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Chinese investors warming up to impact investing, but regulations slowing progress
Chinese investors are showing increasing interest in start-ups with innovations that tackle energy consumption, social and climate change issues, but the main force behind such so-called impact investing remains foreign firms and supranational agencies, according to fund managers.
- Categories
- Investing
- Region
- Asia Pacific
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Nigeria’s energy crisis: Consumers consider solar option
The inability of the Federal Government to harness the potential inherent in solar energy has left the country far behind other nations in the development of this renewable energy. It has also further dealt a debilitating blow on its aspiration to becoming an industralised nation.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: Central Bank Requirements Could Put at Least 289 Microfinance Companies Out of Business in Ghana
According to the Ghana Microfinance Institutions Network (GHAMFIN), just about 30 out of the 319 microfinance companies are in good standing.
- Region
- Sub-Saharan Africa
- Tags
- microfinance, regulations
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Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Finance
- Region
- North Africa & Near East
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GSMA unveils mobile money mark of excellence
Mobile money services will be independently tested against several criteria to determine if they deliver secure, reliable financial services. This includes elements around protecting consumer rights, while also combating money laundering and preventing the financing of terrorism.
- Categories
- Finance
- Tags
- fintech, mobile finance, regulations
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Crypto Exchanges Coming to the Philippines in Droves
“There are 29 pending applications under different stages of processing, i.e., ongoing evaluation, awaiting submission of documentary requirements, and for presentation of business model.”
- Categories
- Technology
- Region
- Asia Pacific
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Pakistan’s Central Bank Tells Banks to Cut Ties to Cryptocurrencies
In a statement published on the central bank’s website, it states cryptocurrencies are not recognized as legal tender.
- Region
- South Asia
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Reserve Bank of India bars banks from links to cryptocurrencies like bitcoin
RBI, however, has set up a group to study and provide guidance on the desirability and feasibility of introducing a central bank digital currency.
- Region
- South Asia
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