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New partnership to boost financial inclusion in the Democratic Republic of the Congo
FSD Africa and Equity Bank Congo have entered into a new partnership that targets unbanked people in rural areas in the Democratic Republic of the Congo.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Report: Sub-Saharan Africa 2nd worst region in mobile gender gap
"Mobile access and use has grown dramatically in LMICs [low- and middle-income countries] in recent years, but not equally. A gender gap in both mobile ownership and mobile Internet use persists across these markets, and is significantly wider in certain regions, particularly South Asia and Sub-Saharan Africa," the report says.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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JPMorgan rolls out low-fee, checkless, no-overdraft accounts
Thasunda Duckett, chief executive of Chase Consumer Banking, said she hoped the new accounts will attract more low-income individuals and people who have never had bank accounts.
- Categories
- Finance
- Region
- North America
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Lending to Rwandan Farmers Boosts Financial Position of MFIs
With commercial banks shying away from financing the agriculture sector because they consider it to be highly risky, MFIs remain the biggest lenders to farmers--especially smallholder farmers.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Can South Asia be a fintech leader?
The World Bank reckons 560 million people, including 180 million in Pakistan and Bangladesh, are detached from the financial system. Perfect, you would think, for nimble mobile money services or challenger banks.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- digital finance, fintech
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Impact Investing Must Hold Chinese Companies to Same Ethical Standards
As China stocks gain foreign investors, their ESG impact should be assessed lest global investors practice hypocrisy.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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NatSave, Mastercard partner to drive digital transformation and financial inclusion in Zambia
The partnership supports Zambia’s National Financial Inclusion Strategy 2017 to 2022, which aims to increase financial inclusion from 59 per cent to 80 per cent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Bill McGlashan’s firing exposes hypocrisy in impact investing
McGlashan, who was once described by the New York Times as resembling "a Buddhist monk," led a multibillion-dollar investing vehicle designed (among other things) to "expand access to educational attainment." Simultaneously, he was allegedly spending $250,000 of his own money to bribe his son's way into a selective university.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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