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World Bank approves $450m for banking, financial access in Pakistan
The World Bank has approved a package of measures worth $450 million aimed at expanding banking services and financial access in Pakistan. The ‘Finance for Growth Development Policy’ (FGDP) is a policy credit of $300 million to support the government’s efforts in promoting a more inclusive and transparent financial sector, the World Bank country office in Islamabad announced on Thursday.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Crowdfunding the solution for SMEs in South Africa?
In 2015, the South African Institute of Chartered Accountants (Saica) published the Small and Medium Enterprises (SMEs) Insights Report. The report provided meaningful insight into the depressed economic environment stifling SME growth and explored ways to improve opportunities for SMEs in South Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Are Sustainable Funds More Expensive?
Socially responsible investing, also known as sustainable, impact, or ESG (environmental, social, and governance) investing, has been steadily growing in popularity in recent years. A year ago, we launched the Morningstar Sustainability Rating for funds to help investors measure to what extent any mutual fund's portfolio aligns with ESG principles.
- Categories
- Impact Assessment, Investing
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India’s largest mobile wallet goes global, launches app in Canada
India's largest mobile wallet, Paytm, has launched in Canada. Users can now pay their cell phone, cable, internet, water and electricity bills as well as their insurance and property taxes via the Paytm Canada app.
- Categories
- Technology
- Region
- North America
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Impact Investing Growing Among Alternative Managers
Impact investing is growing in importance among the alternative investing community, according to a new survey by the Chartered Alternative Investment Analyst (CAIA) Association.
- Categories
- Impact Assessment, Investing
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National Australia Bank sells rare $500 million gender equality bond
National Australia Bank, the country's fourth-largest lender by market value, said on Friday it sold $500 million of "gender equality" social bonds, amid burgeoning demand for ethical investments.
- Categories
- Investing
- Tags
- ESG, impact investing
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Viewpoint: How billionaire philanthropists could really make an impact
Tom Hall of UBS argues that if the likes of Bill Gates and Mark Zuckerberg were to put their money into impact investment instead of grants they could make a real contribution to the Sustainable Development Goals
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing, philanthropy, SDGs
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MBA Programs Help Students Change the World
Sarah Millar spent her first years out of college doing stock market research for a New York City financial firm. In her spare time, she taught English as a second language and fostered homeless dogs. "I was getting a lot more fulfillment from those things," she says, "than from work."
- Categories
- Education
- Region
- North America
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