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OPIC Announces $3.8 Billion in New Commitments in Fiscal Year 2017
The Overseas Private Investment Corporation (OPIC) today announced it committed $3.8 billion in financing and insurance across 111 new projects in fiscal year 2017 to support economic development in emerging markets.
- Categories
- Investing
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Low Level of Financial Inclusion Threatens the Indonesian Economy
The low level of financial inclusion in Indonesia is not good for the economy. The central bank of Indonesia (Bank Indonesia) said it could encourage further growth of the shadow economy. This could then jeopardize Indonesia's financial system stability. Being unrecorded, the shadow economy could trigger sudden shocks within the economy.
- Region
- Asia Pacific
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IFC, MasterCard study to boost financial inclusion
The study, part of Sh3.85 billion ($37.4 million) Partnership for Financial Inclusion initiative by the IFC and the MasterCard Foundation, focused on Cameroon, Democratic Republic of Congo, Senegal and Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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This Company Delivers Reproductive Health Products Directly To Women In The Developing World
In Rwanda, many women face obstacles to accessing necessary health and hygiene products, like pregnancy tests and birth control. For some, they’re just not available where they live. For others, lingering stigma and shame around sexuality make venturing out to buy them in public a daunting proposition.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The mobile phone gender gap: Why does it matter and what can we do?
Research shows that mobile technology has the potential to help women close gender gaps in outcomes like employment — phones can help job seekers connect to networks and learn about job opportunities.
- Categories
- Investing
- Region
- South Asia
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Report says CalPERS investments too focused on environmental and social activism
The American Council for Capital Formation (ACCF) said CalPERS board members have overemphasized what are called Environmental, Social and Governance (ESG) investments — and the sluggish returns on those investments are dragging down the pension fund’s bottom line.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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New Impact Investing Fund Will Support Nonprofits And Better Health Outcomes
AIM Healthy loans and lines of credit can, for example, help a recuperative-care nonprofit to add beds that provide a bridge between the hospital and permanent housing – combatting homelessness as well as hospital and jail readmissions, or a food-as-medicine nonprofit to partner with a health plan to lower costs and improve outcomes for patients with chronic diseases.
- Categories
- Health Care, Investing
- Region
- North America
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Press release: Moneyfellows wins MetLife Foundation Financial Innovation Competition powered by Verb, Secures $50,000 Grant
The competition was open to entrepreneurs, businesses and non-profit organizations and aimed to discover innovative solutions to promote financial capability and access to financial services. With more than 30 entries, Moneyfellows won the grand prize and collected a grant of $50,000.
- Categories
- Finance
- Region
- North Africa & Near East
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