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Setting a High Bar for Poverty in India
NEW DELHI — It is not uncommon for Indians to stand in a line to receive alms from a politician as he gives away clothes, pots and laptops that would make Apple laugh. This is a custom that has survived from a time when the theater of charity was enough to make the poor feel grateful. But they have since come to regard such alms as political buffoonery and now expect substantial assistance from the government.
- Categories
- Impact Assessment
- Region
- South Asia
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Safaricom and Kenya Commercial Bank Partner to Counter Equity’s Mobile Money Plan
KENYA Commercial Bank has partnered with Safaricom to offer a new product that converges financial and communication services to take on Equity Bank's planned mobile virtual network operation business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Nigeria Launches National Bank Verification Scheme
VENTURES AFRICA – As part of the financial inclusion policy of the Financial Sector Strategy (FSS) agenda of ensuring Nigeria becomes one of the top 20 largest economies in the world by 2020, the Central Bank of Nigeria (CBN) has advised bank customers in Lagos to register and obtain their Bank Verification Number (BVN).
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- Uncategorized
- Region
- Sub-Saharan Africa
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Big Three Credit Rating Agency Courts Impact Investing at Right Moment
NEW YORK — It’s not without rhyme or reason that a credit rating agency like Moody’s Investors Service suddenly takes an interest in the impact investing field. For Mark Tulay, founder and CEO of Sustainability Risk Advisors and Sustainability ROI, this institution has good reasons to do so. “Credit raters see that climate change could, or likely will, lead to an environmental crisis that will create the next economic crisis,” said Tulay at the TBLI CONFERENCE USA 2014.
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- Uncategorized
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Building Resilient Communities in the Philippines, Together
In November 2013, Typhoon Haiyan ravaged Central Philippines, displacing entire communities in its path. The catastrophic destruction drew a tremendous outpouring of support from around the world, and immediate relief efforts ensued.
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- Impact Assessment
- Region
- South Asia
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Brainlab Announces Launch of Right.Brain Foundation To Advance Global Healthcare
MUNICH--(Business Wire)--In a continued effort to expand global access to and consistency of healthcare, Brainlab today announced the launch of the Right.Brain Foundation, which will provide medical technology and education to selected hospitals and public institutions in Southeast Asia, Africa, Central and South America.
- Categories
- Health Care
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Safaricom finally agrees to open up M-Pesa agent network
Mobile network Safaricom, which runs M-Pesa, has unexpectedly agreed to open up its agency network across the country to its rivals.
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- Technology
- Region
- Sub-Saharan Africa
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What’s next for impact investing: Definitions, measurement and rising expectations
Impact investing represents a potential additional funding stream for development, but the field is still evolving and those working in it warn we may be expecting too much, too soon.
- Categories
- Impact Assessment