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A huge public pension fund faces an agonizing decision: Should it reinvest in tobacco?
Sixteen years ago, CalPERS, the nation’s largest public pension fund, vaulted to the forefront of the social investing movement by voting to dump its $671 million in tobacco stocks.
- Categories
- Impact Assessment, Investing
- Region
- North America
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Malawi drone test centre to help with healthcare, disasters
The project, which will cover up to 40 kilometres around the administrative capital Lilongwe, will be fully operational by April in a collaboration between Malawi and UNICEF.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Healthcare In Africa, Built By India
Economic diplomacy is the use of aid, trade, and investment policy tools to achieve a geopolitical objective. India’s geoeconomic diplomacy has so far focussed mainly on the use of scholarships, grants, and concessional lines of credit. New Delhi now has the capacity to move beyond those basics by using the strengths of India’s private sector in healthcare.
- Categories
- Health Care
- Region
- South Asia
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Could Trump’s Election Be Good News For The Underbanked?
On the surface, the incoming Trump administration looks like a disaster for consumer activists. After eight years of successfully pressing the government to back financial protections for consumers, they could see their work quickly unravel in January.
- Categories
- Uncategorized
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Islamic Banking has No Relevance in India: Union Finance Ministry
The Union Finance Ministry said Friday that Islamic banking was not relevant any more in achieving the objectives of financial inclusion as the government has already introduced programmes like Jan Dhan Yojana and Suraksha Bima Yojna for all citizens towards that end.
- Categories
- Uncategorized
- Region
- South Asia
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Safaricom to Further Expand M-Pesa
Kenya-based mobile operator Safaricom entered discussions with five companies to increase the availability of M-Pesa services, according to a local press report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Can Only Love for Our Postman Ensure Success for India Post Payments Bank?
People have been waiting eagerly for the launch of the India Post Payments Bank or IPPB, the largest among the eight that are likely to start operations over the next few months. Eleven entities received the Reserve Bank of India’s (RBI’s) in-principle approval for floating payments banks but three of them have left the field.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Nigeria’s GDP Will Get $88 Billion Boost With Digital Financial Services
With improved and consistent adoption of digital financial services in the country's payment system, about $88 billion will be added to Nigeria's Gross Domestic Product (GDP) by 2025.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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