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Kenya Mobile Money Transactions Jump 21.8% Despite Tax Increase
A recent report by the Central Bank of Kenya (CBK) has revealed mobile payments in the East African country jumped 21.8 percent year-on-year to Sh1.2 trillion ($14.2 billion) at the end of August from Sh987.2 billion ($11.6 billion), despite a government hike in transaction charges.
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- Sub-Saharan Africa
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Can you make money and feel good about it?
Want to make money while helping the people around you? Impact investing may have the answer.
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Day 3 at the BoP Summit: The investment community’s 2 cents, the roadmap work begins
Wednesday was the final day of WDI’s “BoP Summit 2013: Creating an Action Agenda for the Next Decade,” but it also was the first step towards advancing business models and funding mechanisms for the base of the pyramid.
These first steps came at the end of the three-day conference as nine working groups began piecing together a roadmap to chart the future course of the base of the pyramid (BoP) domain.- Categories
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Social Stock Exchange – the rise of international competitors
The UK is no longer the only country with a social stock exchange, as Canada follows suit with its own version
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- impact investing
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11 verdicts on microfinance
Can smarter regulation restore faith in microfinance or does it need to be completely overhauled? Our live chat panelists offer their thoughts on development's controversial sector.
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Impact Investing, Soros-Style
The Soros Economic Development Fund is quasi-philanthropic and invests in high-risk projects in parts of the world most people couldn’t find on a map. But the Fund is self-sufficient and boasts a “blended” portfolio return of 8 percent a year. How do they do it?
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- impact investing
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Alibaba issues China’s first microloan securitization
Orient Securities and Alibaba have issued the nation’s first securitized product backed by microloans.
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- Asia Pacific
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- microfinance
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Day 2 at the BoP Summit: Urgent, but practical, action
On Day Two, attendees of the BoP Summit took a more functional role – brainstorming solutions to the challenges facing BoP ventures today and starting to map the future path of this vital field that aims to lift people out of poverty.
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