kenya, South Africa and Argentina.
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Jumpstarting Indian Startups Serving The Bottom Of The Pyramid
There’s a dearth of seed-stage funding for social enterprises in developing countries, a situation known as the “pioneer gap.” That’s why Will Poole and Dave Richards co-founded Unitus Seed Fund about two years ago and, recently, announced an agreement with the U.S. Global Development Lab, a new enterprise within USAID, to jumpstart the early-stage impact startup ecosystem in India.
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- South Asia
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- impact investing
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JPMorgan Chase to spend $35m on promoting financial inclusion
This commitment builds on the efforts of the Financial Solutions LabSM, a separate five-year, $30 million program developed earlier this year by JPMorgan Chase and the Center for Financial Services Innovation (CFSI), to identify, test and scale innovative financial products and services to improve financial security.
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OPINION: Safaricom, Equity Bank thin SIM wars a distraction that should not drag on
Nairobi; Kenya: The dispute pitting Safaricom against Equity Bank over the latter’s plans to offer mobile money transfer services is unnecessary and should not be allowed to drag on.
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- Sub-Saharan Africa
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- mobile finance
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Gates Foundation offers to help monitor India’s ambitious financial inclusion scheme
NEW DELHI: The Bill & Melinda Gates Foundation has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan-Dhan Yojana, the flagship financial inclusion scheme of India's government.
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- South Asia
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