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Zimbabwe: $90m Package for SMEs Unveiled
Of the $90 million facility, $10 million will go to horticulture, $15 million to cross border traders, $40 million for the gold facility, $15 million for women empowerment, while $10 million has been earmarked for business linkages.
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- Sub-Saharan Africa
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Press Release: Global Accelerator Learning Initiative Releases Second Major Report
Accelerating Startups in Emerging Markets: Insights from 43 Programs examines data from over 2,400 early- stage ventures that applied to 43 acceleration programs run by twelve different organizations in nine countries. The report, developed in partnership with Deloitte Canada, compares the performance of accelerators in emerging markets with those operating in high-income countries (categories as defined by the World Bank).
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- research
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Kenya, Rwanda and Tanzania Join World Economic Forum in Promoting Financial Inclusion in East Africa
This effort aims to develop collaboration between policy-makers, private-sector providers of financial services and their clients, and other relevant actors. East Africa has already made significant strides towards financial inclusion, leveraging digital and other means to raise the number of adults that have an account to 34 percent in 2014, up from 24 percent in 2011.
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- Sub-Saharan Africa
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‘Like Using a Wall to Stop a Runaway Bus’: Cambodian Microcredit is Overheated, But Rate Caps Aren’t the Answer
Daniel Rozas says a proposed interest rate cap of 18 percent on most new microloans in Cambodia will, if enforced, hurt the very people it ostensibly seeks to protect. Taking issue with a recent post by Milford Bateman, Rozas argues the cap would create a clear preference for certain types of lending and could heighten problems created by Cambodia's saturated microcredit market.
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Aman Foundation’s chairperson wins Social Entrepreneur of the Year award
Upon winning the award, Fayeeza said, “Aman is dedicated to promoting the centrality of family, and dignity of life for all. The ‘Sukh’ program was created with this mission in mind, and seeks to foster gender equality, by giving women the power of choice.”
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- South Asia
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Global Accelerator Learning Initiative Releases Second Major Report
The Global Accelerator Learning Initiative (GALI)--a partnership between the Aspen Network of Development Entrepreneurs (ANDE) and Social Enterprise @ Goizueta at Emory University--released its second major report revealing that emerging market entrepreneurs and accelerator programs are more similar to those run in high-income countries than previously believed. Across a range of countries, entrepreneurs that go through accelerator programs report more capital raised, more revenues, and more full-time employees.
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- Press Release
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Climbing India’s Technology Stack: As the Fintech Revolution Extends to Health Care, Will Emerging Markets Be Ready?
The use of technology stacks has been a profoundly important breakthrough for social and financial inclusion in India, and it also opens up many opportunities to transform health care for the poorest residents there. But as these tech-based solutions proliferate in other low and middle-income countries, writes David Butz, the health care industry must be prepared for the massive disruptions they're likely to bring.
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Savings groups boost financial inclusion and women’s empowerment among rural poor, three-country study finds
“What we’re seeing is that that the poor can and do save for themselves when given the right opportunity, and this has positive effects elsewhere in their lives,” says Dean Karlan, professor of economics at Yale and co-author of the study. “We see savings and business income increase, but importantly there is also a boost in women’s empowerment. As women get more access to these groups, their say in household decisions also increases.”
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- Uncategorized
- Region
- Sub-Saharan Africa
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