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Nigeria’s Banks Lose Customers Despite Central Bank’s Campaign For Financial Inclusion
The statistics obtained by the News Agency of Nigeria (NAN) from the NIBSS website on Sunday, showed that the total number of bank customers dropped from 61 million in 2016 to 59 million in 2017.
- Region
- Sub-Saharan Africa
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Press release: Global Alliance for Clean Cookstoves Names Dymphna van der Lans as Chief Executive Officer
Dymphna brings more than 25 years of experience managing and leading global development, energy, and climate initiatives in the nonprofit and private sectors. In her most recent role, she led international corporate engagement with the World Wildlife Fund’s Climate & Energy team. Previously, she worked with the Clinton Foundation as CEO of the Clinton Climate Initiative and has also served as the senior director for public policy programs at the German Marshall Fund of the United States.
- Categories
- Environment
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Press release: Impact Terra secures nearly USD 3.0 million to digitize smallholder farming
Impact Terra, the Myanmar based agriculture and fintech social enterprise, today announced that it has secured nearly USD 3.0 million in funding to lead the digitization of smallholder farming. Its support includes a grant from the Geodata for Agriculture and Water (‘G4AW’) facility and a grant from venture philanthropy organization Leap201.
- Source
- Press release
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
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MIT, Mastercard Foundation Launch Prize for Financial Inclusion in Africa
The Legatum Centre for Development and Entrepreneurship at the Massachusetts Institute of Technology, in association with the Mastercard Foundation, Wednesday announced the launch of the 2018 edition of the pan-African Zambezi Prize for Innovation in Financial Inclusion.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The global leader in pay-as-you-go solar power is downsizing to stay profitable
M-Kopa, the Kenyan pay-per-use solar power provider, is downsizing in a bid to improve its competitiveness, ensure long-term sustainability, and increase return for investors.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghana And African Development Fund Sign $39 Million Loan Agreement
Ghana and the African Development Fund (ADF) on Thursday signed a US$39.01 million loan agreement to support government’s Flagship Programme in Agriculture: Planting for Food and Jobs (PFJ).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Viewpoint: Foundation Impact Investing Is Gaining Steam. But Can Proponents Answer These Four Questions?
This week, it’s the Nathan Cummings Foundation making a move. And it’s going all in, pledging to “align 100 percent of our nearly half-billion dollar endowment with our mission.” NCF is the largest foundation to take this step, and it follows most directly in the footsteps of the F.B. Heron Foundation, which made the shift to 100 percent alignment under the leadership of Clara Miller. In contrast, the other major foundations engaged in impact investing—an increasingly long list—have mostly committed only small portions of their endowments to this approach.
- Categories
- Investing
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IDFC Foundation partners Vasudhara Dairy to bring Financial Inclusion to over 1000 villages
IDFC Foundation, the Corporate Social Responsibility (CSR) arm of IDFC Group, has partnered Vasudhara Dairy, to bring financial inclusion to over 1000 unbanked villages in the tribal districts of Gujarat and Maharashtra, using Financial Inclusion Devices or interoperable microATMs.
This initiative will enable thousands of farmers to now access financial services in their villages. Farmers in these unbanked locations are compelled to travel 5-10 kilometers to reach a traditional ATM or bank branch.- Categories
- Finance
- Region
- South Asia
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