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Fighting poverty: Getting value for money from foreign aid
When a country is full of food, and exporting it, there can be no famine,” smoulders Hector Malone in George Bernard Shaw’s Man and Superman.
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Banishing poverty through banking
Access to financial services could pull millions of people out of poverty, so where does microfinance fit in?
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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SJF Ventures Raises $90MM Third Fund, Tripling Size of Previous Fund
SJF Ventures conducted the final closing on its third fund with more than $90MM in capital commitments, tripling the size of the previous $28MM second fund.
- Categories
- Uncategorized
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IFC, Others Invest $20m In Ghanaian Microfinance Bank
The IFC, the German Investment and Development Corporation (DEG), and the African Capitalisation Fund (ACF) have together invested about GH¢46 million ($20 million) into one of Ghana’s leading microfinance banks, UT Bank.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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World Bank: Africa’s economic growth to outpace average
Economic growth in sub-Saharan Africa should significantly outpace the global average over the next three years, according to the World Bank.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- poverty alleviation, scale
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World Bank proposes multi-billion plan to reduce poverty in India
The World Bank has come out with a multi-billion ($12-20 billion) four-year plan aimed at bringing down poverty levels in seven low-income Indian States.
- Region
- South Asia
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New apps transforming remote parts of Africa
For generations, breeding cows in the rural highlands of Kenya has hinged on knowledge and experience passed down from parents to children. But Mercy Wanjiku is unlike most farmers. Her most powerful tool is her cell phone, and a text messaging service called iCow.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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World Bank chief calls for ending extreme poverty by 2030
World Bank President Jim Yong Kim called for a commitment by the international community on Tuesday to end extreme poverty by 2030 and to improve the lives of the most vulnerable people living in developing countries.