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Mobile transactions in Kenya hit USD $19.6 billion in 2013
Kenyans transacted KSh1.7 trillion (US$19.6 billion) through their mobile phones in the first 11 months of 2013, underscoring the increasing significance of handsets in the financial services sector.
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From Corner Store to Microfinance
With a master's degree in social work and a Ph.D. in marriage and family therapy, Antoinette Temporiti spent 30 years counseling individuals and families. She specialized in working with young adult victims of sexual abuse and loved her career. But a trip to Africa in 2004, when she was 54 years old, set her on a new path.
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Growth Of Payroll Cards Brings Financial Inclusion For Unbanked Americans
According to a recent Federal Deposit Insurance Corporation (FDIC) survey, more than 68 million Americans live day to day in a cash-only economy. They pay their bills and buy groceries with cash and what money they save is stuffed under the proverbial mattress.
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Beyond M-Pesa, Kenya’s market slow to scale mobile solutions
Kenya has emerged as the tech superstar of Africa, spurred by its mobile adoption, entrepreneurial spirit and forward-thinking regulations.
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Arab Gulf Program for Development calls for more microfinance institutions
The Arab Gulf Program for Development (AGFUND) called on Arab countries to set up more micro-financing institutions to help unemployed youth and poor people make a sustainable living.
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- mobile finance
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Crowdfunding paves into India, Exhilway set to raise and invest $1bn
Exhilway Global, the emerging markets private equity fund is set to launch one of the largest crowdfunding platform called "Exhilway Link" which will cover all major types of crowdfunding, classified into debt, equity and royalty. The platform will initially operate in India, US and UK.
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- crowdfunding
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China: State monopolies give way to social enterprise
As the state loosens its grip on public services in China, Beijing is sending strong signals that social innovation and investment will be driving forces of a refreshed public services system. Adam Pillsbury from the British Council explains the new dynamics of social enterprise in China.
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Latin America catches entrepreneurship fever
Latin Americans just don't invent much. The region is home to 8% of the global population and yet, in 2010, just 2.6% of the world's applications for patent registration were filed from here.
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- Latin America
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