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Emerging-Market Banks Looking at Sustainability-Linked Bonds, HSBC Says
Banks in developing nations are looking at a new bond type as a way into the booming socially responsible debt market, according to HSBC Holdings Plc.
- Categories
- Environment, Finance, Investing
- Tags
- ESG, sustainable finance
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Minigrid Company Husk Nabs $5 Million in Funding
Husk Power Systems, a minigrid company that focuses on India and Africa, has received a $5 million investment from FMO, a Dutch development bank.
- Tags
- innovation, scale
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Moody’s: New Technologies Deepening Financial Inclusion Across Emerging Markets
Technology is deepening financial inclusion throughout emerging markets in Africa, Latin America, and Asia, as it creates greater accessibility to financial services for new and traditionally underserved customers, Moody’s Investors Service said in a report today.
- Categories
- Finance, Technology
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MTN and Airtel Uganda Suspend Mobile Money Services After Massive Hack
Telecom giants, MTN and Airtel Uganda have temporarily suspended all mobile money service transactions between their networks after unidentified hackers compromised their systems.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Microlenders in India See Light at End of Tunnel; Collection Rates Inch Back To Pre-COVID Levels
Collection rates are picking up, so are disbursements of small loans. Rural entrepreneurs, who suffered most due to COVID, are tweaking their small business strategies to adjust to the new normal.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Salesforce Ventures Launches $100 Million Impact Fund To Invest in Cloud Startups With Social Mission
When Salesforce Ventures launched the first $50 million Impact Fund in 2017, it wanted to invest not only in promising cloud businesses, but startups with a socially positive mission
- Categories
- Finance, Investing, Technology
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Press Release: Tideline Launches Impact Verification Business, “Bluemark,” To Strengthen Trust and Accountability in Impact Investing
The Rockefeller Foundation and Radicle Impact have agreed to be founding investors in BlueMark
- Categories
- Environment, Finance, Impact Assessment, Investing
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The Nepal Banking Sector Deposits Rs 280 Million (USD 3.8 Million) in COVID-19 Fund After Central Bank Directive
As per revised unified directives, banks and financial institutions can also contribute the fund to protect and treat their employees.
- Categories
- Coronavirus, Finance, Investing
- Region
- Asia Pacific