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Solar Investment Powers Ahead And Africa Opens Up
Activity in emerging markets continues to grow. China once again accounted for more than 40% of the world’s total investment in renewable energy , and large scale projects reached financial close in Morocco, Vietnam, Indonesia and Mexico.
- Categories
- Energy
- Tags
- renewable energy
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Press release: Government of India and the World Bank Sign a New Project to Benefit Over 25 Million Small and Marginal Farmers in Maharashtra
The project is expected to benefit over 7 million people spread over an area of 3.0 million ha and cover 5,142 villages across 15 most climate vulnerable districts of the region.
- Categories
- Agriculture, Environment
- Region
- South Asia
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GSMA unveils mobile money mark of excellence
Mobile money services will be independently tested against several criteria to determine if they deliver secure, reliable financial services. This includes elements around protecting consumer rights, while also combating money laundering and preventing the financing of terrorism.
- Categories
- Finance
- Tags
- fintech, mobile finance, regulations
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A ‘miracle’ in India will disrupt e-wallets and incumbents
As countries around the globe endure fragmented payment markets, where citizens and businesses suffer from cash dependency, poor accessibility, high transaction costs and low interoperability between different payment systems, India’s Unified Payment Interface presents a miracle model that other developing economies can emulate, as they look to move away from cash-centricity and overhaul their own payments infrastructure in pursuit of speed, security, auditability and financial inclusion.
- Categories
- Finance
- Region
- South Asia
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World’s 1st Renewable Mini-Grid Industry Association Established in Africa to Help Drive Economic Development
Today, the Africa Mini-grid Developers Association (AMDA) announced its official establishment. The trade association — currently numbering 11 member companies including innovative start-ups and established utilities — aims to combine private sector innovation, efficiency, and customer service with public sector support to help end energy poverty across Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Three leading development finance institutions sign loan agreement to support capital markets and high impact sectors in Africa
Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members today signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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NRD Foundation Supports Jibu with First Philanthropic Pledge
The foundation was inspired by Aziz Hashim, the successful multi-unit franchisee that created a franchise-focused private equity firm NRD Capital, to support social entrepreneurs and job growth around the world. The first focus for the foundation is Africa, where NRD Capital already has investments.
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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Concern Worldwide, Trickle Up and MetLife Foundation to support ultra poor women in Bangladesh
The program aims to support 600 families through an adapted graduation approach and increase access and usage of financial services for 12,400 women.
- Region
- South Asia
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