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Nigeria: 10 Microfinance Banks Account for 40 Percent of Industry Loan
THE Central Bank of Nigeria (CBN) has said the ten microfinance banks account for 40 percent of total loans in the subsector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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No more business as usual: the corporates stepping up to save the planet
Companies around the world – from small family-run enterprises to Fortune 500 firms – are not only calling for action on climate change but also putting their money where their mouth is.
- Categories
- Environment
- Tags
- climate change
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Malawi opens drone testing corridor for humanitarian efforts
The air corridor is a result of the partnership with the UN's children's agency and officials say it opens up the possibility for "potential humanitarian" drone use in the southeast African country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Dissolvable patch offers radical pain-free alternative to flu injection, study finds
“I think this product would greatly simplify access to vaccines and perhaps improve coverage as well,” said Nadine Rouphael, a co-author of the research and associate professor of medicine at Emory University School of Medicine.
- Categories
- Health Care
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The World Bank’s “pandemic bonds” are designed so investors pay in the event of an outbreak
The money raised comprises the bulk of a $500 million Pandemic Emergency Financial Facility that will provide funds for poor countries in case of outbreaks of infectious diseases over the next five years. The bonds are designed to transfer the risk of a health crisis in low-income countries to the global financial markets. World Bank president Jim Yong Kim said this will help move away from “the cycle of panic and neglect” that has characterized recent pandemics.
- Categories
- Health Care
- Tags
- public health
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Stakeholders advocate bespoke intervention schemes for MSMEs
According to the stakeholders, MSMEs are the first responders to societal needs and are responsible for significant employment and income generation opportunities across the world even as they have been identified as a major driver of poverty alleviation and development.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs
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Investing with ‘green’ ratings? It’s a gray area
There are no set criteria for who is bad and who is good and so-called ESG ratings vary widely, meaning investors may be less protected than they think, for example, from a scandal over labor practices or board pay.
"We don't have a common vernacular," said Asha Mehta, director of responsible investing at Acadian Asset Management in Boston.- Categories
- Investing
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TLcom Capital hits $40m first close for sub-Saharan Africa tech fund
The $100m-targeting TIDE Africa fund will look to provide African entrepreneurs with capital to develop tech-driven solutions to the continent’s biggest problems.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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