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Report: Accelerating Financial Inclusion in South-East Asia
Promoting the use of formal financial services continues to be a challenge, and the depth of engagement varies with different financial products: Only 18% of adults use a bank account to receive wages or pay utility bills, and only 11% borrow from formal sources.
- Categories
- Technology
- Region
- South Asia
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Big Funders, Big Data: The Growing Quest to Learn More About Global Health
Back in 2015, when Bloomberg Philanthropies teamed up with the Australian Department of Foreign Affairs and Trade to launch a $100 million Data for Health initiative, we learned something surprising: According to the World Health Organization, around two-thirds of all deaths around the world go unrecorded—that’s around 35 million people.
- Categories
- Health Care
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Exeo Capital Agri-Vie Fund II Attracts Over $100 Million
EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa, after attracting commitments of over $100 million, one third more than the initial target.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Wall Street Journal Launches the Financial Inclusion Challenge 2017
For the third year, The Wall Street Journal invites nonprofit and for-profit enterprises to enter “The Financial Inclusion Challenge” competition and to showcase their solutions to the problems of financial access for the poor in the Asia-Pacific region.
- Categories
- Uncategorized
- Region
- South Asia
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Innovative Financing Key to Transforming Africa’s Healthcare
Targeted investments in infrastructure, workforce and improved governance are key to transforming the heath sector in Africa, said the head of the Health and Education Investment Team at the International Finance Corporation (IFC), Biju Mohandas.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Here’s Why Top Business Schools Are Appealing More to Socially Minded Millennials
If you’re a business school student, there’s a good chance you’re at least broadly familiar with the life of Andrew Carnegie. The Gilded Age robber baron casts a pretty long shadow... particularly in his model for the life of a businessman in America: a ruthless competitor in business who compromised nothing in his pursuit of profit, and a committed philanthropist in his private life, clearly segregating his desire to conquer the business landscape and to mold a better world. Carnegie had a clear and inspiring vision of a better society, but he opted to leave it entirely out of his life as a captain of industry.
- Categories
- Education
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Rwandan Telecom Operator Launches Mobile Micro-Loans Service
Rwanda local telecom operator Tigo has launched a pilot phase of their mobile financial services platform that allows Tigo Cash users to access loans via their mobile wallets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- lending, mobile finance
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Social Impact Bonds to Fund Student Financial Aid Program in South Africa
Two hundred million rand has been raised for the pilot project, in which 2000 students have already been selected to participate.
- Categories
- Education
- Region
- Sub-Saharan Africa
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