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Ugandans are furious with a new tax for using social media and mobile money
Uganda’s government has kept its promise: Many Ugandans woke up today (July 1) to find that if they hadn’t paid the new tax on social-media use, services like WhatsApp, Twitter, Facebook and Skype were inaccessible.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Press release: Opportunity Fund Launches Largest Small Business Impact Fund
Opportunity Fund, a leading Community Development Financial Institution, creates the
largest Small Business Impact Fund in the country that lends directly to underserved
entrepreneurs, helping the California-based organization expand its offerings across the
country.- Categories
- Uncategorized
- Region
- North America
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Olympics 2024 to focus on social business: Muhammad Yunus
“Somehow the sports world showed interest in what we are doing. The opportunity of the Olympics is a great one to use emotions to change perceptions,” Yunus said.
- Region
- South Asia
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Press release: OPIC and U.S. Department of Energy Announce “Partnership to Power the Americas”
OPIC, the U.S. government’s development finance institution, announced a commitment to mobilize $1 billion in investment in Mexico’s energy sector over the next three years, to help strengthen energy reserves, with expansion throughout Latin America. In addition, the Department of Energy will identify regions and sectors throughout Latin America that present opportunities for U.S. energy companies and OPIC will assist those companies by providing financing and insurance when it is unavailable from the private sector.
- Categories
- Energy
- Region
- North America
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Survey: How to Move India’s Small Merchants toward Digital Financial Services
The Center for Inclusive Growth recently collaborated with IFMR LEAD, a prominent Indian research institute, to conduct a five-city survey of 547 micro business owners in India to understand their needs and the challenges they face in adopting digital transactions.
- Categories
- Finance
- Region
- South Asia
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Press release: Village Enterprise Promotes Campaign to End Poverty in Times Square
"Village Enterprise provides rural Africans living in extreme poverty with the tools and resources they need to start sustainable businesses and savings groups," said Village Enterprise CEO Dianne Calvi. "With the profits and savings from their businesses, entrepreneurs can send their children to school, feed their families more nutritious food, and break cycles of poverty that can span generations."
- Region
- Sub-Saharan Africa
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Global alliance launches guidelines for fintech investors
The Guidelines for Investing in Responsible Digital Financial Services have been launched by an international network of over 50 fintech investors and innovators, aiming to promote fintech funding by providing a framework for evaluating investment opportunities and risks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Google to sign Internet deals with Kenya telcos
Google, through its Project Loon, has embarked on a global campaign to increase internet connectivity among the millions of people living in rural areas without ground stations and fibre connections.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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