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Fintech Adoption up 64% With India and China in the Lead
Fintech adoption rate has risen to an average of 64% this year, with emerging markets like China and India leading the way, according to a report by Ernst & Young (EY).
- Categories
- Finance
- Tags
- fintech
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You Can Now Invest in a ‘Racial Justice’ Index Fund
The new “Racial Justice” criteria joins more than a dozen other causes promoted by OpenInvest’s indexing technology—which allows investors to prioritize values including gender equality, LGBTQIA+ rights, and ethical supply chains and also combat issues like fossil fuels, deforestation, and greenhouse gas emissions, among others.
- Categories
- Investing
- Tags
- ESG, fintech, impact investing, startups
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Kenya Is Mobile Cash King but Ghana and Rwanda Lead in Reach
This means that seven out of every 10 Kenyans are using their mobile phones to access their bank accounts for services to save or get loans coinciding with a change by the lenders and micro-financiers to adopt mobile and digital platforms that cut on operational costs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Sistema.bio Raises $12 Million to Help 200,000 Farmers Worldwide Including India
The social enterprise is planning to impact 200,000 smallholder farmers in India, Mexico, South America and Kenya, with the biodigester technology in the next three years.
- Categories
- Agriculture
- Tags
- agtech
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Press Release: Mastercard and USAID Extend Relationship to Support Women Entrepreneurs
“At the U.S. Agency for International Development, we know that investing in women builds resilient, self-reliant, and prosperous societies,” said Mark Green, USAID Administrator. “USAID's partnership with Mastercard will accelerate the achievement of these goals by leveraging the collective resources and expertise of the U.S. Government to unlock the full economic potential of women around the world.”
- Categories
- Finance
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Tech Companies See Big Opportunity in an ‘Undercounted and Underestimated’ Africa
Ntshingila said that as a technology company, Facebook’s biggest aim in Africa is to bring people online. Facebook has 145 million users on the continent with the highest percentage accessing the social media site via mobile phone compared to any other region in the world.
- Categories
- Technology
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Press Release: First-Of-Its-Kind U.S. Government Blended-Finance Fund to Empower Women in Developing Markets
The WAM fund is a blended-finance vehicle designed to attract private capital in developing markets by offering protection to commercial investors by lowering the risk of loss. This blended-finance approach seeks to catalyze capital to create a $100 million fund to invest specifically in women’s financial inclusion.
- Categories
- Finance
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Report: Mobile Money Transfers Remain Costly for the Poor
Kenya is among the top five African countries in mobile penetration, even though the cost of mobile transactions remain high for poor households and businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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