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Viewpoint: The thing about impact investments
The thing about impact investments is the best of them look like regular investments.
- Categories
- Investing
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Press release: DOCOMO Digital Partners with Safaricom to Launch the First App Store Integration with the World’s Most Popular Mobile Money Service
The integration, which is powered by DOCOMO Digital’s mobile commerce enabling platform using Google Play’s payment API, allows M-PESA customers to use the mobile money service to pay for goods and services from the app store.
- Categories
- Finance
- Tags
- digital payments, fintech
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Zimbabwe is pushing for mobile money interoperability as its cash problems linger
The idea of interoperability in simple terms is to enable a mobile money customer on one network’s proprietary system to send or receive money from another customer on a different network. Regulators typically want this to help boost competition, drive financial inclusion and encourage consumer usage. Network operators are less keen due to the short to medium costs as well as the fact it it reduces the need for customers to own multiple phone services to move money around.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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From refugee to royalty: Sierra Leone designer champions ethical fashion
The Commonwealth Fashion Exchange, spearheaded by Livia Firth who co-founded sustainability brand consultancy Eco-Age, connects designers and artisans from Britain and many of its former colonies to showcase and champion sustainable fashion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Startup venture funding jumped more than 50% in Africa last year to a record high
Across sectors, financial inclusion accounted for 45% of total investment—more than any other sector—with $253 million raised. Partech’s report categorizes off-grid tech, fintech and insurance tech startups under financial inclusion.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Viewpoint: The missing third party: Corporations and the new social contract
Today, annual revenue of the five largest global corporations exceed $250 billion, topping the GDP of 75 percent of the world's nations. In the United States, all Fortune 500 companies combined represent two-thirds of the U.S. GDP of $12 trillion in revenues and employ 28.2 million worldwide. Apple's market capitalization recently reached a record $900 billion while four other U.S. firms — Alphabet, Microsoft, Amazon and Facebook — exceed $500 billion. Over half of world's largest economic units are companies.
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Pakistan Post, National Bank of Pakistan sign a Memorandum of Understanding to boost digital financial services
Pakistan Post and National Bank of Pakistan signed a Memorandum of Understanding (MoU) here at ECO Postal Staff College Auditorium to boost Digital Financial Services in the country through a huge network of 12,000 Post Offices countrywide as well as to achieve the target of the State Bank of Pakistan for strengthening National Financial Inclusion Strategy extending Digital Financial Services to 50% population of Pakistan by the year 2020.
- Categories
- Finance
- Region
- South Asia
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