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Press release: Circulate Capital Launches New Venture to Invest in Solutions to Ocean Plastic
The new Company evolved out of the “Closed Loop Ocean” project, following commitments made by Closed Loop Partners, Ocean Conservancy, and a number of corporate partners at the Our Ocean Summit in Malta in October 2017 to create financing vehicles focused on preventing plastic from flowing into the ocean.
- Source
- Press release
- Categories
- Environment
-
India’s Banking Revolution Has Left Its Villagers Behind
Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.
- Region
- South Asia
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Two Kenyan banks lose $0.86 million to hackers in a month
Kenyan banks are believed to have lost at least $860,000 to hackers in the past one month, which has seen two lenders temporarily terminate their mobile and online banking services.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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At the Vatican, a different type of investing conference
There were several more nuns and priests in attendance than at a typical impact investing conference, but the third Vatican Impact Investing Conference, held last week, explored both where the field is headed globally and what role the Roman Catholic Church might have moving forward.
- Categories
- Investing
- Region
- Europe & Eurasia
-
Uganda drops some mobile money taxes
Uganda's Cabinet, despite having been previously divided on the charges, on Monday agreed to remove some of the fees and revised the 1 per cent tax on withdrawals to 0.5 per cent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MyBucks Piloting Fintech in New Markets with Novel AI Credit Scoring
While MyBucks is currently listed on the Frankfurt Exchange, operating across Africa and Asia Pacific while at the same time actively promoting its portfolio at forums such as the European Microfinance Awards (2017 Financial Inclusion Award Winner) and at the American Banker Digital Banking Summit, it’s clear that their growth so too reflects the industry.
- Categories
- Finance
- Region
- Europe & Eurasia
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Who is delaying mobile money operations across networks in Rwanda?
At the moment, MTN Mobile Money and Airtel Money users cannot send or receive money across networks, a situation that has caused inconveniences for many people.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Achieving Nigeria’s financial inclusion
Despite the country’s economic growth, in February this year, it was reported by the AfDB that over 150 million Nigerians (81% of the population) live on less than $2 a day – a 20% increase in people since 2014.
- Region
- Sub-Saharan Africa
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