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MFIs entering new phase of stability, higher profits, says Care Ratings
Care Ratings today said micro finance sector is entering a phase of stable regulatory environment, higher availability of credit and increased profitability. The agency believes that MFIs are slowly coming out of the damage inflicted by the Andhra Pradesh crisis of 2010.
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- microfinance
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Digital financial inclusion is vital to India’s poor citizens, says Gates
India is poised to lead the world in connecting the poor to bank accounts through mobile phones. This is an ambitious goal. According to the World Bank, only 35% of Indians use formal financial services right now. But India can get to 100%, and if it does hundreds of millions of Indians will be able to create better opportunities for themselves and their families.
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Mobile banking flourishing in Pakistan
The recent years have witnessed a revolutionary concept of social and economic services among them financial services landscape that are fast changing with introduction of innovative mobile payments (m-payment) systems.
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Weekly Roundup – 3/8/14: Why ‘women’s empowerment’ impacts much more than 51% of the population
This week we didn’t need a bloodhound to pick up on the trail of enterprises and nonprofits that advance the cause of women and girls, advancing the world economy in the process.
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Kenya’s Mobile Money Competition to Heat Up
Traditional mobile money transfer companies in Kenya could be headed for tight competition if other large volume traders are given licences to enter the field.
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- Sub-Saharan Africa
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Behavioral Change Tops Challenges for Mobile Money Use in West Africa
Cultural factors slow down the embrace of mobile money services.
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- Sub-Saharan Africa
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OPINION: Mobile and Money Remittance – A Perfect Match
Mobile makes money transfers faster and more convenient and it has the potential to reduce bottlenecks in branches.
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Risky Business – Is China Wavering in Africa?
Last month, officials from the Chinese Development Bank arrived in Ghana to re-negotiate a $3 billion oil-backed infrastructure deal.
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- Uncategorized
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- Sub-Saharan Africa
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