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Equity Bank, Safaricom in clash that could affect Mpesa’s future
Kenya: The black swan theory provides an interesting way of looking at the business world. But for many entrepreneurs and corporate leaders, this theory — which describes an event that comes as a surprise and has a major effect — is yet to be ingrained in their way of life. And this is despite the fact that innovations that turn the world of business upside down often, if not always, come from “unexpected” quarters.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Impact Investing in India: Poised to Grow?
Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
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- Uncategorized
- Region
- South Asia
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Tanzania: Better Credit Facility in Pipeline
MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Social Enterprise In Haiti Transforms The Lives Of Peanut Farmers
The Clinton Giustra Enterprise Partnership recently announced the launch of its latest social enterprise. Called Acceso Peanut Enterprise Corp., it’s aimed at the more than 12,000 small holder peanut farmers in Haiti.
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- Uncategorized
- Region
- Latin America
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Injecting healthcare into Nairobi’s slums
What is the significance of seven seconds?
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- Health Care
- Region
- Sub-Saharan Africa
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South Africa’s cashless future relies on localisation, not innovation
South Africa’s perceived ‘failure to launch’ in respect to mobile money needs to be put into a global context. In the latest MasterCard Mobile Payments Readiness Index, only four countries – Singapore, Canada, the US and Kenya – score higher than 40 out of a possible 100. The inflection point, according to the report, sits at 60, highlighting the fact that in most cases mobile payments has been a solution looking for a problem.
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- Technology
- Region
- Sub-Saharan Africa
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Kenya’s mobile innovation brings digital money closer
Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
- Categories
- Uncategorized
- Region
- South Asia
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