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Telangana Launches India’s First Social Innovation Hub in Nizamabad
Telangana IT Secretary Jayesh Ranjan made this announcement at the one-day Development Dialogue, an international social entrepreneurship ecosystem conference hosted by Kakatiya Sandbox.
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- South Asia
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This Social Entrepreneur is Transforming Rural Lives
Passionately carrying forward his father’s vision of rural development and ‘bottom-up approach’ as the key to the country’s development, this social entrepreneur Arun Nagpal, Co-founder, Mrida is creating transformational impact on the lives of the rural people with his small interventions.
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- South Asia
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Nigeria: Apathy Grows As 86.6 Million Nigerians Are Without Insurance
Long before Nigeria was finally plunged into recession last year, it has been pretty challenging to get Nigerians to appreciate the benefits inherent in insurance products, with the sector contributing a meager 0.6 per cent to the nation's Gross Domestic Product (GDP).
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- Sub-Saharan Africa
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Wall Street Journal Launches the Financial Inclusion Challenge 2017
For the third year, The Wall Street Journal invites nonprofit and for-profit enterprises to enter “The Financial Inclusion Challenge” competition and to showcase their solutions to the problems of financial access for the poor in the Asia-Pacific region.
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- South Asia
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Financial services firm IFMR Holdings expanding to target bottom 600 million people in India
Financial inclusion services provider IFMR Holdings, which will complete a decade this year, will embark on a major expansion drive.
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- South Asia
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Airtel plans Africa stakes sales in bid to reduce debt, stay afloat
The Indian parent company of struggling mobile operator Airtel Kenya is set to sell stakes or merge some of its African units in a bid to stay afloat and reduce its debt burden.
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- Sub-Saharan Africa
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- fintech
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A New Breed of Startups is Offering Microloans in India
When Deepthi K, a software engineer, came to know of a wedding in her in-law's family 15 days ahead of her salary day, she was in a fix. Neither did she have the money needed for the wedding nor the time to apply for a bank loanand go through a long paperwork process. Pressed for time, she approached a city-based start-up instead and got the entire amount of Rs 3 lakh within two days.
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- South Asia
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- microfinance
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India’s Government Thinks a Universal Basic Income Could Eradicate Poverty
India is considering a radical idea for tackling poverty: rolling out a Universal Basic Income (UBI), according to a report by the country's Ministry of Finance.
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- South Asia