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Demand from investors drives shift towards sustainable business in Asia
Firms are upping their environmental, social and governance game as asset managers offer their clients more sustainable investment funds in the region.
- Region
- Asia Pacific
-
GIC-Backed Bandhan Bank’s Indian IPO to Raise Up to $689 Million
Bandhan Bank Ltd., the first Indian microfinance lender to get a banking permit, has set the price range for its initial public offering, which could raise as much as 44.73 billion rupees ($689 million).
- Region
- South Asia
- Tags
- microfinance
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Bill & Melinda Gates Foundation announces $170 mln investment to boost women’s economic empowerment
The investments, focussed in India, Kenya, Tanzania and Uganda, are aimed at advancing gender equality, spreading digital financial inclusion, increasing job opportunities, and supporting the agricultural sector
- Categories
- Investing
-
Equitel launches mobile-based insurance in Kenya
Equitel subscribers will now have access to a mobile-based insurance product, called Riziki Cover. According to the company, the solution aims to ease the financial burden associated with lost daily income from one’s employment or personal business in case they are admitted to hospital.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- insurance, mobile finance
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How immigrants are driving digital transformation of U.S. remittances
There are about 43.7 million immigrants in the United States, and remittances sent from here by foreign-born immigrants rose to $66 billion from $50 billion over the past five years, according to the World Bank.
- Categories
- Finance
- Region
- North America
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Press release: OPIC unveils 2x Women’s Initiative to mobilize more than $1bil to invest in the world’s women
The Overseas Private Investment Corporation (OPIC) today unveiled its global 2X Women’s Initiative, which will mobilize more than $1 billion to projects that support women in developing countries, unlocking the multi-trillion dollar investment opportunity women represent. The announcement was made at the 8th Annual International Women’s Day Forum, hosted by the U.S. Chamber of Commerce.
- Categories
- Investing
-
India’s Little Shops Are a Massive Banking Network in the Making
Indians who still rely on cash are a ready-made financial-services market and a lucrative sideline for the corner store.
- Region
- South Asia
-
Kenya is finally softening its stance on blockchain technology
Kenya has for years regarded blockchain technology and digital currencies with suspicion, comparing bitcoin to a “pyramid scheme,” and emphasizing that it had no legal footing.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, cryptocurrency
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