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Press Release: WorldRemit Sees Remittances To Zimbabwe Double in Six Months and Introduces New Retail Partnership With Ok Zimbabwe
Earlier this year, the World Bank forecasted that in the wake of the Covid-19 economic crisis, remittance flows to Sub Saharan Africa would fall by 23.1%. However today, WorldRemit, the global online money transfer service has reported that the demand for their remittance services to Zimbabwe continues to grow at an accelerated rate and has doubled in the last six months for the company.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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EDFI ElectriFI Invests in Candi’s PV Solar Solutions for Indian SMEs
EDFI ElectriFI invested EUR 2,68m junior debt in candi, a platform that finances, builds and operates solar solutions for SMEs in emerging markets, whereby the aim is to help customers improve their bottom line while at the same time creating a positive environmental impact.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- renewable energy, solar
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The Quest for Financial Inclusion in Sri Lanka
Financial Inclusion is essential for continuous and sustainable economic development, according to the IFC (International Finance Corporation). This is no exception for Sri Lanka despite showing strong numbers in bank penetration.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Positioning South Africa for a Green Recovery
Countries not adapting to a green transition will find themselves behind and excluded. They will be behind on the innovation curve, the cost curve and thus be laggards.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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African Money Transfer Firms Thrive as Pandemic Spurs Online Remittances
Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back home with modest earnings from a small perfume business he set up in South Africa. Then the pandemic struck. Borders closed. The buses he had used to send his cash stopped running.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Global Impact Investing Network Raises the Bar on the Real-World Outcomes of Impact Investing With a Focus on Impact Performance
Standardization of impact performance analytics will drive development of benchmarks and ratings.
- Categories
- Agriculture, Environment, Finance, Impact Assessment, Investing
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Why Is This Emerging Markets Bond Performing So Well?
While the case for environmental, social and governance (ESG) investing is almost a no-brainer given the sector’s recent performance and despite stricter measures on cracking down on ESG funds, emerging markets might be on the opposite end of the spectrum. Or are they?
- Tags
- ESG, impact investing
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Is COVID-19 Driving Growth in Digital Currencies?
With purchases and transactions increasingly moving away from cash and towards digital channels during the pandemic, both central banks and private institutions around the world are continuing to explore the potential of digital currencies.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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