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M-Pesa Mulls Joining Nigeria’s Mobile Money Market
Safaricom, a major player in the East African Telco market and mobile money operator, will be considering its prospects in the West African zone with Nigeria as the key driver.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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NGOs to be Grilled Over MFI Report in Cambodia
The National Bank of Cambodia and government yesterday cast doubt on a recent NGO report on microloans, demanding that those behind the critical claims provide evidence to support them in a closed-door meeting.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- microfinance
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BlackRock in Amazon: ‘World’s Largest Investor in Deforestation’
Of the 167 deforestation-risk companies identified by the researchers, BlackRock held shares in 61 of them - valued at $1.5bn by the end of last year.
- Categories
- Environment, Investing
- Tags
- impact investing
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TPG Lowers Fundraising Goal at Impact Fund After College Scandal
The initial hard cap for the second Rise Fund was $3.5 billion, according to filings, but was lowered in December to $3 billion, Bloomberg reported earlier this year.
- Categories
- Investing
- Tags
- ESG, impact investing
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EcoCash Bureau DE Change Launch to Spur Financial Inclusion in Zimbabwe
With a customer base of about 10 million, EcoCash will instantly dominate the bureau de change market share surpassing the combined transactions of more than 200 other licenced agencies countrywide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Goldman Sachs, Point72 and Others Invest $42 Million in Mexico’s Credijusto
Mexico has experienced a steady rise in startups aiming to use technology and mobile phones to sell financial services to poor and middle-class customers who do not use traditional banks.
- Categories
- Finance, Technology
- Region
- Latin America
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Xiaomi Banks on Phone Data for Finance Play in India
The stakes are high for the world’s fourth largest mobile phone vendor, whose business model relies on low-margin hardware sales with services as a key long-term profit centre.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- digital finance
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Can the Religious Robo Advisor Gain a Faithful Following?
Digital wealth managers, facing heightened competition, are turning to niche markets they believe are under-served. The latest? Faith-based investing.
- Categories
- Investing
- Tags
- impact investing
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