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India sees more cashless transactions through internet, ATM as consumers favor virtual payment
Paperless transactions through the internet, ATM, cards and mobile devices have surpassed paper-based ones in the year leading to March 15, reiterating the fact that Indians are moving towards virtual payment.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Swiss investor Rianta Capital Zurich is scouting for impact investments in India
Switzerland-based impact investor Rianta Capital Zurich has partnered with Villgro, India’s social enterprise incubator, to scout for funding opportunities in agriculture and allied sectors.
- Categories
- Impact Assessment
- Region
- South Asia
- Tags
- impact investing
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Kenya’s Jamii Bora Bank sheds microfinance tag
Jamii Bora Bank has announced that it is now targeting Small and Medium Enterprises (SMEs), in a major change of strategy that has seen it shed the microfinance tag.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Catholic Trust Looks to Brazilian Fund for Social Returns
A Brazilian investment fund is taking to heart theVatican’s endorsement of leveraging capitalism’s tools to help address inequality.
- Categories
- Impact Assessment
- Region
- Latin America
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Mozilla Gives Up on Its Dream of a $25 Firefox Smartphone
Mozilla is learning that making smartphones dirt cheap doesn't guarantee success when you're running up against Google's Android operating system. CNET reports that in an email to employees sent out on Thursday, CEO Chris Beard made it clear that the company will soon be changing its mobile strategy. "We have not seen sufficient traction for a $25 phone," Beard wrote. He went on to say, "We will focus on efforts that provide a better user experience, rather than focusing on cost alone."
- Categories
- Technology
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South Africa Plans to Corporatise Post Bank
South Africa’s Telecommunications and Postal Services Minister Siyabonga Cwele says the process to corporatise Post Bank is at an advanced state.
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- Technology
- Region
- Sub-Saharan Africa
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Analysis: Golden Rice in India: Is It Necessary? What Are Impediments to Adoption?
There is a saying in Chinese used to wish others well that means, “may you never live in interesting times.” In a complex world full of conflict, disease, and death, the idea of living in a simpler world without the plagues of the present must seem comforting to most. Sadly, this is not the world we live in, no matter how much one may wish it into reality. For those living in rural India, life can be a constant struggle.
- Categories
- Agriculture, Health Care
- Region
- South Asia
- Tags
- nutrition
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5 African Bitcoin Startups to Watch
Bitcoin is gaining traction worldwide, with the first quarter of 2015 seeing record levels of investment pumped into Bitcoin startups globally. Africa is no exception to the trend, with startups springing up with innovative applications for Bitcoin in the African context – disrupting the remittance market, and making the cryptocurrency available over SMS. Here, Disrupt Africa names the five startups leading the way with Bitcoin in Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
