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Winning the Low-Income Market: Assessing the State of Product Development in the Nigerian Financial Service Industry
Nigeria's financial inclusion goals have gone unmet, and the COVID-19 pandemic has slowed progress even further. Olayinka David-West and Ibukun Taiwo of the Sustainable and Inclusive Digital Financial Services initiative of the Lagos Business School share the results of their 2020 study on the state of the Nigerian market, exploring the product development practices of the country's financial service providers – and how they could be improved.
- Categories
- Finance
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Minu, a Mexico City-Based, Pay-on-Demand Startup, Lands a $14 Million Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
- Categories
- Finance, Technology
- Region
- Latin America
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Alorica Shares Corporate Social Responsibility Momentum, Including $6.5 Million Employee-Driven Donation Milestone
Alorica is a U.S. minority-owned business enterprise (MBE) and the largest minority-owned BPO company in the world.
- Categories
- Investing
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Press Release: EDF Group Is Stepping up Its Distributed Solar and off-Grid Business in Kenya
The EDF Group is strengthening its position on the Kenyan market by acquiring shares in Econet Energy Kenya and Bboxx Kenya. The two investments illustrate the dynamism of EDF's activities in Africa, which have been growing steadily for the past 4 years.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Women in Rural Rajasthan Plug the Last- Mile Gap Between Consumers and Sellers
Frontier Markets is technologically enabling rural women to use their social network and social capital in the village to book orders
- Categories
- Technology
- Region
- Asia Pacific
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Codecademy Eyes the Enterprise With $40 Million in New Capital
After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures.
- Categories
- Education
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[Updated] Erudifi Raises US $5 Million Series A to Grow Its ‘Study Now, Pay Later’ Model in Indonesia, Philippines
[Updated] Erudifi Raises Us$5m Series a to Grow Its 'Study Now, Pay Later' Model in Indonesia, Philippines
- Categories
- Education, Technology
- Region
- South Asia
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Addressing COVID-19 While Building Long-Term Capacity: Trends and Opportunities in Africa’s Growing Pharmaceutical Markets
The African pharmaceutical market’s estimated worth is between US $40 – $65 billion, but it remains largely untapped, with a heavy reliance on imports. According to Biodun Awosusi at Health Systems and Development Enterprise, the COVID-19 crisis shows the urgent need to unlock new partnerships and investments to accelerate the local production of medical supplies, medicines and vaccines, which could save lives and create jobs. He explores how Africa’s pharmaceutical sector is responding to the pandemic, and how it could be strengthened for the longer term.
- Categories
- Coronavirus, Health Care
