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UNCDF releases its 1st Digital Financial Services Toolkit
UNCDF’s MicroLead program team is proud to introduce its series of practical toolkits titled, "How to Succeed in Your Digital Journey: a Series of Toolkits for Financial Service Providers”. The toolkits (available both in French and English) are designed for financial service providers (FSPs) who want to go digital.
- Categories
- Technology
- Region
- North America
- Tags
- fintech, microfinance
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IFC invests $67m in Apollo Health and Lifestyle for 29% stake
Apollo Health and Lifestyle Ltd (AHLL) has raised $67 million for a 29 per cent equity stake from International Finance Corporation (IFC), the private lending arm of the World Bank, according to a press statement. “IFC along with its associated entity has has made a primary equity infusion of Rs 450 crore thereby acquiring 29.03 per cent stake in Apollo Health and Lifestyle Ltd,” Apollo Hospitals Enterprise Ltd said in a BSE filing.
- Categories
- Health Care, Investing
- Region
- Asia Pacific
- Tags
- impact investing
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India’s demonetization makes low-deposit accounts ‘parking lots for black money’
Jan Dhan accounts, integral to the Modi government’s plan for financial inclusion and direct benefit transfer, were meant to have a transformational role in the uplift of the underprivileged, but, ironically, demonetisation has made them a parking lot for black money. Official sources told FE that these accounts saw transactions of R19,250 crore in the 10 days to November 19; over R15,000 crore was deposited and some R4,250 crore was withdrawn.
- Categories
- Uncategorized
- Region
- South Asia
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China may open its Pharma industry to India for mutual gain
India's pharmaceuticals sector which is "slightly outperforming" that of China can benefit from the vast Chinese market for generic drugs and the acquisition of Gland Pharma by a Chinese company could prompt Beijing to open its pharma industry to Indian firms, the official media said.
- Categories
- Health Care
- Region
- South Asia
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Report: This Is What Would Happen to Kenya’s Economy if M-Pesa Was to Collapse
A Treasury report warns that an M-Pesa outage would cause loss of revenue and reduce confidence in the mobile money transfer services. FILE PHOTOA Treasury report warns that an M-Pesa outage would cause loss of revenue and reduce confidence in the mobile money transfer services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Note Ban May Exacerbate India’s Public Health Crisis
A spate of deaths due to hospitals refusing to accept invalid currency notes has come to attention after Prime Minister Narendra Modi’s announcement invalidating 86% of India’s currency on November 8.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Accion Venture Lab: Fintech Lenders Leveraging Technology to Close Critical Funding Gap for Small Businesses
Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion, released a report today on the latest innovations in the field of micro, small, and medium enterprise (MSME) finance. The report explores how innovative, tech-enabled lenders are using niche marketing, digital or mobile platforms, and enterprising partnerships – and often a combination of all three – to make financing available to underserved MSMEs.
- Categories
- Investing
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Gates Foundation head of global health talks WHO, Chan Zuckerberg Initiative
The spread of Zika across the Americas, on the heels of the devastation caused by the Ebola virus in West Africa in 2015, has many wondering how global health institutions are adapting to combat pandemics.
- Categories
- Health Care
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