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One Million Colombians Entered the Formal Financial System for the First Time in 2016
Of those who were added to that total last year, more than half were women and more than 70% were between the ages of 18 and 40.
- Categories
- Uncategorized
- Region
- Latin America
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UNCTAD adviser, Alibaba’s Jack Ma, launches African Young Entrepreneurs Fund
Mr. Ma said that he would also work with UNCTAD help bring 200 budding African businesspeople to his homeland China to learn from Alibaba hands on.
- Categories
- Uncategorized
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Metlife Foundation, Sisimpur unveil new initiative
Part of a global multimedia programme aimed at helping young children and their parents acquire healthy financial skills and behaviours, the initiative provides engaging content featuring Muppets from Sisimpur, the Bangladeshi version of Sesame Street, with effective strategies for spending, saving, sharing, and donating, said a statement.
- Categories
- Uncategorized
- Region
- South Asia
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Rural India Is Recovering From the Cash Ban
India’s micro-finance industry, which provides small loans to entrepreneurs and business owners who have little collateral, was slammed when the government withdrew high-denomination bank notes from circulation late last year in a bid to stamp out corruption.
- Categories
- Uncategorized
- Region
- South Asia
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Opinion: The ethical argument against philanthropy
By offering philanthropists nothing but gratitude, we allow a huge amount of power to go unchecked.
- Categories
- Uncategorized
- Tags
- nonprofits, philanthropy
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Visa’s payment service stirs competition in Kenya’s mobile money market
A global payments firm Visa has taken the competition for mobile money service a notch higher with the launch of mVisa that enables Kenyans use mobile phones to transact cash and make payments. The rollout of the service will enable Kenyans make free domestic mobile money transfers using mVisa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Red Bull Announces Final Participants for First-Ever U.S. Social Entrepreneur Program
Sexual violence, food deserts, education equality, public transportation, and gender equality are just some of the issues being addressed by the social innovators selected for the Red Bull Amaphiko Academy, a global program for social entrepreneurs - taking place in Baltimore, MD on August 11-20.
- Categories
- Uncategorized
- Region
- North America
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Global Remittances Conference has named Africa as the most expensive place to send money globally
“The absence or weakness of a digital payments infrastructure and acceptance network, a financially included population, and/or an identification system means that many of the traditional acceptance services, such as terminating into a bank account or mobile wallet, are not always available,” the report says.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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