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KCB, Safaricom Lower Mobile Loans Interests After COFEK Pressure
KCB and its mobile money partner Safaricom have finally bowed to pressure to lower mobile money interest rates.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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India: IFC to Extend Up to $40m to Microfinance Firm Ujjivan Through Debt Investment
International Finance Corporation, the private investment arm of World Bank plans to invest up to $40 million in Indian micro finance institution Ujjivan Financial Services in form of a senior debt investment.
- Categories
- Uncategorized
- Region
- South Asia
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White House: U.S. to Support $10 Million in Loans to Myanmar Small Businesses
At the invitation of President Barack Obama, Daw Aung San Suu Kyi, State Counsellor of the Republic of the Union of Myanmar, is on an official visit to Washington, D.C. in September 2016. During the visit, State Counsellor Daw Aung San Suu Kyi and President Obama held a meeting on September 14 in the White House and adopted this joint statement.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending
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Small-Scale Fishers Get A Big Boost With First-Of-Its Kind Impact Investment Fund
At the Our Ocean Conference, hosted by U.S. Secretary of State John Kerry in Washington, D.C. today, Rare CEO Brett Jenks and the Global Environment Facility (GEF) CEO Naoko Ishii will be jointly announcing the development of the Meloy Fund for Sustainable Small-Scale Fisheries in Southeast Asia. The GEF, one of the largest funders of conservation worldwide, will be investing $6 million into the fund.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing
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Global Family Office Report Reveals Impact Investing Has Come of Age
A remarkable 62% of family offices are now active or expect to be active in impact investing, the new Global Family Office Report by Campden Wealth in partnership with UBS reveals.
- Categories
- Investing
- Tags
- impact investing
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Safaricom Pioneers Adoption of UN’s SDG’s in Kenya’s IT Sector
Safaricom’s has successfully integrated a customised shared prosperity and responsible business initiative across the firm making the telecom the first IT local company to adopt the United Nations fronted Sustainable Development Goals (SDG’s) in Kenya.
- Categories
- Impact Assessment, Technology
- Region
- Sub-Saharan Africa
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Smarter Farming Could Cut Hunger in Drought-Hit Southern Africa
Southern African farmers facing hunger as a result of worsening drought know a lot about climate change but lack the resources to put solutions that work into place, agriculture and development researchers say.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Tanzania Becomes 1st Globally Achieving Full Mobile Money Interoperability
The interoperability means mobile phone subscribers transfer money across multiple networks thus enabling the country becoming first in the area. Bank of Tanzania Governor Prof Benno Ndulu said today that mobile phone active account represents 21.9million out of 62.8million accounts registered by five major tele-financial service providers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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