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Dollar by Dollar or Goat by Goat: How Financial Health Translates Across Oceans
The Center for Financial Services Innovation, in partnership with the Center for Financial Inclusion at Accion and funded by the Bill & Melinda Gates Foundation, explored how a U.S.-oriented financial health framework could translate into a developing world context. They discovered that the concept of financial health resonates just as strongly in lower-income countries as it does in the United States.
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- Uncategorized
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Social Business Roundup: The Problem with Sachets, the Beauty of Rats and the Dark Side of Cross-Selling
Everyone seems to love the products in individually-sized sachets being sold at the BoP ... except for Mother Nature. Ethiopia's only too happy to roll out the welcome mat for some rats with amazing TB-sniffing skills. A questionable cross-selling strategy in South Africa harms a vulnerable population and raises uncomfortable questions about financial inclusion. It's all part of our weekly Social Business Roundup.
- Categories
- Environment, Health Care, Social Enterprise, Technology
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Ecobank plans to use its app to make traditional bank accounts relevant in Africa
For the past 15 years, the growth of mobile phones in Africa has helped fill the void poor banking infrastructure has created – with the technology being used to address the needs of the unbanked.
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- Technology
- Region
- Sub-Saharan Africa
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World Bank Announces $57 Billion Fresh Investment in Nigeria, 52 Others
The World Bank, yesterday, announced fresh investment of $57 billion in Nigeria and the 2 other countries in the sub-Saharan African region. This was disclosed in a statement issued by the global multilateral agency after a meeting with G20 finance ministers and central bank governors.
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- Investing
- Region
- Sub-Saharan Africa
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South Africa’s Energy Schizophrenia: Why Hasn’t the Country Achieved Affordable Power for the Poor?
There are vast extremes between the energy rich and poor in South Africa, despite the country's great potential to make energy universally available. A new report by Impact Amplifier examines the reasons behind the discrepancies and describes five energy access business models for low-income communities: biogas, solar home systems, mini/micro grids, solar kiosks and solar appliances.
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- Energy, Environment
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Social Business Roundup: A Defiant Asset Manager, Salty Doorknobs and Who Has it Worse?
This week in social business, the world's third-largest asset manager is pressuring companies to add more women to their boards; a Nobel Prize winner's ponderings on inequality within nations might make you rethink life in America; and salt earns a chance to be a hero – for a change.
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- Energy, Environment, Health Care, Investing
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Small finance bank licensee Disha’s parent raises Rs500 crore
Fincare Business Services Ltd (Fincare), a financial inclusion platform, on Tuesday announced that it has closed a Rs500 crore transaction with investments from private equity investors TA Associates, True North, Tata Opportunities Fund and LeapFrog Investments.
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- Uncategorized
- Region
- South Asia
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Africa leads in creating resilient women entrepreneurs – Mastercard Index
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) this week, it was revealed that 34.8 percent of businesses in Uganda are owned by women, making it one of the top performing African countries highlighted in the index.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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