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Nigeria Launches National Bank Verification Scheme
VENTURES AFRICA – As part of the financial inclusion policy of the Financial Sector Strategy (FSS) agenda of ensuring Nigeria becomes one of the top 20 largest economies in the world by 2020, the Central Bank of Nigeria (CBN) has advised bank customers in Lagos to register and obtain their Bank Verification Number (BVN).
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- Uncategorized
- Region
- Sub-Saharan Africa
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A Really Inconvenient Truth: The documentary “Spent” raises awareness of low-income Americans’ financial plight – but are banks really to blame?
To help spark a national dialogue about improving financial services, American Express sponsored the documentary "Spent: Looking for Change." Produced by the director of "An Inconvenient Truth," the film profiles struggling Americans who are ill-served by the financial industry. But it also illustrates another hard truth: our choices can impact our financial health more than our banks can.
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- Uncategorized
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Safaricom finally agrees to open up M-Pesa agent network
Mobile network Safaricom, which runs M-Pesa, has unexpectedly agreed to open up its agency network across the country to its rivals.
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- Technology
- Region
- Sub-Saharan Africa
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Mobile Banking Rises Across the Globe
Emerging countries such as China, India and Bangladesh witnessed significant growth in the past 12 months, the Juniper study found.
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- Uncategorized
- Region
- South Asia
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OPINION: Bank accounts for all won’t bring financial inclusion to India
Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
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- Uncategorized
- Region
- South Asia
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Tanzania: Better Credit Facility in Pipeline
MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Clay Fridges That Keep Food Cool Without Electricity
This food storage box won't replace a refrigerator. But it'll help keep food fresh for people who don't have one.
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- Impact Assessment, Technology
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Developing Africa Through Effective, Socially Responsible Investing
VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
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- Uncategorized
- Region
- Sub-Saharan Africa