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The real promise of regulatory technology in financial inclusion
Financial authorities could someday run digitally, but getting there is not going to be easy. In many countries, regulators today often use fax machines, let alone cloud-based software and analytics. And yet, the future of the financial sector depends on modernizing regulatory authorities.
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- Uncategorized
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International Finance Corporation to invest USD $21 million in Grameen Koota
The renewed trust by these marquee investors is expected to provide more comfort to local lenders who finance MFIs for on-lending.
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- Investing
- Region
- South Asia
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Zimbabwe: $90m Package for SMEs Unveiled
Of the $90 million facility, $10 million will go to horticulture, $15 million to cross border traders, $40 million for the gold facility, $15 million for women empowerment, while $10 million has been earmarked for business linkages.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Price of ‘exciting’ self-injectable contraceptive cut
Sayana Press dispenses with the need for a conventional needle and syringe - so it has been seen as a significant development for women living in rural parts of Africa.
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- Health Care
- Region
- Sub-Saharan Africa
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A growing share of aid is spent by private firms, not charities
Haiti is one example of a trend. Though not all countries break down aid spending according to the type of contractor used, data from those that do suggest that a growing share of aid is funnelled, not through charities or non-profit foundations, but through consultancies and other private-sector contractors that profit from the work.
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- Impact Assessment
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Press Release: Global Accelerator Learning Initiative Releases Second Major Report
Accelerating Startups in Emerging Markets: Insights from 43 Programs examines data from over 2,400 early- stage ventures that applied to 43 acceleration programs run by twelve different organizations in nine countries. The report, developed in partnership with Deloitte Canada, compares the performance of accelerators in emerging markets with those operating in high-income countries (categories as defined by the World Bank).
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- Uncategorized
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- research
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Kenya, Rwanda and Tanzania Join World Economic Forum in Promoting Financial Inclusion in East Africa
This effort aims to develop collaboration between policy-makers, private-sector providers of financial services and their clients, and other relevant actors. East Africa has already made significant strides towards financial inclusion, leveraging digital and other means to raise the number of adults that have an account to 34 percent in 2014, up from 24 percent in 2011.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Six months after demonetization, Kolkata’s first cashless transactors shift back to cash
The winds of change that brought in plastic money and e-payments to traditional shops have blown over. Cash is back.
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- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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