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How Mastercard’s “Data Philanthropy” Program Is Tackling The Global Financial Information Gap
Through its Center for Inclusive Growth, an independent subsidiary of the company launched in 2013 to support financial inclusion in the developing world, Mastercard is experimenting with a new type of philanthropy: data donation. Mastercard is one of the largest payments companies in the world, and Shamina Singh, president of the Center for Inclusive Growth, says that when the Center was founded, it was with a mandate from the company’s board of directors to “think about Mastercard’s assets broadly, and then think about how those assets can be applied for social good.”
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- Uncategorized
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How tech-enabled agriculture ventures are offering farm related services via mobile phones
“Farmers are forced to sell immediately after harvesting,” says Kishor Kumar Jha, founder-director, Ergos. “Withproper warehousing, farmers can store their produce and sell when prices move up.”
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech
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Kenya’s newest tech hubs are sprouting outside its “Silicon Savannah” in Nairobi
For years, Nairobi has been the cradle of technological innovation in Kenya, and the center of the country’s thriving tech ecosystem, famously known as Silicon Savannah. Most of the innovation spaces, incubation centers, accelerators, and maker labs were also concentrated in the capital—making Nairobi an attractive spot for both technologists and investors.
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- Technology
- Region
- Sub-Saharan Africa
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Do Farmers Really Want to be Paid in Mobile Money?
Do farmers really want to be paid in mobile money? To answer this question, I’ll ask you to first entertain a brief thought experiment.
Imagine that your employer told you that next pay period, your company will start paying you in Bitcoin. How would you react?- Categories
- Agriculture, Technology
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Fintech Report: The disruptive new kid on the bloc in Africa
Amid all the hype, fintech is in the process of revolutionizing the provision of financial services in Africa.
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- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Rural Financial Inclusion: Small Finance Banks Could Pick up Where Public Sector Banks Left Off in India
While the demonetization tsunami sorely hurt the microfinance industry, Bandhan Bank offers a good template for what MFIs can do after acquiring banking licenses.
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- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Financial Inclusion: Have We Been Approaching The Problem All Wrong?
“The lack of trust in financial institutions partly explains the tendency of households to avoid financial products and invest in physical assets such as gold instead,” the report added.
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- Uncategorized
- Region
- South Asia
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Nigerian Bank of Industry partners with Oxfam to empower 4,000 farmers
According to Oxfam, the partnership is born out of the need to target the most marginalized and hard to reach in the rural communities in line with the objectives of the Federal Government’s social intervention policy.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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