-
Orissa-based Milk Mantra raises $13M in Series C led by Fidelity Growth Partners
The transaction also had a secondary component where 25 angel investors and an old fund under Aavishkaar have exited.
- Categories
- Health Care, Impact Assessment
-
Consumer Federation of Kenya fights off claim of bias in mobile money war
Pressure is mounting on the Consumer Federation of Kenya ( Cofek) to stop opposing the award of licences to Equity Bank and two other Mobile Virtual Network Operators (MVNOs) and support the venture.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Mobile virtual operators compete with established players in Africa
Players in the traditional telecoms market have struggled in countries where extensive infrastructure is needed
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
NexThought Monday – The Cash Paradox: Is cash the poor’s best friend – or secret enemy?
Advocates for the poor often argue that cash is the most trustworthy payment instrument - especially for the unbanked. And a cash economy would appear to offer them advantages in inclusiveness and convenience. But as Bhaskar Chakravorti describes it, the poor also pay a heavy price for the usage of cash, both in the U.S. and in emerging economies.
- Categories
- Uncategorized
-
Impact investing on the cusp of mainstream wealth management
The news releases arrived in noteworthy succession throughout 2013. Morgan Stanley,UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. — some of the biggest names in the financial services industry — announced plans to establish or augment their activities around impact investing.
- Categories
- Uncategorized
-
The apparent M-Pesa monopoly may be set to crumble
Competition to the M-Pesa is heating up in Kenya, the world’s most advanced mobile payments market.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
-
Nigeria’s Microfinance Banks Ready To Go Cashless
Abuja - The National Association of Micro Finance Banks (NAMFB), has expressed readiness of its members to key into Federal Government’s cashless policy.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Int’l Telecoms, Gates Foundation To Connect 2.5bn Adults To Mobile Money
The International Telecommunications Union (ITU) has joined hands with the Bill & Melinda Gates Foundation to connect over 2.5 billion adults who do not have access to a formal bank account, most of them in developing economies, by delivering digital financial services capable of improving the delivery of basic financial services.
- Categories
- Uncategorized
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.