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The Lower Solu hydroelectric power plant aims to provide electricity to roughly 2 million Nepalese households. The $142 million project, financed through development bank and impact investment financing, is one of the largest-ever foreign investments in Nepal’s history. An interview with the project manager on the energy impact.
Development, Impact Investing Pour into Nepal’s Biggest Hydropower Project: The $142 million investment could power 10 percent of the countryNews
THE relationship between East African neighbours Kenya and Tanzania is a complex one, frequently eluding neat analysis, but two things reliably capture the prevailing spirit: tour vans and Kenya Airways.
When Neighbours Quarrel: How M-Pesa Could Improve Tanzania-Kenya RelationsBlog Post
As mobile access has exploded worldwide, smartphone ownership has skyrocketed among low-income Americans, spawning countless personal finance apps for the underserved. These apps can provide services, offer timely guidance, and help users achieve financial goals. CFSI discusses how developers can create apps that improve financial health, while surviving in a cutthroat market.
It’s Hard Out Here for a Personal Finance App: CFSI offers tips on creating a successful app for the underserved in a tough competitive landscapeNews
Bengaluru-based Artoo IT Solutions, which has developed a financial customer relationship management solution for the financial sector, has raised $500,000 (Rs 3.1 crore) in Series A round of funding from Accion Venture Labs and Switzerland-based Rianta Capital Zurich's Artha Initiative.
Artoo IT Solutions Raises Rs 3.1 crore Series A Funds From Accion Venture Lab, Artha InitiativeNews
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial HubBlog Post
USAID recently highlighted the MultiSense Memory patch – basically a smart Band-Aid – for its potential in fighting infectious diseases like Ebola. The company that makes the patch, Rhythm Diagnostic Systems, believes it has many more uses.
Wireless Warning: Firm behind Band-Aid-like wearable joins Ebola fight, eyes other marketsBlog Post
M-Shwari, a mobile service that offers access to formal credit and savings in Kenya, has received tremendous attention from the media, as well as praise from digital financial services advocates. But has this attention led to strong consumer awareness, and if so, has that awareness translated to improved financial access? InterMedia shares the results of their long-term evaluation.
NexThought Monday – Everybody Loves M-Shwari: So why isn’t everybody using the mobile banking service?Blog Post
Ah spring (at least in this hemisphere). The snow has melted, the buds are starting to open and the birds are chirping. So are the Twitter birds, of course. Here are a few good eggs from the week that we’ve gathered into our nest.
Twitter Sunday
