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World Telecom Day: How data holds the key to sustainable development goals
The world is experiencing a data deluge with millions of devices and things talking to each other. According to one estimate, 90% of this data was created in the last few years only. As Eric Schmidt famously said, “There were 5 Exabyte of information created between the dawn of civilization through 2003, but that much information is now created every 2 years”.
- Categories
- Technology
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Branchless Banking Customers in Indonesia Vulnerable to Overcharges, Data Breaches, says MicroSave Survey
Agents are typically the main conduit of information for branchless banking customers regarding transaction fees. According to the survey, 74 percent of digital financial services users in urban areas and 88 percent of users in rural areas rely solely on their agents – who typically print their own pamphlets that advertise false transaction fees – for relevant information, Mohammad said.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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Kenya operators drop cross-network money surcharges
Cross-network transactions are currently possible in the country, but are complex to execute and carry additional charges.
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- Technology
- Region
- Sub-Saharan Africa
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Safaricom is planning to expand M-Pesa mobile money across Africa
Vodacom says the proposed deal gives it access to a market with “high growth, high margin, high cash generation business.” Shameel Joosub, the Vodacom Group’s chief executive, said the stake will drive M-Pesa adoption across its business.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IDB-UNDP report identifies steps to leverage Islamic finance for impact investing
Given that impact investment is growing rapidly and has become an important source of funding the SDGs, a blending with Islamic finance provides a formable partnership that could play a significant role in achieving the SDGs.
- Categories
- Impact Assessment, Investing
- Region
- North Africa & Near East
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Billionaire Michael Dell Announces $1 Billion Commitment To Support Social Entrepreneurs, Nonprofits
The funding will go toward the financial support of causes like social entrepreneurship in India, college success for low-income students in the U.S. and South Africa, and data-driven education across the regions, Dell's wife Susan, who joined him during the talk, said.
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- Education
- Region
- North America
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More and more, women are combining profit with purpose to create a better world
"Society has a gendered perspective of how we're going to change the world," Oberti Noguera said. "When a woman says she's going to change the world, society thinks she's going to start a nonprofit. When a man says he's going to change the world, society thinks he's going to start a business."
- Categories
- Investing
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How Big-Donor Philanthropists Can Get Results
According to The Bridgespan Group, a Boston-based consultancy for philanthropists, only 20% of philanthropic commitments of $10 million or higher go to organizations or initiatives making a social change—such as improving public health, the justice system, the environment, or international development.
- Categories
- Investing