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Airtel Money and Ecobank in mobile money partnership
Bharti Airtel has announced a partnership with Ecobank to deliver Airtel Money to nine countries across Africa with Airtel operations. The partnership will make it possible for Airtel customers in the countries with businesses with Ecobank to access secure, convenient and instant mobile financial services on the go.
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The Sharks of Microfinance and the Future of Impact Investing
Both impact investing and microfinance are market-based solutions designed to address economic gaps within society. However, the notion of profiting from the poor is still a contentious debate at the cornerstone of these modern financial innovations, and impact investing is no exception with its primary target being emerging markets.
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Future of NGOs lies in ‘holy grail’ of partnerships — Mercy Corps CEO
Like other industries before, the aid community is finally having its “disrupting moment” and the future of nongovernmental organizations lies in the “holy grail” of partnerships - according to Mercy Corps CEO Neal Keny-Guyer, who sees NGOs linking up more in more with social entrepreneurs that promote innovation through their energy and fresh ideas.
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FEATURED EVENT The BoP Summit 2013: Creating an action agenda for the next decade
The “BoP Summit 2013: Creating an Action Agenda for the Next Decade” (www.bop2013.org), is set for October 21-23 at the University of Michigan in Ann Arbor. The three-day BoP Summit 2013 is specifically designed to help build better BoP enterprises of today and a more robust BoP community of tomorrow.
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Indian micro-lenders look beyond Andhra Pradesh for survival
Micro-lenders claim that new rules have turned their businesses unviable and encouraged borrowers to not repay money.
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- South Asia
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Telcos’ exclusion slows uptake in Nigerian mobile money business
Analysts have identified the exclusion of telecommunications operators from playing critical roles in the implementation of mobile money as a significant drawback to the uptake of the service two years after its launch by the Central Bank of Nigeria (CBN).
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- Sub-Saharan Africa
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Winners and Losers on the Road to Financial Inclusion: FI2020 Roadmaps help navigate the ongoing transformation in financial services
There is a transformation going on in financial services, fueled by rising incomes and IT breakthroughs. Now is a time of experimentation with new products, providers and delivery systems that reach previously excluded clients. Elisabeth Rhyne, Managing Director at the Center for Financial Inclusion discusses the FI2020 Roadmaps, with recommendations on navigating this new environment.
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Branchless Banking: Mobile accounts still a fraction of total transactions in Pakistan
The latest quarter-on-quarter increase of 16% in the number of branchless banking transactions for January-March, the most recent three-month data the State Bank of Pakistan (SBP) has released, is by no means a small feat.However, while the SBP believes growth expectation in coming quarters is “fairly high,” dominant players in branchless banking say it is time the industry progressed from the over-the-counter (OTC) business model to mobile accounts.
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