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Financial Sector Can Help Bolster Africa’s Economy, Panelists Say
One of the stated aims of this year’s World Economic Forum is inclusion. A panel discussion on Africa’s future, one that included two sitting presidents from that continent, did its best to emphasize that theme.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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“It is high time for mobile network operators to transform”: The CEO of Eko, on bridging the bank/telco divide
There is no love lost between banks and telcos in many countries. But Eko has found a way to leverage the strengths of both to bring needed banking services to underserved customers. In Part 5 of our Mobile Money Movers series, Eko CEO Abhishek Sinha discusses his company’s unique branchless banking model, and the need for telcos to evolve - perhaps by emulating Facebook.
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- Uncategorized
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The Implications of Scarcity for Microfinance: Grameen Foundation’s Alex Counts, on how understanding scarcity’s impact can improve microfinance practices
Behavioral economics could transform international development, says Grameen Foundation CEO Alex Counts. In some cases, it may reaffirm current practice. In others, it could suggest that these “best practices” are counter-productive. In this thought-provoking post, Counts explores the implications of scarcity for microfinance, when looked at through a behavioral economics lens.
- Categories
- Education
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Can telcos predict Mobile Money hotspots?
A study by CGAP looks at the relationship between voice call routes and money transfer, trying to help telcos focus their investment in mobile money solutions.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Ask the Right Question: ideas42 on using behavioral economics for MFI product design
CARD Bank seemed to have a problem increasing uptake on new savings accounts. But when ideas42 dug into the data, they saw that people were opening plenty of new accounts - they just weren’t using them. The lesson: it’s important to ask the right question when solving design problems. Louis Potok uses this case to illustrate how behavioral economics insights can improve product design.
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- Uncategorized
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Insurers struggle to get micro-insurance agents
Micro-insurance or micro agent was a channel in the insurance industry that was developed for deeper penetration of insurance into India. However, with smaller ticket size coupled with low commissions, this channel has seen low participation from distributors.
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- Uncategorized
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OPINION: A shaky vision for financial inclusion in India
The Nachiket Mor committee report does not address the issues that militate against financial inclusion.
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- Uncategorized
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Ecobank, MasterCard Seal Deal on Financial Inclusion
MasterCard Worldwide Wednesday sealed a landmark deal with Ecobank Transnational Incorporated (ETI), which will see 60 per cent of Africa’s population have access to financial services.
- Categories
- Uncategorized
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