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Mongolia’s Untapped Lending Market Has Earned This Japanese-Backed Fintech Startup A $30M Valuation
In Mongolia, where the average monthly income is $390, informal loans between friends or family members are commonplace as credit and small bank loans are hard to get. On the other hand, small informal loans are almost expected to not be paid back.
- Categories
- Finance
- Region
- Asia Pacific
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Only modernized commercial farms will fill Africa’s plate, economists warn
A transformation from small-scale subsistence farms to mechanised, more commercially viable farms is essential, said experts at the Ghana-based African Centre for Economic Transformation, who outlined a bold plan to revolutionise agriculture and fuel economic growth in a report launched Tuesday at an African finance ministers meeting at the World Bank and backed by former UN secretary general Kofi Annan.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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More trees help water sanitation, reduce child deaths: study
The study examined the health of 300,000 children and the quality of watersheds across 35 countries including Bangladesh, Nigeria and Colombia, and found that having more trees upstream led to healthier children.
- Categories
- Environment, Health Care
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Press release: Tiedemann Wealth Management Commits to Impact Investing with Threshold Group Partnership
“The importance of having a similar culture and vision for delivering multi-generational value for the families and foundations we serve was paramount in deciding to work together,” said Michael Tiedemann, CEO and Chairman of the Board of the combined firm. “Many of our clients have shown interest in impact investing. The addition of Threshold’s expertise in this area to our existing investment platform and comprehensive services will be a welcome addition for our clients today and prospects in the future.”
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Fintech Major Mastercard Launches Its First Innovation Center In India
The India Innovation Centre Mastercard Labs will join hands with other financial institutions and merchant partners to identify and ideate futuristic digital payment solutions, to better safety and security.
- Categories
- Finance
- Region
- South Asia
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Plugging the Gap: What Are Funders Doing to Respond to the Global Gag Rule?
In March 2017, nearly 60 nations along with private funders and philanthropists from around the world attended what is being widely described as a “hastily convened” one-day She Decides family planning conference in Brussels, Belgium. She Decides is a global family planning initiative launched by Dutch minister for Foreign Trade and Development Cooperation, Lilianne Ploumen, in response to the GGR reinstatement. The goal of the campaign is to fill the nearly $600 million funding gap that will likely be caused by the GGR.
- Categories
- Health Care
- Tags
- philanthropy
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This New Tool Helps Social Entrepreneurs Pick The Right Accelerator For Them
If you work on food security or clean water or pollution prevention–or on one of more than 30 other issue areas–the tool narrows a list of 750 accelerators to those that are most relevant. The tool also filters by the location a startup aims to help, the type of business or nonprofit, the type of help the accelerator can provide, and the stage of the enterprise, from an idea to a business with strong revenue.
- Categories
- Uncategorized
- Tags
- nonprofits
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Giving Capitalism a Social Conscience
Yunus has recently written a new book, “A World of Three Zeros: The New Economics of Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions,” in which he argues that capitalism is in crisis and remains moored in a flawed conception of human motivation. He proposes a far more robust role in the economy for “social businesses,” which he defines as “non-dividend” companies “dedicated to solving human problems.”
- Categories
- Uncategorized
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