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Report: 52 Million People in Latin America Protected by Microinsurance
More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million in Gross Written Premiums.
- Categories
- Uncategorized
- Region
- Latin America
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UN Considering Reforms to Deliver the SDGs
As Member States and civil society begin the process of evaluating the implications of the Secretary-General’s report, this policy brief seeks to enhance the level of understanding and engagement in the debate through a review of the assessment of the UN development system undertaken by external experts and the Secretary-General’s related reform proposals.
- Categories
- Uncategorized
- Tags
- global development, SDGs
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Centrum Capital to acquire FirstRand Bank’s microfinance business in India
As part of starting up, Centrum Capital has executed a definitive agreement to acquire the Indian microfinance business of South Africa-based FirstRand Bank, which currently has around 70,000 customers in the Maharashtra region and employs over 300 people. This is the second lending business the firm has recently entered, following its entry into affordable housing finance at the end of last year.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Muhammad Yunus: No reason for Grameen Bank operations in India
"In the mean time I suggested (them) to give limited banking license to successful MFIs (microfinance institutions) so that they can take deposits to become financially self- reliant, and expand their operation at a faster speed," he says.
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- Uncategorized
- Region
- South Asia
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Nigeria’s Bank of Industry partners Gates Foundation, CGAP on financial inclusion
The Bank of Industry (BoI), Bill and Melinda Gates Foundation and Consultative Group to Assist the Poor (CGAP) have gone into partnership to deepen financial inclusion and poverty eradication in Nigeria.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Tanzania: Government Unveils 10-Year National Microfinance Plan
The Vice-President noted the implementation of the National Microfinance Policy would enable the low income population which was excluded from financial services to begin benefiting from the services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Somalia’s ‘touch and feel’ e-commerce hit
When Saed Mohamed, a young entrepreneur from Somalia, pitched his online shopping business Muraadso as part of an East African start-up competition in 2015, he was prepared for rejection. And rejection is what he got.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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Snapcart raises $10M to shed light on consumer spending in emerging markets
A 2-year-old startup tucked away in Southeast Asia, Snapcart is taking on $15 billion powerhouse Nielsen by shining a light on the black box that is consumer spending.
- Categories
- Uncategorized
- Region
- South Asia
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