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Africa Makes Leap in Cross-Border Mobile Payments
New partnerships aimed at getting a bigger slice of the $48 billion Africans sent and received last year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Financial Power of the Group: How demand aggregation can enable consumer financing for renewable energy products
Salt farmers in Northern India use diesel pumps to help them harvest salt from sea water. They run these pumps for over 16 hours a day, which means up to 60 percent of their income is spent on fuel costs. Solar pumps could substantially increase their income, so Dalberg explored financing options that could make these pumps accessible. They discuss demand aggregation, one particularly promising solution.
- Categories
- Agriculture, Energy
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Peru Government Installs National Strategy for Financial Inclusion
As the Peruvian Finance Minister, Alonso Segura, declared last December, social inclusion is “the foundation of Peru’s growth.” To make this possible, they increased the budget for social inclusion programs for the current year by 20%.
- Categories
- Impact Assessment
- Region
- Latin America
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Mobile Money: 4 Services Tackling Wealth Inequality in Africa
While mobile money services are available in 89 countries globally, nowhere are they having more of an impact than in Africa, where 12 percent of adults have mobile money accounts, compared with 2 percent worldwide.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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June’s Most Popular Posts on NextBillion: From microfinance ‘haters’ to M-PESA challengers
Our most-read and most-shared posts for the month of June included an impassioned riposte in the microfinance debate, an analysis of changes in Kenya’s world-leading mobile money market, and appreciation for the value of health microinsurance.
- Categories
- Health Care
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Global Funds Make a Beeline for Indian Banks, Finance Firms; $1.46 Billion Investment Made in 6 Months
Finance and banking firms, big and small, are raising large sums of money from foreign investors jousting for a slice of action in the world's fastest-growing major economy.
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- Uncategorized
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Gates Foundation’s Kosta Peric on Blockchain Tech and the Unbanked
For Kosta Peric, overcoming finance's last mile means looking for ways to do so from the ground up.
- Categories
- Uncategorized
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Solving Customer Service Issues in Digital Finance: The can-do/must-do list
Customer service issues need to be high on the agenda of providers intent on achieving high levels of registered uptake and usage of digital financial services. It is also clear that responding to the most common challenges is no easy matter, even for the most committed provider.
- Categories
- Technology
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