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Someone wrote a fake letter pretending to be BlackRock CEO Larry Fink and some reporters got duped
A BlackRock spokesman pointed to the company's official Twitter account: "Don't be fooled by imitations...Larry's real CEO letter coming soon," the firm tweeted on Wednesday.
- Categories
- Investing
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Microcredit was a hugely hyped solution to global poverty. What happened?
Studies have shown it hasn’t really lifted people out of poverty. But it’s still made a difference in the lives of the poor.
- Categories
- Finance
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Mobile lenders drive microfinance entities to early grave
The zenith of microfinance lending in Kenya, as perfected by institutions such as Kenya Women Microfinance Bank saw many poor borrowers saddled with untenable debts.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: The incoming World Bank president should be committed to global development goals
The change in World Bank president presents an opportunity to appoint someone who will implement global development goals, say Eurodad’s Maria Jose Romero and Cecilia Gondard.
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Flutterwave and Visa launch African consumer payment service GetBarter
The app-based offering is aimed at facilitating personal and small merchant payments within countries and across Africa’s national borders.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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WorldRemit set to boost Ethiopia’s remittance income
“We are proud to be a pioneering bank in modernizing Ethiopia’s payment systems. The various e-payment facilities deployed have enabled us to become the number one provider of technology-based banking services,“ CBE President Bacha Gina said.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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A new lease of life: How Bempu’s innovative wristband is saving thousands of babies
A bracelet meant for infants, it monitors their temperature whereby parents get alerted with an audio-visual alarm when their baby gets dangerously cold.
- Categories
- Health Care, Technology
- Region
- South Asia
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The latest frontier of China’s mobile payments boom is prisons
Alipay, digital payment giant Ant Financial’s mobile platform, confirmed on Monday (Jan. 14) that it has rolled out a new feature allowing prisoners to receive and spend money.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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