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Mobile money-saving app Qapital raises $30 million to spend on growth
Qapital, one of a slew of mobile applications trying to make it easier for users to save money (and spend it more wisely), has raised $30 million in fresh financing as it expands beyond savings to offer investment advisory services.
- Categories
- Finance
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Student activist David Hogg calls for boycott of Vanguard and BlackRock over gunmaker ownership
One of Parkland, Fla.'s most prominent student activists on stopping gun violence has called for a boycott of Vanguard and BlackRock, two of the world's biggest investors in gunmakers.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Report: Central Bank Requirements Could Put at Least 289 Microfinance Companies Out of Business in Ghana
According to the Ghana Microfinance Institutions Network (GHAMFIN), just about 30 out of the 319 microfinance companies are in good standing.
- Region
- Sub-Saharan Africa
- Tags
- microfinance, regulations
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Financial inclusion is improving around the world—but women are still missing out
In developing countries, the gap in financial inclusion between men and women has stalled at nine percentage points.
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Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Finance
- Region
- North Africa & Near East
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Kenya: What Universities Can Do to Expand Social Entrepreneurship
Universities are at the forefront of any country's economic development efforts. They play an invaluable role in passing knowledge on to the next generation and creating new knowledge through research. Both these endeavours can set graduates up to contribute to their country's growth.
- Categories
- Education
- Region
- Sub-Saharan Africa
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World Bank issues first-ever poverty bond, gets $1.5 billion
The World Bank’s International Development Association (IDA) launched the world’s first poverty bond this week, a debt offering representatives say is designed to lift up the poor, and global investors literally couldn’t get enough.
- Categories
- Investing
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Viewpoint: No Blank Check for Development Banks
The kind of large-scale, sustainable infrastructure projects needed to forestall catastrophic climate change are rarely attractive investments for the private sector or even most governments. That means development banks have a crucial role to play, so long as they put the climate first.
- Categories
- Environment
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