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Nigerian Govt Rolls Out N1.6 Billion ‘National Women Empowerment Fund’
To facilitate growth and entrepreneurial development at grassroots level, and in line with the federal government's Social Investment Programmes, the Minister of Women Affairs and Social Development, Senator Aisha Jummai Alhassan has announced the roll out of a N1.6 billion naira special intervention fund tagged, 'National Women Empowerment Fund' (NAWEF), which is in partnership with the Ministry and Bank of Industry (BOI).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Zambian Mobile Money Startup Zoona Raises $15M, Eyes 10 African Markets
Zoona, one of the leading money transfer service providers in Zambia and Malawi, raised $15 million in its second round of capital funding as it seeks to spread its operations to ten countries across Africa by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Oxfam, Visa seek wider financial inclusion for disaster readiness
International humanitarian organization Oxfam and electronics payments company Visa called for wider financial inclusion to improve disaster preparedness and recovery among poor and vulnerable communities.
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- Uncategorized
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Kenya Commercial Bank, MasterCard Foundation enter into $30m partnership to lift two million farmers
At least two million smallholder farmers in Kenya and Rwanda are set to benefit from a $30 million partnership to promote financial inclusion between the Kenya Commercial Bank (KCB) Group and The MasterCard Foundation.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Zuckerberg Sells $95 Million In Facebook Stock For Philanthropic Organization
Facebook CEO Mark Zuckerberg has just sold a huge chunk of stock to fund his recently launched philanthropic initiative, according to a new regulatory filing on Wednesday.
- Categories
- Impact Assessment
- Region
- North America
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Marshaling Digital Cash for Humanitarian Challenges: Uniting Private, Public and Nonprofit
In addressing humanitarian crises, what unites us—a desire to save and improve lives—is greater than what divides us—outdated perceptions of the roles of aid vs. the private sector. By recognizing this, we can use digital preparedness to set building blocks on the road to resilience.
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- Uncategorized
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77 million women added to India’s banking system in 1 year
As many as 358 million Indian women (61 per cent) have bank accounts, up from 281 million (48 per cent) in 2014, the biggest jump for “banked” women among eight South Asian and African countries surveyed by Intermedia, a global consultancy.
- Categories
- Impact Assessment
- Region
- South Asia
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Financial Health Means More than Financial Inclusion
Here’s a sobering data point for you, courtesy of the recent EMERGE conference in New Orleans: 138 million people in the United States are financially unhealthy. They are not exclusively from the lower-income brackets, either. In fact, one-third of households with income of $100,000 (or more) struggle to manage their financial lives.
- Categories
- Uncategorized