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Crowdfunding the solution for SMEs in South Africa?
In 2015, the South African Institute of Chartered Accountants (Saica) published the Small and Medium Enterprises (SMEs) Insights Report. The report provided meaningful insight into the depressed economic environment stifling SME growth and explored ways to improve opportunities for SMEs in South Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Impact Assessment Reveals Visa’s Public-Private Partnership Boosts Financial Inclusion in Rwanda
The assessment concluded that this public-private partnership demonstrated a new model for doing business in emerging markets, which laid the groundwork for enhanced financial inclusion in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Will Move to Cap Microfinance Interest Rates Backfire in Cambodia?
Some analysts say the move is unlikely to help reduce poverty, and could throw the country’s microfinance system into disarray.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance, regulations
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More banks given go-ahead to roll out mobile cash in Kenya
The number of commercial banks approved by the Central Bank of Kenya to operate interbank mobile money transfer platform, PesaLink, has doubled to 24 from 12. The product was unveiled on February 16.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Cambodia caps interest on microfinance loans
The National Bank of Cambodia (NBC) has capped interest on microfinance loans to a maximum of 18 percent per year, an unprecedented move that came on the direct orders of Prime Minister Hun Sen, Defence Minister Tea Banh said yesterday – a decision some experts suggested had political overtones and could have unintended negative consequences for the poor.
- Categories
- Uncategorized
- Region
- South Asia
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NMAMIT, NIT-K chosen as India’s first startup district
Technology, under Nitte University and NIT-K, Surathkal have been chosen as India's first startup district with incubators by Ministry of Commerce and Industry.
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- Uncategorized
- Region
- South Asia
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Study: Is India’s flagship financial inclusion initiative bearing fruit on the ground?
There is a big debate about the role of financial markets and products in shaping consumer welfare and real economic activity. In developed economies, there is an increasing discussion that financial sector may have become inefficiently large and products offered to households may have become excessively complex. In contrast, in many developing countries, like India, there has been a significant push to increase the usage of financial products – to “complete” the market. While there is some empirical literature on the former, evidence on the latter is scant.
- Categories
- Uncategorized
- Region
- South Asia
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Small finance bank licensee Disha’s parent raises Rs500 crore
Fincare Business Services Ltd (Fincare), a financial inclusion platform, on Tuesday announced that it has closed a Rs500 crore transaction with investments from private equity investors TA Associates, True North, Tata Opportunities Fund and LeapFrog Investments.
- Categories
- Uncategorized
- Region
- South Asia
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