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How SME financial access in Africa compares to other developing economies
Africa is the world’s second fastest growing region after Asia, and has seen increasing interest from foreign and African investors. However, access to finance is – in general – still a major limitation for many African small and medium enterprises (SMEs).
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Access to Basic Banking Is a Crisis for 40 Million Americans
Some 2.5 billion people have no access to basic financial products like insurance and credit cards. Fixing that would fix a lot of the world's poverty problems.
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- Education
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Why Mobile Wallets Won’t Work in India… Yet: The need is there, but obstacles remain
India has more competing mobile network operators than any other country, and it’s one of the largest and fastest growing mobile markets in the world. It’s also one of the most problematic countries for financial inclusion, with half the population lacking access to formal banking services. Mobile banking seems like an obvious solution, but as Ritesh Dhawan of MicroSave explains, implementing that solution is not so simple.
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Mobile Banking Moves Ahead in Nigeria
As a result of the innovation in the Nigerian payment system, mobile phones have rapidly become a major medium for banking and payment for transactions, writes Nume Horsfall.
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- Sub-Saharan Africa
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Small business financing companies can play much bigger role in financial inclusion in India
For that, there is an immediate need for formation of an independent regulator to formulate framework for sustainable and better functioning of Small Business Financing Companies (SBFCs) that has been doing a wonderful work for promoting growth of small business in India, senior Bharatiya Janata Party (BJP) leader Yashwant Sinha said.
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- Region
- South Asia
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World Bank: Crowdfunding Investment Market to Hit $93 Billion by 2025
Crowdfunding has come a long way since 2008, when a group of UC Berkeley MBA students launched Indiegogo. It’s now a multibillion-dollar industry growing literally exponentially and worldwide
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Israeli hackers with a conscience
Tel Aviv hackathon aims to show that technology can help the world's poorest people - and make a profit.
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- Region
- North Africa & Near East
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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