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International Reform Activists Dissatisfied by BRICS Bank
FORTALEZA, Brazil, Jul 17 2014 (IPS) - The creation of BRICS’ (Brazil, Russia, India, China and South Africa) own financial institutions was “a disappointment” for activists from the five countries, meeting in this northeastern Brazilian city after the group’s leaders concluded their sixth annual summit here.
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- Uncategorized
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Rwanda: Why Farmers Are Loyal to Micro-Finance Institutions
Rwandans have hailed the role of micro-finance institutions just as Kigali is hosting a global financial inclusion summit starting today.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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A Supply Chain Overhaul To Boost Coffee Farmers’ Income 400%
This is about a social enterprise on a mission to reinvent the coffee supply chain, giving farmers a bigger and more equitable piece of the action.
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- Agriculture
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Indian government to set up credit guarantee fund to support Rs 40,000-crore Financial Inclusion Mission
NEW DELHI: The government will set up a credit guarantee fund to support its over Rs 40,000-crore new Financial Inclusion Mission, which envisages to give a Rs 5,000 overdraft facility to around 8 crore new account holders.
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- Uncategorized
- Region
- South Asia
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Safaricom move to open up M-pesa agent network seen to aid mobile money services
Safaricom's move last week to allow agents for its M-pesa mobile money service to work for rival operators is broadly being viewed as having the potential to further fuel the growth of such services.
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- Technology
- Region
- Sub-Saharan Africa
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RBI spells out draft norms to set up payments banks, small banks in India
The Reserve Bank of India (RBI) on Thursday spelled out draft norms to set up payments banks and small banks in India that will give a major push for financial inclusion, or the process of spreading banking services in the un-banked segments, in Asia’s third largest economy.
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- Uncategorized
- Region
- South Asia
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OPINION: Five reasons why Modi government’s grand financial inclusion plan won’t work
The Modi-government has somewhat bought the idea of universal bank accounts, something first proposed by the Nachiket Mor panel in January, 2014. The plan will finally come up with a little bit of 'Modi'-fication. Instead of one full service bank account for every adult citizen by January 2016—the idea proposed by the Mor panel—the government plans to offer two bank account for every household within the next year.
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- Uncategorized
- Region
- South Asia
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Telecel Zimbabwe launches mobile money credit card
Zimbabwe's second largest telco by subscriber numbers, Telecel, on Wednesday launched a credit card for its mobile money system Telecash.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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