Countries & RegionsMicrofinance in Angola:
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May 18, 2012 - 12:47pm
from MicroCapital
The government of Angola reportedly has announced it plans to spend an amount approximately equivalent to USD 850 million during 2012 to facilitate access to credit for enterprises – including microenterprises – in the country. Licinio Vax Contreiras, advisor to Angola’s Economy Minister, reportedly said that the minister has chosen 14 unnamed banks to distribute the money. Mr Contreiras added that the government has created a policy that will help banks increase the speed at which they ...
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May 2, 2012 - 1:24am
from Microfinance Gateway News & Opinion
“Kenya: Faulu Offers Mobile Credit to Airtel Customers”
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April 3, 2012 - 8:41pm
from BRAC Blog
By Rod Dubitsky, Board Member, BRAC USA
In this highly partisan political season, where economic calamity is deemed inevitable if the wrong party is elected, “The Coming Prosperity” is a refreshing new entrant on the bookshelf. It is a book at odds with political rhetoric, but squares nicely with emerging global trends. The argument, in a ...
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March 28, 2012 - 3:58am
from Microfinance Gateway News & Opinion
“Angola: Govt invests €1.5bn to improve SME access to finance”
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March 9, 2012 - 4:02pm
from MicroCapital
Triodos Investment Management, which manages funds that invest in venture capital and social finance, has announced that it will act as co-investment manager alongside Women’s World Banking Asset Management for Isis Fund, an equity fund that aims to increase access to finance for women around the world. Isis Fund was launched by Women’s World Banking (WWB), a US-based nonprofit network of 39 microfinance institutions (MFIs), and is intended to make equity investments in MFIs that are ...
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February 29, 2012 - 2:34pm
from MicroCapital
Rural Impulse Fund II, a Belgian microfinance investment vehicle managed by Incofin Investment Management; MicroVest II, a US-based equity fund managed by MicroVest Capital Management and ASN-Novib fund, a Dutch microfinance investment vehicle managed by Triple Jump, have taken stakes totaling 45 – percent ownership in Arnur Credit, a microfinance institution (MFI) based in Kazakhstan. The breakdown of the shareholding among the three investors has not been disclosed. The remaining shares ...
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February 13, 2012 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
Few would disagree with the main message of the World Bank's Global Economic Prospects report, published last month: the future is full of ...
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February 7, 2012 - 8:21am
from MicroCapital
Nederlandse Financierings-Maatschappijvoor Ontwikkelingslanden NV (FMO), a Dutch development bank, has partnered with UK-based Triodos Bank to start an online magazine Upsides (www.upsides.com) focusing on responsible finance and sustainable development in emerging markets. The magazine highlights sustainable development food and agriculture, energy and climate, and housing and ...
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January 25, 2012 - 1:30pm
from Global development: Poverty matters blog | guardian.co.uk
A leadership contest for the African Union, pitting a regional political and economic powerhouse, South Africa, against the small west African country of Gabon, has galvanised the AU summit.The race between Jean Ping, who is seeking a second term, and Nkosazana Dlamini-Zuma, the South African home affairs minister and President Jacob Zuma's ...
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December 30, 2011 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
In late November, Habros Seguar, an Ethiopian industry ministry official, told me how the ministry had just landed a major Chinese investment. During his August trip to China, Prime Minister Meles Zenawi had visited the Pearl River Delta, where higher costs are driving manufacturers offshore. He invited the Chinese to visit Ethiopia. Among other things, ...
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December 26, 2011 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
In an implicitly apologetic headline, the Economist ...
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December 21, 2011 - 7:00am
from Global development: Poverty matters blog | guardian.co.uk
During 2011, a series of external and internal shocks threatened sub-Saharan Africa's hard-won economic gains of the past decade, not to mention its recovery from the global economic crisis of 2008-09.First, the Arab spring had spillover effects in terms of returning migrants (and reduced ...
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September 28, 2011 - 6:00am
from Global development: Poverty matters blog | guardian.co.uk
In Africa, we used to track malaria by metrics of despair – cases and deaths, wasted life and squandered opportunity. We tracked numbing statistics like the million Africans who died annually from this preventable disease a decade ago. Today, however, we track malaria by statistics of progress and momentum. We count the 11 countries that have reduced malaria ...
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September 12, 2011 - 7:12pm
from Microfinance Nigeria
Brian Benza, Mmegi Online
Civil servants, microlenders and mobile phone companies are set to emerge the biggest losers from a recent decision to withdraw the government as the “clearing agent” for credit arrangements between the three parties.
Already, preliminary estimates indicate more than P67 million on a monthly basis going out from civil servants to microlenders and cellphone providers will be affected by the move.
Government has said it will no ...
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September 1, 2011 - 1:40pm
from Microfinance Nigeria
From Angola Press
Huambo – Bai-Microfinance has made available USD 11 million to finance agricultural projects of local business people that subscribed in the provincial agriculture, fishing and rural development department, to benefit from agriculture investment credit.
The fact was confirmed to the press in that city by the director of agriculture, Joaquim António, having revealed that it is underway the phase of selecting beneficiaries of this financial ...
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September 1, 2011 - 12:26pm
from Google news - microfinance
Bai-Microfinance donates USD 11 million for agriculture creditAngolaPressHuambo – Bai-Microfinance has made available USD 11 million to finance agricultural projects of ...
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August 17, 2011 - 7:28am
from Microfinance Nigeria
From TradeInvest Africa
Competition among financial institutions is intensifying in Africa as more governments relax barriers to entry and open their countries’ banking sectors to new players. The flurry of fresh entrants in some countries is credited with helping to drive down banking charges, improve access to banking services and spark off a wave of new products and services.
However, in most countries it is still far easier for companies to gain ...
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August 15, 2011 - 6:01pm
from Global development: Poverty matters blog | guardian.co.uk
Two years on from the signing of a power-sharing agreement between President Robert Mugabe and his main political opponents, Zimbabwe faces a crunch meeting at a summit in Angola this week.The leaders of the Southern African Development Community (SADC) have demanded a "road map" for the implementation of the agreement, including timetabled ...
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August 13, 2011 - 5:47am
from MicroCapital
responsAbility Social Investments AG (responsAbility), a Swiss asset management company that invests in microfinance institutions (MFIs) and microfinance investment vehicles (MIVs), recently reported to MicroCapital that it made investments totaling the equivalent of USD 4 million in Bai Tushum of the Kyrgyz Republic, Arnur Credit of Kazakhstan and Bereke of Kazakhstan. The investments were made through responsAbility Global Microfinance Fund (rAGMF), an MIV that is managed by ...
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August 12, 2011 - 6:00am
from Global development: Poverty matters blog | guardian.co.uk
You don't have to think very hard to realise that you need a good grasp of its history to understand any particular economic and political situation today. If you don't know your past, as the refrain goes, you can't know your future.But discussion of history sometimes appears to be a subject banished from ...
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