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Mobile money and digitized payments have few takers in India
Lack of awareness and difficult access are the main hurdles
- Categories
- Education
- Region
- South Asia
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Kenya, Uganda, Rwanda working on cross border mobile money platform
East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by central banks.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Impact investor money chasing very few investible companies in India
Venky Natarajan, Managing Partner at impact investment fund Lok Capital, speaks to BUSINESS TODAY about impact investing in India.
- Categories
- Uncategorized
- Region
- South Asia
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Tanzania: Missing Link Between Economic Growth, Poverty Reduction
THE much celebrated economic growth in Tanzania and other African countries that are said to make good progress can only have a meaning if there will be myriad poverty alleviation indicators.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies
WASHINGTON, July 1 -- World Bank issued the following news release:The World Bank'sBoard of Executive Directors approved today a US$500 millionFinancial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia's policies aimed at reinforcing the stability of the financial system, diversifying the financial sector, and expanding financial inclusion to reach the poor and other underserved groups.
- Categories
- Uncategorized
- Region
- South Asia
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Ugandan banks look to expand reach through agents
At least six banks have expressed interest in using agents to reach out to people outside the formal banking institutions, Bank of Uganda has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Orissa-based Milk Mantra raises $13M in Series C led by Fidelity Growth Partners
The transaction also had a secondary component where 25 angel investors and an old fund under Aavishkaar have exited.
- Categories
- Health Care, Impact Assessment
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Consumer Federation of Kenya fights off claim of bias in mobile money war
Pressure is mounting on the Consumer Federation of Kenya ( Cofek) to stop opposing the award of licences to Equity Bank and two other Mobile Virtual Network Operators (MVNOs) and support the venture.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa