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Here is why the World Bank withheld aid to Uganda
World Bank President Jim Yong Kim stopped by The Washington Post on Thursday to chat about some of the changes under way as the bank moves to eradicate extreme poverty by 2030. Throughout discussions about energy projects in the Democratic Republic of Congo, deficits in Indonesia and private sector growth in Burma, one key concern kept coming up: What role should the World Bank play when conflicts arise in member nations?
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- Uncategorized
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Why different parts of Africa have widely different levels of success with mobile banking
Why are different parts of Africa experiencing widely different levels of success with mobile banking, despite years of experience in Kenya? Panellists at the IPS conference in London offered a range of explanations
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OPINION: Why RBI’s decision on a Post Bank of India is a slap for Finance Ministry
The RBI’s decision on Wednesday to “consider” the application of Department of Posts for a banking license “separately in consultation with the Government of India” is literally a slap in the face for the finance ministry.
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OPINION: The Reserve Bank of India’s welcome conservatism
More than four years after the then Finance Minister Pranab Mukherjee announced the government's intention to issue more banking licences, this has indeed been done. In 2010, there was much fervour about financial inclusion and, against that backdrop, new banks were seen as an important means of boosting capacity and penetration of financial services.
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Japanese microfinance fund seeks to assist small Peruvian farmers
A Japanese small-lot fund operator said Thursday it will launch a new fund with a credit cooperative in Peru to assist Peruvian small farmers, who lack access to financial services, to meet their daily farming needs.
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- Agriculture
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Peer-to-peer Lender SoFi Closes On $80 Million To Expand Its Lending Business
Confirming our earlier reporting, the peer-to-peer lender Social Finance said it closed on $80 million in fresh funding, as it looks to expand its lending operations to mortgages and personal loans.
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- lending
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Donors Commit $240 Million to Fight Neglected Diseases
Bill Gates, the World Bank and other donors are stepping up efforts to fight neglected tropical diseases in Africa and other low-income regions with a $240 million injection of new funding.
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- Health Care
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- Sub-Saharan Africa
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South Africa to use Flavored Condoms to Tackle HIV
South Africa has some 6.4 million HIV-positive people - more than any other country.
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- Education, Health Care
- Region
- Sub-Saharan Africa
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