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Trump commits to reforming US development finance
The idea that the U.S. may get a new or reformed development finance corporation, which Devex previously reported, seems to be gaining momentum both in the administration, with this speech, and in Congress.
- Categories
- Investing
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Press release: More Capital Flows in Africa and Latin America as Two New Impact Fund Managers Join the Capria Network
Since launching in 2015, Capria has reviewed more than 425 fund proposals and selected 11 fund managers who form the Capria Network. Capria’s two new fund managers are enabling significant impact in Africa and Latin America.
- Source
- Press release
- Categories
- Investing
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Reserve Bank of India Says ‘No’ to Islamic Banking
Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam. The issue of introduction of the interest-free banking in India was examined by RBI and the government of India, the central bank added.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- Islamic finance
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Report: Poorer Countries Suffer Most From Extreme Weather Events
Increased intensity of storms takes a toll on small island states and poor countries. Since 1997, over 520,000 people have been killed by more than 11,000 extreme weather events.
- Categories
- Environment
- Tags
- climate change
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Report: More Entrepreneurs Focused on Impact Through Their Business, Investments
Thirty-nine percent of global entrepreneurs consider positive impact core to how they assess business performance, up from 10% two years ago. In the U.S., 51% of entrepreneurs consider themselves to be responsible investors.
- Categories
- Investing
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Technology cannot solve all of Africa’s problems, but it can help with many
That tech and innovation can play a big role in making some countries richer than others is not in question. About half the differences in GDP per person between countries are due to differences in productivity.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: India’s FinTech adoption rate exceeds global averages
According to EY FinTech Adoption Index, India has the second highest FinTech adoption rate among digitally active consumers at 52 percent, only second to China at 69 percent.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech
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Global Reach, Enlightened Self-Interest: Meet the New Visa Foundation
While it's surprising that Visa hasn't had a foundation until now—particularly given its size and global presence—it’s not wasting any time making financial commitments. The first is a larger pledge to the Women’s World Banking (WWB) initiative.
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