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Feb 2018
Building a More Humane World Has Caught the Imagination
February, 28 2018
Global - A recognition that the world’s resources are finite and the desire to build the kind of society we want our children to grow up in, is the area of impact investment which is increasingly catching the imagination of the investment community ...
United Nations Led Partnership Together with the Green Climate Fund to Support Nearly 1 Million Farmers in Zambia
February, 28 2018
Zambia - US$137 million, 7-year project supported through UNDP in partnership with FAO and WFP works toward global goals for food security and poverty reduction ...
Nigeria: BoA Disburses N9.3bn Micro Loans
February, 28 2018
Nigeria - Dr Kabiru Muhammad Adamu, Managing Director, Bank of Agriculture (BoA) on Monday said the bank had as at December 2017 disbursed N9.3 billion to 200,000 farmers under its Micro credit finance programme as he expressed concern over the attitude of beneficiaries to repayments ...
In Latin America, Tech Is Driving Impact and Impact Is Driving Tech
February, 28 2018
Latin America - Can impact investing in countries like Mexico, Guatemala, Colombia, Chile, Peru, Argentina and Brazil fight inequality and boost social outcomes, perhaps even more systemically than traditional development efforts ...
Cambodia: CleanTech Startup Incubator EnergyLab Expands Into Asia to Facilitate Innovation in Emerging Markets
February, 27 2018
Cambodia - Australia’s first dedicated CleanTech Incubator and Accelerator, EnergyLab takes on the emerging Cambodian market by bringing new business concepts and technologies to the country. Their first Australian entrepreneur team are currently testing product/market fit travelling to various Cambodian rural communities ...
Digital Credit Scoring Paves Way for Microloans in East Africa
February, 27 2018
East Africa - More than 2.5 billion people around the world – many of them in Africa – lack formal identification that enables them to access to financial and government services, according to the United Nations and the ID2020 project. What’s more, less than 10% of adults in low and middle-income countries are on file in public credit registries ...
Armenia: Ameriabank Raises $11.5 Million Funding from Symbiotics
February, 26 2018
Armenia - Ameriabank announces has signed a USD 11.5 million senior loan agreement with Symbiotics’ Micro, Small & Medium Enterprises Bond issuance program, with a possibility to increase the amount by an additional USD 10 million in hard or local currency ...
Crystal, Leader of the Georgian Microfinance Market, Welcomes Growing Competition
February, 26 2018
Georgia - Crystal has become a dominant microfinance organization on the Georgian market. With all of the polarized opinions surrounding the microfinance business, one thing remains definite - microfinance organizations help remote regions gain access to financial services ...
Life Beyond Cryptocurrencies – Hong Kong and China Fintech Firms Show There Is More to Blockchain
February, 24 2018
China - By deploying blockchain in their back offices, several companies are aiming to disrupt the traditional role of banks in extending loans and attracting deposits ...
Five Strategies for Poverty Reduction in Brazil
February, 23 2018
Brazil - The country of Brazil has seen an increase in income in recent years by rising to fame with its Brazilian soap operas and talented soccer athletes. Besides all of the talent that resides in Brazil, it is actively seeking ways to reduce its poverty rates by implementing different programs and resources. Poverty reduction in Brazil is an important method of improving the country ...
E. Minischetti, B. Gallery, Frontier: Harnessing the Power of Fintech in Myanmar
February, 23 2018
Myanmar - Myanmar is a clean slate to advance financial inclusion through financial services delivered via mobile technology. There are several factors that deter uptake of formal financial services, including the banking crisis in 2003, the lengthy process of opening accounts and doing basic transactions, and the lack of banking infrastructure, particularly in rural areas ...
India: Asset Quality of Microfinance Institutions Improves - Crisil
February, 22 2018
India - The Crisil report has three pointers that indicate this positive change. First, asset quality has improved, as evidenced by reducing portfolio delinquencies. Then, cumulative collection efficiencies have risen to over 99 per cent for disbursements since April 2017. Moreover, high degree of investor support reflected in the significant equity and debt raised post demonetisation. ...
Egypt: SMEDA Signs Cooperation Agreements with 14 NGOs in Microfinance Field
February, 22 2018
Egypt - The Small and Medium Enterprises Development Authority (SMEDA) signed on Thursday cooperation agreements with 14 non-governmental organisations (NGOs) working in the field of microfinance ...
Startup Venture Funding Jumped More than 50% in Africa Last Year to a Record High
February, 21 2018
Global - With African tech hubs, startups and founders starting to mature and gain deeper understanding of local markets after a few years of heady hype that was more about potential than substance, investors increasingly look towards the continent ...
Jamaica: $602.6 Million Allocated to Poverty Reduction Programme IV
February, 20 2018
Jamaica - The Government is continuing work this year under phase four of the Poverty Reduction Programme (PRP IV) for which an additional $602.6 million has been allocated in the 2018/19 Estimates of Expenditure, now before the House of Representatives ...
Three Fintech Trends for Financial Inclusion in Sub Saharan Africa
February, 20 2018
Sub-Saharan Africa - Key fintech trends include publishing open APIs, which helps to expand customer bases and improve services offerings ...
Nigeria: DBN Unveils N610 Million Lifeline for Small Businesses
February, 20 2018
Nigeria - The Development Bank of Nigeria (DBN) has unveiled a nationwide strategic plan for on-lending facility to millions of Medium, Small and Micro Enterprises (MSMEs) across the country ...
India: IFMR Capital Rebrands Itself as Northern Arc Capital
February, 20 2018
India - IFMR Capital, now Northern Arc Capital, is seeking to raise its first offshore financial inclusion-focused fund and expand its business outside Indi ...
J. Shukla, Economist and Consultant Based in Kigali: How Innovation in Digital Payments Is Enhancing Financial Inclusion in Rwanda
February, 20 2018
Rwanda - The Government of Rwanda is encouraging the masses, businesses and organisations to embrace digital payment systems to drive its goal of achieving a cash economy ...
Sri Lanka: Commercial Bank’s CBC Myanmar Microfinance Gets License to Operate in Myanmar
February, 20 2018
Sri Lanka - Sri Lanka’s Commercial Bank subsidiary CBC Myanmar Microfinance Co., Ltd, has obtained the operation license from the Myanmar Micro-finance Supervisory Enterprise to operate in the Republic of the Union of Myanmar ...
VisionFund Myanmar Launches Loan Scheme for Factory Workers
February, 17 2018
Myanmar - VisionFund Myanmar recently announced the launch of a new microfinance loan product exclusively for garment factory workers, funded by the Livelihoods and Food Security Trust Fund (LIFT), according to a press release on 16 February ...
L. Luckett, Managing Partner, TSEF: Small Data for Big Impact
February, 16 2018
Global - Small data can transform opportunities and quality of life for underserved communities, and help address the biases of big data ...
Kenya: Luxembourg Firm Invests Sh100m in Microfinancier Musoni
February, 15 2018
Kenya - Luxembourg-based private equity (PE) firm Fonds Européen de Financement Solidaire (Fefisol) has invested Sh100 million in Musoni Microfinance Ltd that targets small-scale farmers and the informal sector ...
Jordan: IFC to Support IrisGuard ePayment Solution Deployment for Financial Inclusion of Syrian Refugees
February, 14 2018
Jordan - World Bank Group member IFC and IrisGuard have announced an agreement to expand the reach of iris-based e-payment solutions to increase financial inclusion of Syrian refugees in Jordan and the region. ...
India: Modi Government's Financial Inclusion Push Sees Early Results, Study on Banking Correspondents Suggest
February, 14 2018
India - Prime Minister Narendra Modi government's thrust on financial inclusion through digital means is gaining traction among larger sections of Indian society, a sample survey based report by financial inclusion consulting firm Microsave Private Limited suggests ...
Sustainability Experts: What's Wrong with Impact Investing
February, 14 2018
Global - The lack of an accepted methodology to truly measure investment impact makes the adoption of sustainable development goals in listed equities increasingly challenging ...
Inclusive Innovation: How Two Mobile Technology Startups Are Changing the Game in Microfinance
February, 14 2018
Global - Startups like Tala and DreamStart Labs are working hard to provide reliable, safe financial services in places where they were previously unavailable. Through mobile innovations, they are empowering individuals and groups to build a better future for themselves and their communities, and in turn, a better economy for future generations ...
C. Leijonhufvud, and F. Seegull: Investor Readiness - How Asset Owners Can Prepare for Effective Impact Investing
February, 14 2018
Global - “Enterprise readiness” is commonly recognized as a precondition for an effective impact investment. It turns out investors as well could benefit from some support before they jump straight into executing impact investments with their advisors ...
S. Hwang, D. Waldron, and C. Yeboah, CGAP: Ghana - Pay-as-You-Drink: Digital Finance and Smart Water Service
February, 13 2018
Ghana - Until now, there has not been a cost-effective way to connect every household to water networks, particularly in rural areas. But the results of a CGAP-funded digital finance pilot in Ghana show that this may be about to change ...
India Energy Access Summit Highlights How Decentralized Renewable Energy Can Accelerate India’s Power-for-all Goals
February, 13 2018
India - National and international leaders gathered today at the third India Energy Access Summit in Delhi, to explore how India is leading on its rural electrification efforts to extend energy access across the country through clean sources ...
S. Cohn Rupp, Head of Impact Investing, Tiedemann Wealth Management: Coming of Age - Why Consolidation in the Impact Investing Industry Is a Great Thing
February, 13 2018
Global - For many in the world of social enterprise and impact investing, 2017 was a year of intense reflection. Radically shifting government policies and ongoing social unrest forced us to revisit our strategies. Times were tough; and yet, all that turmoil had a silver lining because it underscored the importance of our efforts. Committed, we all seem to be staying the course ...
UBA’s Leo and Digital Banking for Financial Inclusion in Nigeria
February, 13 2018
Nigeria - To show the power of digital banking, the report of the Nigeria Interbank Settlement System (NIBSS) major electronic payment channels showed that total value of transactions notched up 35 per cent to N69.7 trillion in 2017, from N51.6 trillion recorded in 2016 ...
IFC to Invest in Faering Capital’s Second Fund
February, 12 2018
Global - The International Finance Corporation has proposed to invest $15 million (Rs 96.5 crore) in Faering Capital’s second fund ...
FMO Arranges USD 200 Million Syndicated Loan Facility for Ecobank Transnational Incorporated
February, 12 2018
Global - Ecobank Transnational Incorporated, the Togo-based holding company of the pan-African Ecobank Group, today announced the closing of a USD 200 million 5- 7 year syndicated debt facility with FMO, the Dutch development bank ...
China Brings Over 68 Mln People Out of Poverty in Past 5 Years
February, 10 2018
China - China lifted 68.53 million people out of poverty over the past five years, as it made impressive progress in poverty reduction, according to the State Council Leading Group Office of Poverty Alleviation and Development ...
Asia-Pacific Fintech Market to Reach US$72 Billion by 2020, Finds Frost & Sullivan
February, 09 2018
Asia-Pacific - The Fintech industry in the Asia-Pacific region is expected to grow at a CAGR of 72.5% from 2015 to 2020, reaching US$72 billion. The positive outlook is fuelled by growth in digital payments such as increasing adoption of cashless payments by small and medium sized enterprises. There is also more widespread awareness of the viability of using P2P financing as well as new methods of crowdfunding using Blockchain, which will lead to growth in the personal and business financing segment ...
Make Money, Do Good: Women and Young Invest with Purpose
February, 09 2018
Global - Investors increasingly want more than good returns - they want to do good, too, with women and millennials most likely to buy products that seek to save the world, according to a Swiss bank. UBS, a global financial services company, said banks needed to create so-called impact investing products, which further global development goals by supporting sectors such as clean energy, education and healthcare ...
India: Fusion Microfinance Raises Funds from Existing Investors
February, 09 2018
India - The funding will help Fusion Microfinance continue its growth momentum through network expansion, infrastructure capacity ramp up and growing the employee base of 3,00 ...
In Kenya, Financial Inclusion Shifts from Access to Advanced Use
February, 08 2018
Kenya - Financial access in Kenya is already very high, especially when compared to other countries in Africa and Asia. In this setting, the momentum around expanding access has plateaued, but a new narrative is taking hold – around deepening engagement with financial services, more active use, and use of a wider range of more advanced services ...
Record-Breaking 2017 Closes Gap Between Impact and Return-Driven Investing in Africa
February, 08 2018
Global - African startups had a record-breaking 2017 when it came to fundraising, securing a total of $195 million, according to the recently released Disrupt Africa African Tech Startups Funding Report ...
India, China to Lead the Emerging Nations’ Green Bonds Market in 2018
February, 08 2018
India - Cumulative green bond issuance in India has more than doubled to $6.5 billion since the market regulator Securities and Exchange Board of India (SEBI) issued its green bond regulations in May 2017 ...
M. Sock, K. Kwan, Dalberg: Harnessing the Potential of Digital Finance for Women
February, 07 2018
Global - Sixty-two percent of the world’s adult population now has access to a bank account. Digital finance – financial products and services offered through mobile phones and other digital interfaces – is seen as an important way of increasing financial inclusion further across the world. ...
E. Loufield, Director of Strategy and Operations, CFI: Kenya - The Business Case for Financial Inclusion: A Multi-Trillion-Dollar Proposition
February, 07 2018
Kenya - In making the case for financial inclusion, advocates often try to appeal to our business sense, rather than just speak to how it can improve people’s lives. In so doing, they often refer to the “business case,” which in some ways feels like an attempt to convince the disinterested or the skeptics. It’s an acknowledgement that in order to muster the resources needed to make the financial system work better for lower income market segments, there has to be a payoff for those who provide the services ...
US$300 Million to Improve Livelihoods and Create Jobs for 1.5 Million Poor Households in Iraq
February, 06 2018
Iraq - A US$300 million World Bank project will improve the living conditions of over 1.5 million poor households in Iraq by increasing access to basic services and creating employment opportunities at the community level ...
C. Moehrle, Advisor, M. Cheng, Manager, Roots of Impact: Do You Speak Social Finance? Helping Entrepreneurs and Impact Investors Overcome their Language Barrier
February, 06 2018
Global - Social entrepreneurs and impact investors struggle to speak the same language. Why so? Entrepreneurs in need of growth capital tend to lack the necessary financial skills, while investors often fail to comprehend the dimension of impact. A new online education platform, the Social Finance Academy, strives to overcome this language barrier ...
China and Myanmar Launch Poverty Reduction Project
February, 05 2018
Myanmar China - A model project for rural poverty reduction with financial and technical assistance from China was launched in Lewe and Tatkon townships in Nay Pyi Taw last week, the Ministry of Agriculture, Livestock and Irrigation said in a statement ...
Microfinance Companies Show Improvement in Financial Health
February, 05 2018
Global - The worst appears to be over for the microfinance sector with the biggest practitioners of micro lending to the poor showing improved financial health, setting aside the stress they were subjected to for nearly a year after demonetisation ...
New Investment Platform to Deploy $50m to Scale Energy Access
February, 05 2018
Global - A new investment platform was launched today, set to revolutionise access to energy for millions in sub-Saharan Africa and Asia. The BEAM platform – the first of its kind – is set to initially deploy $50 million in equity for distributed energy service companies (DESCOs) and will unlock further debt capital ...
Kempen Launches Impact Investing Pool
February, 01 2018
Global - Kempen has launched a multi-asset impact fund, which it said is focused on targeting market-level financial returns and positive societal and environmental impact ...
World Bank to Help Africa Expand Financial Inclusion
February, 01 2018
Global - The World Bank's private sector arm on Wednesday said it will assist Africa to expand financial inclusion through leveraging on technology ...
Nigeria: 7,000 SME Operators Get BoI’s Micro-Credit Loans
February, 01 2018
Nigeria - The Bank of Industry (BoI) has disbursed micro-credit loans ranging from N50,000 to N100,000 to over 7,000 beneficiaries in Cross River State under the Federal Government’s Enterprise and Empowerment Programme (GEEP) ...

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