Daily Archives | Africa
M-Pesa Accelerates Financial Inclusion
April 16th, 2012
READ MOREA post submitted by Ignacio Mas in the World Bank Blog assures that the best way to improve the performance of microfinance institutions and the projects of financial inclusion is “an element of disruption thrown into banking… someone coming from …
Slavery Persists in Mauritania
March 30th, 2012
READ MOREA story published by CNN News reveals a shocking secret: an estimated 10% to 20% people in Mauritania lives in slavery. In 1981 it became the last country in the world to abolish the practice. Nevertheless it remains active and …
iBanker Financial Software
November 9th, 2011
READ MOREiTrends Software is a Nigerian software company operating in Lagos. Its most important development is iBanker, a financial management program that includes special features for African communities. iTrends is accepting applications for free licenses to use the software which will …
MFIs Boost Entrepreneurship in Africa
October 31st, 2011
READ MOREChina is discovering microfinance’s potential for economic development. A report published by Xingua News Service comments the power of microfinance industry in Africa and mentions that it is among the fastest growing in the finance sector of the black continent. …
Microloans for Solar Energy
October 21st, 2011
READ MOREAs we have seen in our news report microloans are more than conventional borrowing. The scheme originally devised for lending money and promoting financial inclusion is useful to deliver health, sanitation and other services that improve the quality of life …
Recruiting a Microfinance Expert
September 29th, 2011
READ MOREThe MicroLoan Foundation, a UK based charity institution, offers training, mentoring, support and microloans for women in rural Africa, enabling them to start and develop their own businesses. They use the profits for their basic needs, to pay food, clothes …
Africa Map of Financial Inclusion of the Poor
September 21st, 2011
READ MOREThe Microfinance Information Exchange is an America based nonprofit organization that collects financial and social performance information from microfinance stakeholders. It has recently published the Africa Map of Financial Inclusion of the Poor that shows microfinance information for each country …
Microfinance Grows in Maghreb
September 19th, 2011
READ MOREIn Algeria, Morocco and Tunisia the youth is increasingly utilizing microcredit to counter unemployment, according to website Maghrebia. In Algeria the number of applications for access government’s loans rose 330% in the first half of 2011. In Morocco the number …
African Investor’s Fair 2011
September 15th, 2011
READ MOREAs we have seen microfinances in Africa are flourishing, and when that happens regulation and transparency criteria become pivotal. African Microfinance Transparency is sponsoring an Investors Fair in Accra, Ghana, on October 13th and 14th. According to the sponsors, the …
Google Launches Wi-Fi Product in Kenya
September 2nd, 2011
READ MOREInternet access has a lot to do with financial inclusion. In collaboration with African cable and Internet services provider Wanachi Group, Google has launched a wireless broadband network called “Wazi WiFi” in Nairobi, Kenya, with Aptilo networks. Wanachi is committed …