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Big winners, big losers: Kenya’s addiction to gambling
Gambling is a multi-million dollar business in Kenya, but there are more losers than winners - with an increasing number of young people chancing their luck
- Region
- Sub-Saharan Africa
- Tags
- financial health, youth
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Asian Infrastructure Investment Bank to Pump $200 Million into Indian Infrastructure Fund
“The $200-million investment is in two phases. AIIB will invest $100 million now and another $100 million in the future,” Garg said. Beijing-based AIIB has approved $4.4 billion of investments of which the largest — $1.2 billion — is in India.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Ant Financial taps blockchain technology to offer cheaper international money transfers
Ant Financial Services has taken a step towards dramatically lowering the cost of sending money overseas, in a move that will help the hundreds of thousands of Filipinos working in Hong Kong.
- Categories
- Finance
- Region
- Asia Pacific
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Press release: VisionFund Cambodia Sold To Woori Bank of Korea
In line with VisionFund International’s strategy, it will redeploy the funds to other microfinance institutions across its network that are at earlier stages of development, in markets less wellserved by microfinance providers and where VisionFund, as an early entrant offering microfinance services can impact more vulnerable families, living in rural communities with limited ability to access financial services.
- Region
- Asia Pacific
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How one engineer made it his business to help refugees become entrepreneurs
Usman Iftikhar turned his struggle to land a full-time engineering job into a startup accelerator that helps refugees and migrants realise their entrepreneurial ambitions – and received a Royal seal of approval for his efforts.
- Categories
- Uncategorized
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South Africa’s Social Security Agency Considering Mobile Payment Technology
Paying grants using mobile money tech could reduce costs and mean beneficiaries don’t have to travel to receive payments
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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China’s Great Leap Forward in Global Mobile Payments
Paradoxically, it was the country's reluctance to adopt conventional banking that led to almost universal adoption of mobile payments.
- Categories
- Finance
- Region
- Asia Pacific
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Zimbabwe Launches Region’s First Women’s Bank
The bank is the first of its kind in the Sadc region and it will offer loans to women, youths and other small scale businesses.
- Region
- Sub-Saharan Africa
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