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Task force on digital financing of UN SDGs launched
“We have already seen how technology has helped expand financial inclusion — itself an important goal — by 1.2 billion people in just six years,” said Guterres.
- Categories
- Finance
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As Money Moves Offshore, New Questions About How Foundations Invest Their Assets
Throughout philanthropy’s history, it’s drawn intermittent waves of intense criticism, and it certainly feels like we’re heading into one now. Outrage over wealth accumulation, an unbridled tech industry, money in politics and more is inspiring healthy scrutiny from many directions (including us).
- Tags
- philanthropy, research
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Perspective: Safaricom ‘stifles’ other telco players, no level playing field
Heated debate over a controversial telecoms report commissioned by the Communications Authority on market dominance was one of the key highlights of Kenya's telco industry this year. The detailed study, carried out by London firm Analysys Mason had some policy recommending that market leader Safaricom share its infrastructure with rivals.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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UK Teams With IFC To Mobilize $2 Billion In Green Construction Financing
“Green buildings represent a powerful opportunity to address climate change in emerging markets,” said Hans Peter Lankes, IFC’s Vice President for Economics and Private Sector Development. “Investments in green buildings certified with EDGE and other standards could represent a $3.4 trillion opportunity over the next decade. Blended finance is a valuable tool to help create new markets for green construction by mobilizing private capital through financial intermediaries.”
- Categories
- Environment, Finance
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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Impact investing needs business schools to get on board
Top schools, most visibly in the West, are now introducing courses on impact investing and social entrepreneurship, teaching students how to use capital not just for financial gain, but social benefit as well... Because of the scale of the challenges facing economies in Africa, business schools on the continent have a unique opportunity – some would argue an imperative – to lead the way in developing such material.
- Tags
- ESG, impact investing
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Brazilian Fintech Nubank Launches Debit Card To Reach 120M Clients
Brazilian fintech Nubank has launched a debit function for its card offering as well as the ability to withdraw cash from ATMs, in a move that aims to extend its reach to as many as 120 million customers.
- Categories
- Finance
- Region
- Latin America
- Tags
- fintech