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Bitcoin Too Volatile To Aid Financial Inclusion, Says Mastercard CEO
The inherent volatility of Bitcoin makes it ill-fitted for the needs of unbanked people, argued Mastercard CEO Ajay Banga.
- Categories
- Finance, Technology
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Press Release: The ABC Fund Scales Agriculture SMEs in Kenya and Uganda With $2 Million Revolving Credit Facility for FACTS
The Agri-Business Capital (‘ABC Fund’) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (‘FACTS’) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, scale
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How Governments Can Reach People in Extreme Poverty and Build Resilient Livelihoods During COVID-19
Governments around the world have taken fiscal measures that total almost $12 trillion in response to COVID-19. But Lindsay Coates at BRAC argues that most of these programs are short-term and reactive, and many do not reach those most in need of support. She proposes a more comprehensive response – and discusses how the Graduation approach to poverty alleviation can play a role.
- Categories
- Coronavirus, Finance, Investing
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Analysis: Revolutionising Nigeria’s Microfinance Landscape Through Insurtech
According to Augusto & Co’s estimates for the 2019 financial year, the insurance industry in Nigeria generated gross premium income (GPI) of N471 billion, approximately 12% higher than the preceding year’s GPI. Compared to other African countries like Kenya and South Africa with 2.9% and 14% respectively, insurance penetration in Nigeria is low.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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MFIs in India: Need Social Impact Monitoring
The pandemic has necessitated the need to re-look at the tenets of MFI lending
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
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The Quest for Financial Inclusion in Sri Lanka
Financial Inclusion is essential for continuous and sustainable economic development, according to the IFC (International Finance Corporation). This is no exception for Sri Lanka despite showing strong numbers in bank penetration.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Press Release: Global Impact Investing Network Raises the Bar on the Real-World Outcomes of Impact Investing With a Focus on Impact Performance
Standardization of impact performance analytics will drive development of benchmarks and ratings.
- Categories
- Agriculture, Environment, Finance, Impact Assessment, Investing
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Ripple Donates $10 Million To Mercy Corps To Accelerate Financial Inclusion in Emerging Markets
Ripple, an enterprise blockchain solutions for payments, has announced a $10 million USD contribution to Mercy Corps to expand financial inclusion and increase economic empowerment globally.
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