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Microcredits boost rural financing in China
Opinions on Development of Financial Services to Farmer, Rural Areas, and Agricultural Production by the General Office of the State Council has proposed "accelerated promotion of microcredits in rural areas".
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- Asia Pacific
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Top 20 African tech startups, PesaPal, mobile services providers in the lead
Africa today is said to be a mobile continent, according to CNN. As such, a lot of innovative startups concentrate on developing innovative products and systems for mobile applications.
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- Sub-Saharan Africa
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PRESS RELEASE: Accion’s Frontier Investments Group Invests in Eseye
Accion, a pioneer and leader in bringing financial services to the underserved, today announced that its Frontier Investments Group has become the first institutional investor in Eseye Ltd, a global machine-to-machine (‘M2M’) technology and service provider, with a participating investment in its $9.0 million Series B financing round.
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Mobile wallet a distant dream in India
Despite a huge unbanked population and 700 million cellphone connections, the concept of mobile wallet will take some time to become popular in India as people are still unaware of its larger benefits like financial inclusion, even as the standards to make it functional are yet to be in place, experts maintain.
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- South Asia
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What Nigeria needs to drive mobile money growth
Nigeria, Africa’s largest economy by GDP, will require a national accelerator programme to drive the adoption and usage of mobile money services by the vast majority of Nigerians, said Emmanuel Okoegwale, principal consultant at Mobile Money Africa.
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- Sub-Saharan Africa
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Taking financial inclusion beyond bank accounts in India
Prime Minister Narendra Modi cleared the grand financial inclusion plan last week, which he is going to unveil on August 15.
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- South Asia
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NexThought Monday – Innovation Overkill: Why product innovation in financial inclusion isn’t always the right move
All the renewed talk about product innovation and a client-centric approach in financial inclusion may overlook two important points, says MicroSave’s Graham Wright. First, there are important differences between market leaders and followers. And second, moving through the product development continuum isn’t easy. For some companies, he suggests, it’s better to copy than to innovate.
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Technoserve releases annual report highlighting progress on five-year strategic plan
We work with enterprising people in the developing world to build competitive farms, businesses and industries.
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