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Why Relying Too Heavily on Credit Scores Hides Potential Market Opportunities:
Credit scores can be limiting and in some cases, misleading. For instance, a consumer might have a high credit score while also struggling financially and vice versa. New research from CFSI looks at the missed opportunities for financial inclusion when credit scores are the limiting factor.
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Viewpoint: Responsible Investing Needs Better Steering
The focus should now be on environmental, social and governance investing, along with funds and index products that use these criteria.
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World Bank Approves $25M Loan to Support Mozambique’s Financial Sector Development
The Board of Executive Directors of the World Bank has approved a loan of 25 million US dollars to support the Mozambican government's financial sector development strategy.
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- Region
- Sub-Saharan Africa
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Bringing MFS Providers Under a Platform Remains a Challenge in Bangladesh
The Bangladesh Bank move to integrate a total of seven business entities including four commercial banks into Mobile Financial Services platform poses challenge.
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- Region
- South Asia
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Impact Hub Launches Entrepreneur Fellowship in Africa
Impact Hub has officially launched a fellowship in 3 African countries – Burundi, Ethiopia and Sierra Leone – specifically designed at helping impact entrepreneurs make their innovations sustainable. The Hub’s Resilience Africa initiative is to launch hubs and two varying types of incubators in six African countries in partnership with Cordaid, an NGO from Netherlands.
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- Region
- Sub-Saharan Africa
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- impact investing
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Zimbabwe to Reform Banking Industry
Zimbabwe is finalising new laws aimed at strengthening its fragile banking industry through measures such as imposing shareholding restrictions and revamping oversight functions to guard against insider loans.
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- Region
- Sub-Saharan Africa
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- lending
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Viewpoint: Why Is Financial Inclusion So High on the Development Agenda?
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.
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The Ikea-Backed Company Making Flat-Pack Refugee Shelters Can’t Keep Up With Demand
Less than six months after its first units shipped to Iraq and Ethiopia, a Swedish company producing modular, flat-packed refugee shelters is struggling to keep up with demand. And many of those orders are now coming from Europe.
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