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Something New in BoP Housing: A new OMJ study explores four key business models tailored to low-income consumers
In a study just published by the Opportunities for the Majority (OMJ) at the Inter-American Development Bank (IDB), researcher Christy Stickney highlights several promising approaches to penetrating the BoP housing markets in Latin America and the Caribbean, based on 11 cases from Colombia, México, Nicaragua, Paraguay, and Peru.
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Competition takes toll on mobile money agents’ profits
NAIROBI, KENYA: The huge number of mobile money agents may have played a significant role in growing the mobile money in Kenya but the sheer numbers are also the reason the local agents are making less than their counterparts in the East Africa region.
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BNP Paribas, Orange Partnership Reaffirms Growing Significance Of Mobile Money In Africa
VENTURES AFRICA – UK-based telecom giant, Orange and the French banking group, BNP Paribas have teamed up to roll out mobile money services for Africans, joining the growing pool of mobile money providers and reaffirming the increasing prominence the innovative service is taking in the continent’s financial sector.
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Bank of Ghana backs down on microfinance freeze
The Bank of Ghana says it has abandoned its initial plans to suspend the issuance of new operating licences to microfinance companies.
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- microfinance
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KKR To Invest $200m In Ethiopian Flower Business
VENTURES AFRICA – New-York based global private equity company; KKR & Co. has expressed interest in buying a percentage of leading Ethiopian flower company, Afriflora which grows about 730 million flowers for export yearly.
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- South Asia
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- impact investing
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Why the Michael and Susan Dell Foundation is Investing in This Indian Lender
This spring, the Michael & Susan Dell Foundation invested $500,000 in IntelleGrow, an Indian company that provides customized debt finance to small and growing businesses in India to support small- and medium-enterprise (SME) startups.
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OPINION: Mobile Money Services – Not Mobile Wallets – Will Lead To Financial Inclusion in India
Mobile wallet services have been around for quite some time now and have gained considerable traction. However, the broader genre of mobile money services are yet to etch a mark.
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Over 70% of micro enterprises in Nigeria lack insurance protection, group raises alarm
A civil society organisation, Transparent Protection Limited (TPL), on Monday, in Abuja, raised the alarm that over 70 percent of micro enterprises in the country did not have any form of insurance.
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