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Crypto Titans Announcing Libra Clone Targeting 5.6 Billion for Financial Inclusion
Move over Libra. Facebook’s controversial stablecoin initiative has a new challenger that wants to change the financial system and reimagine how people can gain access to services. Fifty top companies in the cryptocurrency and blockchain industry have launched a new platform called Celo, an open blockchain that’s designed to drive significantly more financial inclusion by reaching people around the world – not through banks, branches and traditional institutions – but through 5.6 billion smartphones.
- Categories
- Finance, Technology
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Social Enterprise Ghana begins advocacy for impact investing policy
Social Enterprise Ghana with funding from BUSAC, DANIDA and USAID has begun advocacy to ensure policymakers and government pass and adopt the social enterprise and impact investing policy. According to Edwin Zu-Cudjoe, the Executive Director of Social Enterprise Ghana, the policy will enable the over 28,000 social enterprises operating in the country to be recognised as such and be able to register as social enterprises with the Registrar General's Department.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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GSMA Report: Big Gender Gap in Mobile Internet Access
The study finds that the mobile internet gender gap has narrowed and 54 per cent of women in low- and middle-income countries now use mobile internet, up from 44 per cent in 2017. However, the underlying gender gap in mobile ownership remains largely unchanged
- Categories
- Technology
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Press Release: Investors Back Field Intelligence on Transforming Healthcare Supply Chain
- Source
- Press Release
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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Accion, Quona Launch Us$203 Million Fund to Promote Financial Inclusion
This is Quona’s second fund and it has been christened as the Accion Quona Inclusion Fund.
- Categories
- Finance
- Region
- Latin America
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Gates Foundation, Wellcome, Mastercard launch $125M COVID-19 Therapeutics Accelerator
The Bill & Melinda Gates Foundation is teaming up with Wellcome and Mastercard to form the COVID-19 Therapeutics Accelerator, a $125 million effort to help find potential treatments for the coronavirus epidemic and future threats.
- Categories
- Coronavirus, Health Care
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Visa Partners With Paga on Payments and Fintech for Africa and Abroad
The collaboration reflects a strategy of the American financial services giant to expand in Africa working with the continent’s top startups.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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A New Mobile-Money Firm in Bangladesh Is Benefiting From Special Treatment
Since mobile money took off in Bangladesh nearly a decade ago, bKash has dominated the industry.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech
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