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International Finance Corporation Proposes $1.5 B Annual Investment in Nigeria
The International Finance Corporation IFC), which is the private sector arm of the World Bank, has unfolded plans to commence an annual investment of $1.5 billion in critical sectors of the Nigerian economy.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Opportunity International & The MasterCard Foundation Plan To Help 7M Out of Poverty With $22.7M Partnership
Opportunity International is a non-profit microfinance organization established in 1971. Over the last 42 years OI has provided $6 billion in microfinance loans and has reached over 5 million clients in 22 countries. In 2009, The MasterCard MA -1.08% Foundation and the Bill & Melinda Gates Foundation partnered with OI and co-funded a $16 million project to expand access to saving accounts and agricultural loans in Sub-Saharan Africa.
- Categories
- Impact Assessment
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Innovative business model introduced to benefit oil palm farmers
B-BOVID, an agribusiness based on social entrepreneurship principles, is introducing a unique profit-sharing concept to its oil palm enterprise which, will greatly benefit local farmers and their communities.
- Categories
- Agriculture, Technology
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Why Insurers are Looking to Kenya’s Low-Income Earners for New Business
Low-income earners have traditionally been underserved when it comes to being provided with avenues to manage the risks they face every day.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Thomson Reuters release Islamic Social Finance Report
Thomson Reuters has released the Islamic Social Finance Report 2014 in collaboration with the Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group.
- Categories
- Impact Assessment
- Region
- North Africa & Near East
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Microfinance 2.0: Different Methodology Could Reshape Industry
A recent paper published by Harvard Business School and EY advocates for taking a more scientific approach to evaluating the impacts of microfinance programs.
- Categories
- Impact Assessment
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Mobile money platform backs ‘Yolanda’ recovery efforts in the Philippines
Mobile money is playing an increasing role in disaster recovery efforts as shown by the initial projects undertaken in the aftermath of Typhoon Yolanda. This development has caught the interest of relief agencies of the United Nations, as well as other international humanitarian agencies, who are studying the experience of the Philippines in disaster response.
- Categories
- Uncategorized
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Maker of Toms shoes expands into coffee roasting
Toms, the Los Angeles company known for its comfy, eco-friendly footwear and its shoes-donating ways, is tiptoeing into an unusual product line: coffee.
- Categories
- Agriculture