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Kenyan operators prepare for mobile money interoperability tests
Kenya's telecommunication firms are expected to begin trialling mobile money transfers from one network to the other from January, reports Business Daily.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Can the rise of cryptocurrency impact currency market in India?
Slowly, cryptocurrencies are coming under the regulatory net in order to check misuse. Japan recently became the first country to regulate cryptocurrencies; the US is quickly laying down regulatory guidelines, the UK and Australia continue to work on the formalities while China has recently banned Initial Coin Offerings (ICO) due to various reasons, including various ICO scams around the world.
Though India plays a relatively small role in the global cryptocurrency market, only about 2% of the global cryptocurrency market cap, the RBI has warned about the potential financial, legal, customer protection and security-related risks in cryptocurrency, amidst prevalent media rumours of RBI launching its own form of cryptocurrencynamed Lakshmi.- Categories
- Finance
- Region
- South Asia
- Tags
- cryptocurrency, fintech, regulations
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‘Social Alpha’: Nonprofits Dive Into ETFs
As CEO of Impact Shares, the first nonprofit ETF issuer, Powell wants to modernize the way charities—and donors—think about using money to make a difference.
- Categories
- Investing
- Region
- North America
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Alibaba’s payments affiliate apologises for opting in users for credit scoring system
The incident comes as Chinese users grow increasingly concerned about user privacy and how China’s tech giants are handling personal information. In China, laws require companies to store users’ data on servers in the country, and Chinese tech companies reportedly pass on data when the Chinese government makes a request.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- credit scoring, data, fintech
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Liberia’s big school experiment
Liberia, which elected a new president last week, has among the highest percentage of out-of-school primary children in the world.
In a bid to improve the availability and quality of schools, the West African country has been carrying out a controversial experiment.- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- NGOs, public policy
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Future Ford Foundation Director Weighs in on Role, Impact Investing
As he finishes his tenure with the banking giant, CIO caught up with Swan, one of the founding CIOs of New York City’s Upper Manhattan Empowerment Zone, to talk about his accomplishments, his thoughts on where the most potential future impact investments appear, and more.
- Categories
- Investing
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Press release: The Church Pension Fund Invests in $75 Million Off-Grid Solar and Financial Access Senior Debt Fund
The Church Pension Fund invested $17 million in the Social Investment Managers & Advisors Off-Grid Solar and Financial Access Senior Debt Fund I, B.V. The $75 million fund will provide loans to microfinance institutions, distribution companies, and manufacturers in the off-grid solar sector located in sub-Saharan Africa and South Asia.
- Categories
- Investing
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Microloans: Boon or bane for Cambodia’s rural poor?
Microfinance evokes both wariness and optimism here in the Cambodian countryside, where low incomes and savings mean farmers often borrow small sums at high interest rates to fertilize their plots.
- Categories
- Uncategorized
- Region
- Asia Pacific
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