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M-Pesa Rival Bitpesa Unveils Pilot of Bitcoin Remittance Service in Kenya
Kenya's BitPesa has launched a pilot or beta version of its solution which allows diaspora Kenyans to send money back home with ease and at affordable rates.
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How Equity plans to take on Safaricom in mobile payments
Kenya: This Monday, Equity Bank will reveal its entry strategy into the telecoms industry. Analysts say this could be a turning in Kenya’s telecoms market. “ Equity Bank will on Monday, May 26, 2014 hold an investors’ and media briefing to unveil its MVNO strategy, report on progress of preparedness and rollout plan,” read an invite.
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Mobile offers brighter future for Africa’s rural homes
John Kibet's home in rural Kenya is not linked to the country's electricity grid.
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OPINION: Impact investing here to stay
Financial advisers need to resist the urge to roll their eyes when the issue of impact investing comes up in conversation
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- impact investing
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NexThought Monday – Liquidity Farming: How the poor cultivate relationships to create sources of future cash
Poor people have a variety of ways to make money materialize, from agriculture and trading to investing in livestock or land. But a large portion of their industry is directed at farming liquidity, says Ignacio Mas. As Mas and John Gitau describe it, this involves cultivating a variety of techniques for converting their intricate social networks into potential sources of cash.
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Terminology Torture: What the Heck Qualifies as a Social Enterprise?
NPQ has written quite a bit lately about the notion of social enterprise, and much of it reflects a combination of excitement about alternate economic arrangements and concern about a sort of vagueness in definitions and accountability schemes and an overselling or fetishization of some boutique forms.
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Scoring for Access: Emerging evidence on the impact of credit scoring on SME lending
In developing countries, small and medium enterprises (SMEs) are an important source of innovation and employment. But in 2010, available credit for these SMEs fell about one trillion dollars short of demand. Credit scoring can help financial institutions meet this demand, and Innovations for Poverty Action has studied several credit scoring innovations that can promote SME growth.
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OPINON: South Africa’s mobile money success requires telco, bank collaboration
South African cellular companies must collaborate with banking institutions to ensure an increase in the uptake of mobile money services in the country, an Ericsson official has said.
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