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Q&A: Bill and Melinda Gates expand on 3 surprises from annual letter
Of the surprises they’ve been confronted with along their journey to philanthropy, the Gates write: “Some worry us. Others inspire us. All of them are prodding us to action. We hope they do the same for you, because that’s how the world gets better.”
- Categories
- Finance
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Africans continue to lead the way on mobile money
“Going forward it is expected that the mobile phone will continue to play an important role in the future of payments in Africa,” said Paul van der Knaap, Global Director of Strategy and Business Development for G4S Cash Solutions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Giant US teacher’s pension backs new female- and minority-led activist fund with $250 million
The sizable — and lengthy — capital commitment from the largest educator-only pension will allow the firm, Impactive Capital, to begin investing.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Kenyans borrowed a record $620 million in just one month on Safaricom’s Fuliza overdraft service
Kenya’s Safaricom subscribes borrowed a record Sh6.2 billion ($620 million) in just one month on the Safaricom’s Fuliza overdraft service, clearly demonstrating a huge demand for instant, micro-loans in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Uganda’s social media tax is leaving people disconnected — and failing to meet revenue targets
Prior to the tax's implementation, 47.4 percent of people in Uganda were using the internet. Three months after the tax was put in place, that number had fallen to 35 percent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press release: OPIC President and CEO Washburne to Leave Agency after Successful Modernization Push
"When I first came to OPIC, I committed to building and strengthening the organization. So I am tremendously proud of the work we accomplished with the Trump Administration and Congress to advance the Better Utilization of Investments Leading to Development (BUILD) Act into law, which experts have called the biggest advance in U.S. development policy in a generation."
- Source
- Press release
- Categories
- Finance
- Region
- North America
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Press release: The Skoll Foundation Announces New CEO Donald H. Gips
The Skoll Foundation Board of Directors today announced the appointment of a new CEO: former Ambassador to South Africa Donald H. Gips. With a diverse career spanning public service, business, politics, finance, and technology, Gips brings a depth and breadth of experience to both sustain and elevate the Skoll Foundation's work supporting social entrepreneurship to create lasting global social impact.
- Source
- Press release
- Categories
- Uncategorized
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Average deposits in Indian PM Modi’s Jan Dhan accounts jump by over 145%
Prime Minister Narendra Modi’s ambitious financial inclusion programme – Jan Dhan scheme, which was once criticised for zero balance or no deposits in a large number of accounts, has been gradually changing the saving behaviour of poor and rural people in the country.
- Categories
- Finance
- Region
- South Asia
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