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Why It’s Time for Africa to Adopt a Regional Digital Financial Identity
Over 1 billion people globally lack any form of officially recognized identification. According to Nkosinathi Ncube at FinMark Trust, this is a significant obstacle to financial inclusion and other development efforts – but overcoming it is no easy task. He explores some of the challenges to expanding access to formal identity in Africa, and explains why an effective solution will require regional action.
- Categories
- Finance, Technology
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Press Release: Bboxx Unveils New Global Brand
Bboxx unveils new global brand as it celebrates its 10th birthday and gears up for the next phase of growth
- Categories
- Energy, Environment
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India Needs More Non-Profit Unicorns: Here’s How Transparency and Disclosure Standards Can Help Build Them
India's non-profits are tackling huge social challenges, but they're facing a persistent problem: inadequate funding. According to Varad Pande and Rahul Bhide at Omidyar Network, this issue is driven in part by a lack of disclosure standards detailing the information non-profits should share about their impact. They explore how simple yet robust standards could boost transparency and increase trust among donors, bringing more capital and talent into the sector.
- Categories
- Impact Assessment
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Renewables in Focus to Revive Energy Sector as Economies Ease Lockdowns
A sudden slump in energy consumption due to worldwide lockdown caused by the COVID-19 had threatened the energy transition due to a plunge in oil prices. However, as predicted by COE-EDP clean energy and inward-looking policies are the focus of the reviving energy sector across economies in the post-lockdown period.
- Categories
- Coronavirus, Energy
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Digital Financial Services Could Fast-Track UN SDGs
Change is afoot in Africa as governments work tirelessly to identify their most vulnerable citizens for emergency disbursements. Banks, mobile money operators and Fintech firms are providing innovative solutions to meet their client needs and this may be a significant opportunity for lasting positive change.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, SDGs
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Press Release: COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide
To meet the Sustainable Development Goals (SDGs) targets by 2030, countries must safeguard the gains already attained and accelerate efforts to achieve affordable, reliable, sustainable and modern energy for all.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
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Stronger Together: Why MIX and the Center for Financial Inclusion are Joining Forces
Yesterday came news that two key players in financial inclusion are joining forces: MIX, for nearly 20 years the chief data resource for inclusive finance, and the Center for Financial Inclusion, a leading independent think tank housed at Accion. Tillman Bruett at DAI and Greta Bull at CGAP discuss the significance of this merger for the organizations and the sector.
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- Finance
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New Era, New Data: Why ‘Financial Inclusion 2.0’ Will Require a Different Approach to Measurement
Financial inclusion is entering a new era, says Grant Robertson at FinMark Trust. The movement’s first era focused largely on boosting financial access – but its impact on poverty and wellbeing was limited. The new era – "financial inclusion 2.0" – will focus more on expanding real economic opportunity. But to support this goal, the sector will need a new approach to data.
- Categories
- Finance, Impact Assessment