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Examining Zimbabwe’s Cash Withdrawal Limit
Zimbabwe banks have introduced a number of stringent measures targeted at limiting cash withdrawals.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Skoll Foundation Announces Five $1.25 Million Skoll Awards for Social Entrepreneurship
Kicking off this week’s 13th Annual Skoll World Forum, the Skoll Foundation announced the six recipients of the 2016 Skoll Award for Social Entrepreneurship.
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- Uncategorized
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Bharti Airtel-Kotak Mahindra Bank JV Gets Payment Bank License From RBI
India's largest carrier Bharti AirtelBSE 4.20 % received its payment bank license that is had applied for in partnership with Kotak Mahindra Bank, a move that will help the companies take Indian government's financial inclusion plans to the next level.
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- Uncategorized
- Region
- South Asia
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Viewpoint: Business Fails the BOP
Businesses have made significant strides in the last 40 years, identifying innovations that make serving the world’s poorest profitable. Single-use packets developed by giants like Proctor and Gamble made fast-moving consumer goods affordable. Mobile technology leapfrogged conventional telecom in Africa, improving connectivity and reach. Capital inflows from micro-financing opened small business opportunities for billions. These innovations, and many others, have enabled multinational corporations to enter emerging economies and create profitable products and services at scale.
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- Uncategorized
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Can Bitcoin Be Used for Good?
Something strange is happening to Bitcoin. Once viewed as a way to do business in the darkest corners of the web, the digital currency has rather suddenly become a favorite talking point among humanitarians and international development enthusiasts.
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- Uncategorized
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Nomanini Integrates With M-Pesa for Merchant Cash-In
South Africa-based enterprise payments platform provider, Nomanini has announced it has integrated with M-Pesa in Mozambique, enabled via its local country partner, Mozambique Mobile Solutions (MMS). The move will allow merchants to use mobile money agents to top up their virtual vending accounts on Nomanini terminals.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Pakistan Unveils First Domestic Payment Gateway
Pakistan on Tuesday unveiled the country’s first domestic payment scheme ‘PayPak’ to facilitate ecommerce and improve financial inclusion.
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- Uncategorized
- Region
- North Africa & Near East
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VisionFund International and Opportunity International Partner to Expand Financial Inclusion for Unbanked Citizens of Democratic Republic Of Congo
Opportunity International, a next generation microfinance organization that invests philanthropic and social impact capital to spark and scale innovative solutions to global poverty, has entered into a share purchase agreement to sell a majority stake of its microfinance institution in Kinshasa, Democratic Republic of Congo (DRC) to VisionFund International, World Vision’s microfinance arm.
- Source
- Press Release
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- Uncategorized
- Tags
- microfinance
