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New ID Card Scheme: Breaking the Barrier to Financial Inclusion in Nigeria
The burden of providing valid means of identification that has alienated some segments of the society from deriving benefits and value from the nation’s financial system and other initiatives will become history with the National Electronic Identity Card, reports Festus Akanbi
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- Sub-Saharan Africa
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PRESS RELEASE: Omidyar Network leads Series B funding in Cignifi
Cignifi, which has developed a platform to provide credit and marketing scores for people using mobile phone behavior data, has closed a Series B funding round led by existing investor Omidyar Network.
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Nudging towards financial inclusion in India
The Indian government recently launched a massive financial inclusion program with a view to improve access to formal finance. In this context, it is crucial to understand not only the importance of universal access to formal finance, but also the effective ways of achieving the same.
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- Sub-Saharan Africa
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Governments must do more to grow impact investing – G8 taskforce chair Cohen
Governments need to create policies that help to accelerate the growth of investing for profit and social good, the head of a task force set up by the world's richest nations to boost impact investing said.
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- impact investing
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Social enterprise Incubator Villgro invests in three start-ups
Social enterprise Incubator Villgro has invested in three startups, marking its first set of funding this fiscal year. It is targeting to invest in 25-30 more startups by the end of the fiscal year. Ujjeewan Healthcare, Aindra Systems and Scholowiz Educational Solutions, all early-stage companies, have secured funding from Villgro.
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Weekly Roundup 9/5/14 – Recharging Batteries: It’s good to go to conferences, even for editors
There’s a reason groups go to such lengths to organize conferences, and people from all over the world attend them: They’re a great place to recharge batteries and recalibrate goals. It works for editors, too.
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- microfinance
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Zimbabwe: Insurers Must Introduce New Products
Zimbabwe's Insurance and Pensions Commission (Ipec) has called on players in the insurance sector to be innovative to come up with new products that are suitable for the lower end of the market and grow income in the face of tight liquidity.
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- Sub-Saharan Africa
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Voices from the Summit: Eight quotes from prominent speakers on Day 2 of this week’s Microcredit Summit
By Day 2 of this week’s Microcredit Summit, we’d interviewed eight leaders and innovators in microfinance – from trenchant critics to the sector’s elder statesman, Muhammad Yunus. We’ve compiled eight quotes – one from each interview – which give a sample of some of the topics under discussion at the conference.
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