Sudan Market Profile

October 28, 2014 - 5:04am from MicroCapital
The Communications Authority (CA) of Kenya, the government body that regulates the communication industry in the country, and the Central Bank of Kenya (CBK), the country’s central banking authority, have given their approval to Equity Bank, a private Kenyan microfinance bank, to roll out a one-year pilot of its mobile money services using “Thin Sim technology” [1]. The technology consists of a film that is 0.1 millimeter thick layered over an existing phone SIM card, the card inside a ...
October 13, 2014 - 12:28pm from Microfinance Africa
Khartoum – The Qatari based Financial Innovation Bank (Bank Al-Ibdaa Al-Mali) has agreed to open a branch in North Darfur’s region of Um-Kaddadah as a part of efforts to establish peace, reconstruction and development in Darfur. During its recent Sanabel conference under the theme of “Microfinance at Crossroads; Current Developments and Future Prospects in the Arab States” in Dubai, the Microfinance Network of Arab Countries presented the trial in North Darfur regarding ...
September 29, 2014 - 1:01pm from Microfinance Africa
In Ethiopia, the National Bank of Ethiopia (EBE) took over the responsibility to license and organize the working of MFIs. The NBE is helping MFIs through prudential regulations. These regulations were aimed at promoting the sector to alleviate poverty, introducing financial discipline and best delivery of financial services, protecting depositors prohibiting NGOs which mix charity with lucrative lending. NBE license, supervise and regulate financial institutions such as ...
September 27, 2014 - 7:11pm from Microfinance Africa
By Professor Badr El Din A. Ibrahim Sudan introduces the wholesale lending to MFIs via a governmental agency (Wholesale Guarantee Microfinance Agency, Kafalat) to siphon banks’ wholesale finance to MFIs with 75% risk-sharing at a cost of 0,5% of the total loan via restricted Mudarabah contract. The wholesale programs in Sudan is dominated by the CBOS and shared by commercial banks, SMDC, and partnership with IDB. As of May 2014, out of SDG 328 ...
September 24, 2014 - 1:09pm from Microfinance Africa
Khartoum – The Vice President of the Republic Hassabo Mohamed Abdul-Rahman has affirmed the need to link the issues of microfinance to the socio-economic reform. He vowed to address the challenges facing microfinance to alleviate poverty and to increase production and productivity. He gave directives, when he addressed an inclusive forum on the issues of microfinance held Monday at the Friendship Hall under slogan (Leading microfinance Project to Reduce Poverty), to the ...
September 23, 2014 - 12:00pm from Microfinance Africa
Khartoum – Vice President Hassabo Mohamed Abdul Rahman has emphasized the importance of linking issues of microfinance with economic and social reform, increase of production and productivity and tackling challenges facing microfinance. In his speech to a forum on microfinance convened yesterday in Khartoum, he directed the Central Bank and the Ministry of Finance to support microfinance institutions across the States. He demanded the assessment of the impact ...
September 22, 2014 - 8:12pm from Google news - microfinance
Sudan Vision
September 9, 2014 - 8:39pm from MicroCapital
Event Name: Sanabel 2014 Conference : Microfinance at Crossroads : Current Developments and Future Prospects in the Arab States Event Date: September 29 – September 30, 2014 Event Location: Intercontinental – Festival City, Dubai, United Arab Emirates (UAE) Summary of the event: During the first day, sessions will discuss regional trends, opportunities and alternative approaches to microfinance in Arab countries. Topics to be covered include the risks of microfinance, ...
September 5, 2014 - 4:34pm from Center for Financial Inclusion Blog
> Posted by Center Staff This edition of top picks features posts highlighting discussions at the 17th Microcredit Summit, how the Ebola crisis is affecting microfinance in West Africa, and new statistics on the continued growth of the mobile money industry worldwide. The 17th Microcredit Summit, this year’s iteration of the Microcredit Summit Campaign’s annual conference, is underway this week in Merida, Mexico. For those of us not in attendance, the Campaign is ...
August 20, 2014 - 3:40am from BRAC Blog
As we read this, there are millions of people in different corners of the world who are unsure if they will wake up alive in the morning due to their inhabitancy in conflict-ridden regions. There are people who brace themselves every morning to face another day of poverty or wonder if they will be able to afford medicine for their children. So what is World Humanitarian Day? On 19 August 2003, ...
August 19, 2014 - 11:55am from Global development: Poverty matters blog | guardian.co.uk
Eleven years ago today, 22 of our colleagues were killed in a bombing of the UN headquarters in Baghdad, Iraq. Every year since has brought more heartache to the aid community. In conflict zones around the world, men and women who have dedicated their lives to helping others have been ...
August 15, 2014 - 2:20pm from Global development: Poverty matters blog | guardian.co.uk
Another deadline has passed. But instead of bringing peace, the leaders of South Sudans warring parties have allowed the country to continue its slide toward famine.Sunday was the deadline for
August 7, 2014 - 7:51pm from Google news - microfinance
The Bank of Khartoum: Innovation in Islamic MicrofinanceWorld Bank GroupKHARTOUM, August 5, 2014 – Where once there was barren land, the Bank of Khartoum ...
August 4, 2014 - 3:42pm from Global development: Poverty matters blog | guardian.co.uk
Talks between rebels and the government to try to end seven months of bloodshed in South Sudan resumed in Ethiopia's capital, Addis Ababa, on Monday. The session begins amid continuing reports of fighting and increasingly dire warnings from aid agencies of impending ...
July 29, 2014 - 3:50pm from Center for Financial Inclusion Blog
With under 40 days to go, the 17th Microcredit Summit is rapidly approaching. CFI’s Josh Goldstein will be speaking during a plenary session focused on new innovations for microfinance and other financial inclusion interventions to more effectively reach the excluded. With the theme “Generation Next: Innovations in Microfinance,” this ...
July 23, 2014 - 2:37pm from MicroCapital
Mobile Telecommunications Network (MTN) Rwanda, the Rwandan branch of South Africa-based mobile telecommunications company MTN reportedly has announced a partnership with Kenya Commercial Bank Group (KCB) and I&M Bank, which both offer corporate and retail banking services in Kenya, and RSwitch, an electronic payment service firm based in Rwanda, to offer cardless automated teller machine (ATM) services in Rwanda. The partnership will allow clients of MTN to access services through ...
July 17, 2014 - 8:42pm from Financial Access Initiative Blog
Just about everyone agrees that international remittances should be cheaper. If you run the numbers on international remittance flows, incomes of recipients and transaction costs, you can make a case that reducing remittance costs would be among the highest ROI interventions for raising incomes of poor households in the developing world (and given what we’re learning about ...
July 17, 2014 - 6:00am from Global development: Poverty matters blog | guardian.co.uk
2013 was a record year for worldwide spending on humanitarian relief. Millions of people were affected by three very different crises in
July 16, 2014 - 1:22pm from BRAC Blog
When you first meet Jackie, it is difficult not be to be taken by her charm. She sat opposite me in her calm, collected, yet casual poise, occasionally breaking out in laughter.  But she still managed to exhibit a stern resolution as we discussed what it meant to part of BRAC’s first batch of international young professionals. Jackie crosses the street in Barisal during one of her ...
July 8, 2014 - 6:58pm from Global development: Poverty matters blog | guardian.co.uk
South Sudan, the world's youngest country, is celebrating its third birthday facing catastrophe. It tipped over the edge after fighting erupted at the end of last year, when a dispute between President Salva Kiir and his deputy Riek Machar turned into ...