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How Ikea helped to change attitudes on helping refugees
Refugee populations have long been reliant on charitable aid agencies, but could business investment make a more meaningful difference?
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For India’s mobile wallet players, it’s survival of the fittest, not the fastest
"We have doubled in last seven months," says Upasana Taku, cofounder of the Gurgaon-based firm, which claims to have 55 million users and over 1.5 million merchants. We have a field force of thousand people, each acquiring 10 merchants every day, claims Taku.
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- Uncategorized
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- South Asia
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- digital payments, fintech
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Africa’s Future Lies in Entrepreneurship, Industrialization
The 2017 African Economic Outlook report, released during the African Development Bank (AfDB) annual meetings, in Ahmadabad, India, predicts an uptick of growth in 2017, after a tough 2016 and Africans should push for accelerated development by harnessing local resources to boost entrepreneurship and drive its industrialization.
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- Sub-Saharan Africa
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How Billionaires Can Make More Impact With Their Donations
Philanthropy’s deepest-pocketed donors often short-change the causes they claim to care about the most. That’s because while the majority of the world’s wealthiest givers have expressed interest in solving complex social issues like poverty, educational inequity, environmental degradation, and human rights abuses, only 20% follow through with funding of $10 million or more to actually try to create some fundamental change.
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Safaricom sees lingering break-up threat
Safaricom is still facing the threat of being broken up as the Kenyan regulator weighs up a report on dominance in the country’s telecommunications industry, CEO Bob Collymore said. East Africa’s biggest company by market value may resort to court action to prevent it from being split, Collymore, 59, said in an interview Wednesday in the capital, Nairobi
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- Sub-Saharan Africa
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Branchless Banking Customers in Indonesia Vulnerable to Overcharges, Data Breaches, says MicroSave Survey
Agents are typically the main conduit of information for branchless banking customers regarding transaction fees. According to the survey, 74 percent of digital financial services users in urban areas and 88 percent of users in rural areas rely solely on their agents – who typically print their own pamphlets that advertise false transaction fees – for relevant information, Mohammad said.
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- Uncategorized
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- Asia Pacific
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- fintech, mobile finance
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Press Release: MicroVest Capital Management Passes $1 Billion Disbursement Mark
“We are very excited to have crossed the $1 billion threshold, something we feel clearly exemplifies the successful and sustainable character of our business. I would like to thank all our investors, partners, dedicated employees and Board Members that supported us throughout this journey, without whom it would have not been possible.” says Gil Crawford, CEO of MicroVest Capital Management, LLC.
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Two Billion Emerging Consumers are Only a Handset Away From Financial Inclusion
With mobile technology rallying across the emerging markets, the tools to turn the tide on financial inclusion are finally within reach. However, low-income consumers won't truly adopt the digital movement until they believe they can benefit from it. Michael Fernandes of LeapFrog Investments says educating 2 billion emerging consumers may sound like a daunting task, but it can be done.
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