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Google Plans to Develop Website to Help Indians With Financial Planning
Google wants to help you save more and invest better. The US-headquartered technology company with a large India presence is planning to develop a website, Bharat Saves, which will offer information on financial planning.
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- Technology
- Region
- South Asia
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Nigerian Regulator Restores WorldRemit, 10 Other Money Transfer Operators
The Central Bank of Nigeria has given new operating licenses to 11 International Money Transfer (IMTOs) service providers, in efforts to open up the market and make foreign exchange readily available to the nation’s low income earners.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa is a Regional Leader in the Financial Inclusion of Women
South Africa is the only country in the Southern African Development Community in which women are more financially included than men, new research shows.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Impact Investing in Latin America Takes Off
The Aspen Network of Development Entrepreneurs (ANDE), in partnership with the Latin American Private Equity & Venture Capital Association (LAVCA) and LGT Impact Ventures, released a report today on the growing landscape of impact investing in Latin America.
- Categories
- Impact Assessment
- Region
- Latin America
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Betting Craze Powers Mobile Money to 20 Percent Growth in Kenya
The volume of cash moving through mobile money transfer platforms grew by a fifth in the first six months of this year, powered by increased uptake of cellphone-based gaming, industry data shows.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Ratan Tata, Nandan Nilekani to Start Microfinance Company
Mumbai: Ratan Tata, chairman emeritus of Tata Sons, Vijay Kelkar, former finance secretary and chairman of the National Institute of Public Finance and Policy, and Nandan Nilekani, co-founder of Infosys Ltd and the architect of Aadhaar, are joining hands to start a microfinance institution (MFI).
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- Uncategorized
- Region
- South Asia
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Maj Targets Andes Nations With $100 Million Micro Finance Fund
Maj Invest, a Danish asset manager with $8 billion in assets, is looking to boost acquisitions in the micro finance industry in the Andean region. The Copenhagen-based asset manager is in the process of raising capital to grow the size of its Maj Invest Financial Inclusion Fund II to $100 million by June from $75 million now, according to Kasper Svarrer, who oversees Maj’s private-equity business in emerging markets.
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- Uncategorized
- Region
- Europe & Eurasia
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It’s the Ecosystem, Stupid: Exploring the “digital poverty stack” – Part 2
In the first post in this series, we proposed that donors and governments advance digital and financial inclusion by focusing more on creating public goods that enable the broader ecosystem, rather than on peripheral innovation in service delivery. In this second post, we discuss the implications of this shift and highlight some new efforts to move the fields in the right direction.
- Categories
- Social Enterprise, Technology
