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Viewpoint: Venezuela’s likely default could teach you a lesson: Don’t invest in dictatorships
If the default occurs, they’ll only be getting what they deserve. And as an added bonus, the spectacle of a Venezuelan default — the first by a major country since Argentina’s in 2001 — would help convince investors across the world that it’s not good business to invest in state-run companies of repressive regimes.
- Categories
- Investing
- Region
- Latin America
- Tags
- ESG, impact investing, public policy
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Kenya’s political opposition is asking supporters to stop using M-Pesa mobile money
Just as he urged his supporters to quit the vote, Odinga now called on them to cancel their subscriptions with the country’s biggest mobile operator and to not purchase dairy products from Brookside and cooking oils from Bidco.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Zambia Launches Its First National Financial Inclusion Strategy
The strategy, policy and the survey report are a product of extensive stakeholder consultations with members of the public sector, private sector, civil society organizations, and academia led by the Government's National Financial Inclusion Drafting Committee. The strategy will guide Zambia in its plan to achieve the universal access and use of a broad range of affordable financial products and services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Report: 52 Million People in Latin America Protected by Microinsurance
More than 8.2% of the population in Latin America and the Caribbean had at least one microinsurance policy as of December 2016, with 52.1 million people insured corresponding to USD 420 million in Gross Written Premiums.
- Categories
- Uncategorized
- Region
- Latin America
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Demonetisation Anniversary: 40% of Indian Mobile Wallet Users Shift Back to Cash
A study on the usage pattern of mobile wallets conducted by Chrome Data Analytics & Media, found that around 40% out of the 65% active users for mobile wallets have shifted to cash transaction with an increase in the availability of cash in hand.
- Region
- South Asia
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India still scarred a year after Modi’s demonetization move
It is almost a year since India’s prime minister, Narendra Modi, announced a shock move to ban most of the cash in circulation.
There remains a significant level of skepticism from some quarters about how successful demonetization has been.- Region
- South Asia
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Safaricom sets up online sales portal as net profit hits $252 million
Telecommunications firm Safaricom has established an online sales platform in a move expected to roil Kenya’s fast-growing e-commerce market.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Impact investing needs a common language
The field of sustainable and impact investing has shown tremendous growth over the last few years. But there are still too many asset owners sitting on the sidelines, interested in making an impact but not yet investing for it.
- Categories
- Investing
- Tags
- impact investing
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