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Philippines’ Tax Bureau Taps Mobile Payment for Tax Collection
The Philippines' Bureau of Internal Revenue (BIR) has partnered with Globe Telecom's GCash mobile money service for its tax collection effort.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, infrastructure
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Namibia’s First School of Pharmacy: From Creation to Graduation
On April 24, 2015, the first class of students graduated from the B.Pharm program at the University of Namibia (UNAM)–the first and only pharmacy degree program in the country. With the help of the USAID-funded SIAPS program, the Namibian Ministry of Health and Human Services was able to conceive, establish, and encourage enrollment in the B.Pharm degree. The graduation of the country’s first locally educated pharmacists constitutes a major step forward in alleviating the country’s dire shortage of pharmacy staff and helping to meet the health care needs of the largely underserved Namibian population.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Social Entrepreneurs Lack Diversity in Leadership Teams
As social entrepreneurship has surged as a field dedicated to transforming inequities through the power of inclusion, what's emerged is a profound culture of exclusion.
- Categories
- Uncategorized
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Janalakshmi, The Largest Microfinance Institution in India, Announces $210M Equity Round
Janalakshmi Financial Services Limited (“Janalakshmi”) today announced a $150 million (INR 10 billion) round of primary equity financing led by global private investment firm TPG. In addition, secondary transactions aggregating $60 million (INR 4 billion) will provide partial exits to existing investors.
- Categories
- Investing
- Region
- South Asia
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MasterCard Drives New P2P Solution in Bangladesh
In a quartet joining forces to bring mobile cross-border payments to 22 million Bangladeshis, MasterCard is linking up with Western Union, bKash and BRAC bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, remittances
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IFC Promotes Access to Finance for SMEs in Peru With US$50 Million Loan to Mibanco
The International Finance Corporation (IFC), a member of the World Bank Group, disbursed a loan of S/.167.6 million (approximately US$50 million) to Mibanco, the largest microfinance institution in Peru and Latin America, with the aim of increasing financing to small and medium enterprises (SMEs) and low-income sectors of the population, thus helping boost job creation and economic growth.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- microfinance
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WeChat Proprietor Tencent Seeks $2 Billion Loan for FinTech Expansion
The Chinese internet giant Tencent Holdings Ltd, most famous for its WeChat messaging app, is reported to be soliciting a loan that could run as high as two billion dollars in order to deepen its interests in the FinTech sector.
- Categories
- Technology
- Region
- South Asia
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Ghana’s Startup Bub Pioneer Is Going Pan-African With a $50 Million Fund
Meltwater Entrepreneurial School of Technology (MEST) has built one of Africa’s best known startup ecosystems in Accra, Ghana over the last eight years—and now it’s doubling down on a push to take its vision pan-African.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- incubators
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