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Framework Unveiled to Raise Financial Literacy
A national financial education framework has been launched to address money literacy and consumer protection challenges.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Indian Government’s Financial Inclusion Dream Still Unrealized
"Never before in economic history would 15 million bank accounts have been opened on a single day. Never before has the Government of India organised a programme of such scale," Prime Minister Narendra Modi said on August 28, 2014, launching the Pradhan Mantri Jan Dhan Yojana (Prime Minister's People's Wealth Programme/PMJDY).
- Categories
- Uncategorized
- Region
- South Asia
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Social Enterprise Ghana Launches First Industry Group
Social Entrepreneurs Ghana (SE Ghana) is being launched by a number of social entrepreneurs and organizations including Reach for Change, the British Council, Impact Hub, Growth Mosaic, TEDxAccra, mPedigree, TANOE, Street Library, Challenging Heights, Ashesi University, AACT, Nneka Foundation, Farmable, CRESSENT, InnoHuB, phinklife, Kokroko foundation, GEW and Center for Social Innovation.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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About 70% of Ghana’s ‘Susu’ Collectors Are Operating Illegally
Out of an estimated 1,500 Susu collectors operating in the country, with a client base of over 2 million, only 472 of them (representing 31 percent) are formally licenced under the self-regulation scheme, making t activities of the rest illegal.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Rapid Growth = Equitable Access? Is Ivory Coast’s financial sector expanding enough to reach full inclusion?
Ivory Coast’s financial sector is expanding, but is that enough to reach full financial inclusion? How is the microfinance sector faring in the clean-up process that the government started a few years ago? And how is the rapid expansion of mobile money impacting the overall financial access picture? MIX is launching an updated version of their Ivory Coast workbook release, which explores these key questions.
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- Uncategorized
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Report: 100 Million Adults Don’t Have Access to Financial Services in Pakistan
A World Bank report issued from Washington says about 100 million adults in Pakistan do not have access to formal and regulated financial services. This number accounts for about five per cent of the world’s unbanked population which stands at two billion.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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The Color of Money: A Top Bank and Nonprofit Take Aim at the Racial Wealth Divide
We started writing about the Corporation for Enterprise Development a year ago, when we talked to its founder, Bob Friedman, about how the organization got its start, and where it is going with addressing asset-building and financial inclusion for low income Americans and people of color. Now, CFED has announced a new partnership with JPMorgan Chase & Co. to bring asset building initiatives to multiple cities across the country, starting with New Orleans and Miami this spring.
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- Uncategorized
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Reserve Bank of Zimbabwe Approves Adoption of Agent Banking
The Reserve Bank has approved the adoption of agent banking by financial institutions as part of efforts to increase access to financial services, governor Dr John Mangudya said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
