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18th Microcredit Summit Campaign Announces Declaration on Economic Empowerment and Social Inclusion
Organised jointly by Khalifa Fund for Enterprise Development, the Arab Gulf Programme for Development (AGFUND), and the Microcredit Summit Campaign, the summit gathered 1000 global policy makers, central bank managers and microfinance experts to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Abu Dhabi to Welcome Global Policy Makers and Microfinance Experts at Microcredit Summit
Global policy makers and microfinance experts will convene in Abu Dhabi from March 14th to 17th to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Gross Loan Portfolio Increases 39.3% in Pakistan’s Microfinance Sector
The gross loan portfolio of the microfinance sector increased 39.3% year on year (YoY) to reach Rs93 billion at the end of 2015.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- lending, microfinance
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Report: 100 Million Adults Don’t Have Access to Financial Services in Pakistan
A World Bank report issued from Washington says about 100 million adults in Pakistan do not have access to formal and regulated financial services. This number accounts for about five per cent of the world’s unbanked population which stands at two billion.
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- Uncategorized
- Region
- North Africa & Near East
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Egyptian Government and Visa Sign Agreement to Help Bring Electronic Payments to Government Subsidies
The Egyptian government, represented by the Ministry of Supply and Internal Trade and the Ministry of Planning, this week signed a Memorandum of Understanding (MOU) with Visa Inc., to enable electronic payment of government subsidies to 22 million Egyptian families.
- Categories
- Technology
- Region
- North Africa & Near East
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Viewpoint: How Mobile Banking Can Protect Refugees
“Mean spirited”, “inhumane” and desecrating the spirit of the Refugee Convention are some of the milder criticisms levelled at Denmark’s harsh new asylum laws, passed last week. Among new measures is a decision to strip new arrivals of any cash and valuables worth more than 10,000 kroner (US$1,450), purportedly to pay for their upkeep. Switzerland and some southern German states have introduced similar policies.
- Categories
- Technology
- Region
- North Africa & Near East
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New IFC Report Examines Challenges to Microfinance in the Arab World
A new study from IFC, a member of the World Bank Group, has found that external risks, security concerns, and over-indebtedness are perceived as the most serious challenges facing the microfinance sector in the Arab World.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Curing Hepatitis C, in an Experiment the Size of Egypt
Abdel Gawad Ellabbad knows exactly how he was infected with hepatitis C. As a schoolboy in this Nile Delta rice-farming village, his class marched to the local clinic every month for injections against schistosomiasis, a parasitic disease spread by water snails.
- Categories
- Health Care
- Region
- North Africa & Near East
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