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George Soros, Mastercard to Partner to Aid Migrants, Refugees
Billionaire investor George Soros will partner with Mastercard Inc on a venture they said could help migrants, refugees and others struggling within their communities worldwide to improve their economic and social status.
- Categories
- Impact Assessment
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Investing For Impact: Recasting A Traditional Portfolio For Purpose & Profit
The prospect is as exhilarating as it is daunting: As much as $30 trillion is expected to pass from baby boomers to their heirs in North America over the next three or four decades, according to a report from Accenture.
- Categories
- Impact Assessment, Investing
- Tags
- ESG
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Nigeria: Central Bank Bars Banks From Virtual Currency Transactions
The Central Bank of Nigeria, CBN, Tuesday, banned banks from all transactions in bitcoin and other virtual currencies. A circular signed by the apex bank's director, financial policy and regulation department, Kelvin Amugo, stated that the move was necessitated by money laundering and terrorism financing risks inherent in operations of virtual currencies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Mastercard helps expand financial inclusion in Pakistan by optimizing National ID cards with e-payment functionality
Mastercard, a leading technology company in the global payments industry, announced a strategic collaboration with Pakistan’s NADRA Technologies to optimize National ID cards with electronic payments functionality. The move will allow Pakistani citizens to carry out financial transactions and receive government disbursements by utilizing the unique 13-digit identification number of their identity card.
- Categories
- Technology
- Region
- North Africa & Near East
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Tej Kohli takes the wraps off his $25Mn tech-focused ‘Kohli Impact Investment Initiative’
Venture capitalist Tej Kohli, announced today about his newly formed Kohli Impact Investment Initiative, commencing with a hefty sum of $25 million. The Initiative is powered by Kohli’s family office, Kohli Ventures particularly targeted at attracting innovative and disruptive technologies.
- Categories
- Impact Assessment, Investing
- Tags
- ESG, venture capital
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Sustainable Investing: Not Just About Returns
In 2016, we stated that environmental, social and governance (ESG) investing was at an inflection point and would move centre stage for many investors.
- Categories
- Investing
- Tags
- ESG, impact investing
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Tragedy Would Unfold If Trump Cancels Bush’s AIDS Program
In 2003, in a move that has been described as his greatest legacy, George W. Bush created a program called PEPFAR—the President's Emergency Plan for AIDS Relief. At the time, more than 20 million people in sub-Saharan Africa were living with AIDS, but only 50,000 had access to antiretroviral drugs that manage the disease and prevent its spread. Now, thanks to PEPFAR, 11.5 million people are on those drugs. For good reason, it has been variously described as a “globally transformative lifeline,” “one of the best government programs in American history,” and something “for all Americans to be proud of.”
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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New CGAP Survey Finds Technology Alone Cannot Deliver Successful Interoperability in Digital Financial Services
No matter how well designed the technology, interoperability in digital financial services will not reach its full potential unless the right business structure and incentives are in place, CGAP found in its new report, Digital Finance Interoperability and Financial Inclusion: A 20-Country Scan.
- Categories
- Technology
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