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Asian Development Bank Approved $93 Million Loan to Boost Skills Development and Inclusive Growth in Uzbekistan
The Asian Development Bank (ADB) today announced that it has approved a $93 million loan to help enhance competitiveness in Uzbekistan and boost inclusive growth by improving market-relevant skills development for young people and unemployed job seekers.
- Categories
- Uncategorized
- Tags
- youth
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$500 Million Asian Development Bank Loan to Expand Financial Inclusion in Indonesia
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Indonesia's efforts to expand financial access among micro, small, and medium-sized enterprises and marginalized groups such as women and youth.
- Categories
- Finance
- Region
- South Asia
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UNICEF and Microsoft Launch Improved, Scalable Technology to Protect Vulnerable Children and Women Amid Rise in Domestic and Gender-Based Violence Due to COVID-19
Primero, an innovative online and offline application, empowers social workers to help more children.
- Categories
- Coronavirus, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale, youth
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Crypto-Enabled Sun Exchange Expands in Africa With Solar-Plus-Storage Project for Nhimbe Fresh
Sun Exchange, the world’s first peer-to-peer solar leasing platform, has announced its expansion into sub-Saharan Africa with the launch of the crowdsale for Phase 1 of a multiphase 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh, a premier exporter of fresh produce in Marondera, Zimbabwe. This will be the largest Sun Exchange solar installation to date and the first outside South Africa.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Keeping Finance in the Family: How Intra-Family Accounts Can Help Low-Income Customers During COVID-19 – and Beyond
Banks in emerging countries often struggle to generate active usage of the accounts they offer to young people. Yet as Anne Marie van Swinderen at L-IFT points out, financial diaries research has shown that young people save frequently and significantly – especially when their earnings rise. She explores how intra-family accounts could help banks serve this challenging demographic during COVID-19 and in the longer term – while also expanding their financial services to other members of the family.
- Categories
- Coronavirus, Finance
- Tags
- COVID-19, financial inclusion, youth
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Analysis: In Times of COVID-19, the Future of Education Depends on the Provision of Water, Sanitation, and Hygiene Services
Water, sanitation, and hygiene (WASH) have emerged as an issue of particular concern when considering schools reopening.
- Categories
- Coronavirus, Education, WASH
- Region
- Sub-Saharan Africa
- Tags
- global development, hygiene, sanitation, water, youth
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COVID-19: Burden or Boon for Financial Inclusion?
When the Alliance for Financial Inclusion outlined its “Five Key Financial Inclusion Policy Trends for 2020” on January 17 of this year, the spread of the novel coronavirus was still in its infancy. Now that COVID-19 has wreaked havoc on the global economy, Robin Newnham at the Alliance for Financial Inclusion revisits those trends, viewing them through the prism of the pandemic – and finding both new risks, and new opportunities.
- Categories
- Coronavirus, Finance
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Youth Saving and Spending During COVID-19: Tracking Young People’s Financial Activity in Nigeria
How are young people in Africa saving and spending money during COVID-19, when many of their previous sources of income have disappeared? Mahlet Alemayehu at L-IFT shares the results of a study in which 117 young people living in Nigeria kept a record of their savings and spending over several months. The data can help financial service providers anticipate how young people will need to use their accounts, and determine what other services they may need as they navigate the challenges of the pandemic.
- Categories
- Coronavirus, Finance
- Tags
- COVID-19, financial inclusion, research, savings, youth
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