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GiveDirectly Loses $900,000 in DRC Mobile Cash Fraud
More than 1,700 families in DRC’s South Kivu province were impacted by the fraud scheme.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Fuel Subsidy: Nigerian Government Secures $800 Million World Bank Facility
The finance minister said the $800 million is the first tranche of palliatives will be transferred to 50 million Nigerians, who belong to the most vulnerable category of society.
- Region
- Sub-Saharan Africa
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Analysis: Can Africa’s Remittances Be Put to Long-Term Work?
How can African governments harness remittances to support infrastructural development and other long-term projects?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Madagascar to Expand Access to Social Protection for Extremely Poor Households Thanks to $250 Million in World Bank Financing
This new project will be implemented over a period of four years and will target extremely poor households throughout all of the 23 regions of Madagascar.
- Categories
- Education, Finance, Health Care
- Region
- Sub-Saharan Africa
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Pomelo Exits Stealth Mode With $20 Million Seed to Rethink International Money Transfer
Pomelo wants to make it easier to send remittance payments and conduct international money transfers, with a credit twist.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Ten Lessons From the Largest Scale Up of Cash Transfers in History
A new paper combines analysis of large datasets with a review of about 300 pandemic papers, evaluations, and practical experiences while focusing on a particular form of social protection – cash transfers.
- Categories
- Technology
- Region
- Global
- Tags
- cash transfers, fintech
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Crypto: What Can It Do for Those in Poverty?
From using crypto for fundraising for charity to providing food vouchers to refugees, the social sector seems increasingly open and ready to tap into this new form of digital cash.
- Categories
- Finance, Technology
- Region
- Global
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International Finance Corporation , Absa Partner To Boost Trade Finance in Sub-Saharan Africa
The International Finance Corporation (IFC) has welcomed South African financial services provider Absa Bank to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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