-
Orange Extends Africa Remittance Links
Orange added Morocco and Burkina Faso to the list of mobile money destinations its customers in France can remit funds directly to, a move it stated would cut consumer costs and increase the speed of transactions between the markets.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
What Is Celo and Could It Succeed Where Libra Won’t?
Celo promises to be a stablecoin to rival Libra. While unlikely to be regarded with the same distrust as Facebook’s much-maligned digital currency, Celo will still have its share of challenges relating to regulation and scale.
- Categories
- Finance, Technology
-
Why Zimbabwe Has Banned Foreign Currencies
Zimbabwe's government has taken the controversial decision to ban local trading in foreign currencies, including the US dollar, with immediate effect.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Trump commits to reforming US development finance
The idea that the U.S. may get a new or reformed development finance corporation, which Devex previously reported, seems to be gaining momentum both in the administration, with this speech, and in Congress.
- Categories
- Investing
-
Do Credit Guarantee Schemes encourage banks to lend to SMEs?
A lack of access to adequate finance is one of the biggest constraints SMEs face worldwide. It is estimated that between 50% to 70% of SMEs in emerging markets are either not funded or under funded by the formal financial sector.
- Categories
- Uncategorized
-
Press Release: New Report Details How Central Banks and Development Finance Institutions Try to Affect the World’s Environmental, Societal, and Financial Systems
Central Bank and Development Finance Institution Approaches to Investing in Global Systems analyzes six central banks (including two U.S. Federal Reserve System regional banks), seven DFIs, and one microfinance bank, all of which are known to be incorporating environmental, societal, or financial systems-level considerations into their programs.
- Categories
- Uncategorized
-
One Million Colombians Entered the Formal Financial System for the First Time in 2016
Of those who were added to that total last year, more than half were women and more than 70% were between the ages of 18 and 40.
- Categories
- Uncategorized
- Region
- Latin America
-
Entrepreneurs Are the Same Person All Over the World. And That’s a Good Thing.
Steven R. Koltai, an entrepreneur and international development expert, believes the U.S. and other powerful nations should give to seed funds and invest in accelerators for foreign startups because "entrepreneurs are the same person all over the world." They aren't interested in socio-political and religious grievances that lead to violence and war, he says, but are a "bridge" class of people, capable of linking nations and cultures.
- Categories
- Entrepreneurship, Investing
Parent Organization
