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Africa Ripe for More Impact Investments, Says Report
“There is much need for impact investing in Africa to drive the continent to reach its full potential,” the report says, adding that impact investing can offer capital to tackle some of the greatest challenges across various sectors including microfinance, affordable healthcare and housing, agriculture and energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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A Country May Issue a Digital Currency in 5 Years
A new report says national digital currencies could mean greater financial inclusion, less financial crime and more efficient cross-border transmissions.
- Categories
- Finance
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China Plans Measures to Boost Revenues for Renewable Power Companies
Despite rapid expansion and a drastic fall in the cost of producing power, renewable firms are still struggling to produce power as cheaply as coal-fired plants.
- Categories
- Energy
- Region
- Asia Pacific
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Press Release: Bamboo Capital Partners Backs Amartha, a P2P Lending Platform for Micro-Entrepreneurs in Indonesia
Founded in 2010 by Indonesian entrepreneur Andi Taufan Garuda Putra, Amartha started as a microfinance institution before pivoting into Fintech P2P lending in 2016. Amartha’s mission is to connect aspiring unbanked micro-entrepreneurs in rural areas experiencing difficulties finding working capital with online lenders interested in making profitable, impactful investments.
- Categories
- Entrepreneurship
- Region
- Asia Pacific
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What Is Sustainable Finance? That’s a $4 Trillion Question for Investors
Major fund managers, including BlackRock Inc. and Amundi Asset Management, are running into a roadblock as they seek to put more money into emerging-market sustainable investments: a lack of common global definitions that would make it easier to identify what to buy.
- Categories
- Investing
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Q&A: PayPal CEO Dan Schulman Reveals Why He Withdrew From Facebook’s Libra Project
In October, PayPal became the first company to walk away from The Libra Association without citing a specific reason, only that it decided “to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations.”
- Categories
- Finance
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Press Release: More Than 250M Women Worldwide Are Entrepreneurs, According to the Global Entrepreneurship Monitor Women’s Report from Babson College and Smith College
Approximately 252 million women around the world are entrepreneurs and another 153 million women are operating established businesses, according to the Global Entrepreneurship Monitor 2018/2019 Report on Women's Entrepreneurship.
- Categories
- Entrepreneurship
- Tags
- entrepreneurship, gender gap, Women
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China Investors Back Africa-Focused Fintech Startup
OPay, located in Lagos, was incubated in 2018 by Opera, a Norway-based and Chinese-controlled online consumer icompany. OPay provides consumers with a wide range of services including mobile payments and transfers, ride-sharing and food delivery.
- Categories
- Finance
- Region
- Sub-Saharan Africa