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Intra-African Remittance Market Set to Soar in 2020
The World Bank estimates that migrant workers within Africa send remittances in excess of $14 billion dollars each year, and in 2018 intra-African remittances represented 20% of global remittance flows according to Ecobank Group.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Surprising Strategy Behind the Gates Foundation’s Success
The Gates Foundation’s giving is enormous — but it still pales in comparison to what governments spend on similar programming.
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Press Release: Global Partnerships and Acceso El Salvador Announce New Partnership to Further Improve the Opportunities and Incomes of Salvadoran Smallholder Farmers and Fishers Through Expanding Into High-Value Processing
Global Partnerships Social Investment Fund 6.0 issued a $750,000 USD loan to Acceso Oferta Local – Productos de El Salvador (“Acceso El Salvador”). Acceso El Salvador is the leading local agribusiness working with smallholder farmers and fishers to boost agricultural productivity, create job opportunities, and cement long-term market linkages.
- Source
- Press Release
- Categories
- Agriculture, Investing
- Region
- Latin America
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Remittances: Moving People Move Money
New innovations in digital technology are rapidly changing the global remittance landscape.
- Categories
- Finance
- Region
- Asia Pacific
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New Technologies Have Historically Led to Increased Inequality—Not Anymore
New developments can be an amazing social equaliser: 3D printing is democratising manufacturing, while mobile banking provides easy access to banking services and increases the earning power of small businesses. But access to technology often dictates what opportunities are available.
- Categories
- Technology
- Region
- South Asia
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Press Release: Financial Inclusion in West Africa Gets a Boost With New $10M Raise by Aella Fintech
For millions of poor and low-income households, entrepreneurs, and nascent businesses in West Africa without access to financial institutions, micro-lending fintechs like Aella provide a broader array of financial products — savings, insurance, payments and specialized loans, focused on lifting many out of poverty. Aella plans to use this funding to scale its lending operations and expand its product base into payments.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Q&A: Jean Case on Swimming With Sharks, Investing and Impact-Washing
Bloomberg recently spoke with Case about impact investing, her personal investing and the work she and husband Steve, former CEO of America Online, have done to encourage a more inclusive startup culture.
- Categories
- Investing
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Trump’s Latest “Visa Ban” Poses a Threat—and an Opportunity—to Nigeria’s Tech Ecosystem
While Nigeria is not the only country affected by the “ban”, it is, by far, the most high profile country affected by what the Trump administration describes as a penalty for unsatisfactory security and information sharing standards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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