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World Bank Group to Deploy $160 Billion for COVID-19 Interventions
The Bank expects to deploy up to $160 billion over 15 months through June 2021 to support countries’ responses to COVID-19.
- Categories
- Coronavirus
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Covid-19: Africa Secures About 300 Million Vaccine Doses
300 million doses are being secured independently of the global COVAX effort aimed at distributing Covid-19 vaccines to lower-income countries.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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SME Health Providers in Five African Countries Get US $30 Million Funding From Health Finance Coalition
Private and small- and medium enterprise (SME) health providers in five high malaria burden African countries are set to benefit from a new emergency loan guarantee facility of more than USD$30 million under the Open Doors African Private Healthcare Initiative
- Categories
- Coronavirus, Health Care
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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Bangladesh Garment Suppliers Hit Hard by Late Payments
47 percent of businesses admit to paying suppliers late, data from the Tungsten Network and the Institute of Finance and Management (IOFM) revealed, as recently reported by Material Handling & Logistics News.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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2020 MOST INFLUENTIAL ARTICLE CANDIDATE: Businesses Behaving Badly: The Troubling Parallels Between Microfinance and Facebook
Chuck Waterfield left microfinance five years ago, after working in the sector for three decades. He stopped using Facebook three years ago, after using the platform for about 10 years. As he explains, he left them both for a similar reason: Their business models have grown increasingly problematic over time – and without external intervention, things are likely to get worse.
- Categories
- Finance, Technology
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The Big Impact of Small Improvements: How Last-Mile Distributors Have Responded to COVID-19 with ‘Incremental Innovation’
Distributing beneficial products in last-mile communities has always been difficult, but COVID-19 has made it much harder, exacerbating many of the challenges that last-mile distributors were already facing. Emma Colenbrander and Gerwin Jansen at the Global Distributors Collective explore innovative solutions to some of these challenges, many of which have tended to be incremental rather than radical.
- Categories
- Coronavirus, Entrepreneurship, Technology
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Pandemic Draws More Latin American Poor Into Banking System
Sonia Fierro has lived her entire adult life selling children’s books on the streets of Colombia’s capital, earning wages that barely cover her living expenses, let alone the monthly fees that come with a bank account.
- Categories
- Coronavirus, Finance
- Region
- Latin America
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