Sudan Market Profile

July 23, 2015 - 5:13pm from Center for Financial Inclusion Blog
> Posted by Kettianne Cadet, Program Coordinator, CFI It’s been a few weeks now since our return from Cape Town and the kick-off seminar of the inaugural Africa Board Fellowship, a six-month program launched this year to foster peer-to-peer learning and exchange on governance practices among ...
June 20, 2015 - 3:30pm from MicroCapital
Silatech, a Qatar-based social enterprise aiming to increase employment and entrepreneurship among youth in the Middle East and North Africa, recently announced the development of Narwi, a nonprofit crowdfunding platform that will support microentrepreneurs via Islamic charitable giving. The platform is scheduled to be launched in late June 2015. Through Narwi, donors will be able to establish an endowment called a “Narwi Waqf” to fund microentrepreneurs with donations as small as ...
June 17, 2015 - 5:25pm from Center for Financial Inclusion Blog
> Posted by Danielle Piskadlo, Manager, Investing in Inclusive Finance, CFI #475232300 / gettyimages.com There is nothing like a corruption scandal to highlight the importance of good governance. FIFA, the governing body of world football, is currently in the midst of such a scandal which has indicted 14 people, so far, for an alleged ...
June 8, 2015 - 7:03pm from Private Sector Development Blog
Africa has spent the past 18 years growing at 5 percent a year, after a similar period of decline during which per capita incomes fell by 1.3 percent annually.  Much of Africa’s growth has undoubtedly been fueled by a natural-resource boom, but other factors mattered too: The end of the Cold War helped reduce the incidence of armed conflict to a third of previous levels; structural adjustment reform started to pay dividends; and global debt forgiveness cleared the burden of past ...
May 28, 2015 - 3:38pm from BRAC Blog
This article was originally posted on the World Economic Forum blog, Agenda. It was published in collaboration with Project Syndicate. 
May 23, 2015 - 1:21am from MicroCapital
The Arab Fund for Economic and Social Development, a 22-member multilateral financial institution, recently loaned USD 50 million to the Central Bank of Sudan, primarily for rural microlending. Approximately 50 percent of the loan has been disbursed via four microfinance institutions (MFIs) and 11 state institutions, none of whose identities have been specified [1]. As of 2013, AFESD reported total assets of KWD 2.97 billion (USD 9.8 billion). By Jeff Pierce, Research ...
May 21, 2015 - 4:44pm from Center for Financial Inclusion Blog
> Posted by Alison Slack, Associate, CFI #108095698 / gettyimages.com As CEO of the South Sudan Microfinance Development Facility, Elijah Chol is tasked with helping develop the financial inclusion sector in his fledgling country. Elijah is a member of the inaugural class of the
May 12, 2015 - 9:56pm from Microfinance Africa
To contribute effectively to the financing of microfinance projects at the grassroots level , the CBOS on Wednesday signed microfinance contracts with 15 microfinance institutions from the first installment with percentage of %50 of the loan of the Arab Fund for Economic and Social Development (AFESD) of a total $ 50 million used mostly for funding microfinance projects of productive , agricultural , industrial , and craft type , as well as a little number of projects in service and trade ...
May 11, 2015 - 7:27pm from Google news - microfinance
Sudan Vision
May 9, 2015 - 12:42pm from Microfinance Africa
Khartoum – Central Bank of Sudan (CBOS) has allocated US$25 million out of the US$50 million loan for the Arab Fund for Economic and Social Development (AFESD). Meanwhile, the CBOS head office witnessed yesterday the signing of contracts to finance 15 microfinance institutions as an effective contribution in financing small-scale projects. For his part, CBOS Governor, Abdul Rahman Hassan hailed the pioneering role of the AFESD in supporting microfinance projects. He ...
May 7, 2015 - 1:22pm from Microfinance Africa
Central Bank of Sudan (CBOS) will sign today, Wednesday, contracts of wholesale financing with 15 microfinance institutions. The signing ceremony will take place at the CBOS head office in the attendance of microfinance institutions and the CBOS officials. Meanwhile, CBOS Governor discussed with North Kordofan Governor, Ahmed Haroun the executive policy of the requirements forwarded to the Supreme Microfinance Council meeting in response to the directives of the First Vice ...
April 8, 2015 - 7:34pm from Private Sector Development Blog
On a mission for MIGA – the political risk insurance arm of the World Bank Group – I recently visited Burundi, South Sudan and Afghanistan to understand the investment conditions and needs of these conflict-affected countries.   In a blog post, I've shared four common threads that I observed ...
March 19, 2015 - 7:28am from BRAC Blog
What comes to your mind when you think about innovation? Most of us relate innovation to places like Silicon Valley. However, there are incredible social innovations happening in the global South; starting from Sudanese villages to Afghan classrooms and in many other not-so-known places, where you least expect anything related to innovation. In last summer, BRAC’s social innovation lab took an initiative to identify social innovations happening across BRAC International, reaching ...
March 5, 2015 - 2:23pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Communications Associate, CFI Coinciding with this week’s Mobile World Congress in Barcelona, GSMA’s Mobile Money for the Unbanked (MMU) program released its fourth annual ‘State of the Industry Report on Mobile Financial Services.’ I talked with Jennifer Frydrych, Insights Coordinator for the MMU program and one of the authors on the report, about the project’s findings. The conversation touched on new markets, shifts in the mobile ...
February 24, 2015 - 1:48pm from Microfinance Africa
Khartoum – Microfinance in the country is still facing obstacles that require the concerted efforts of the relevant parties to achieve the desired objectives, Assistant Governor of the Central Bank of Sudan (CBOS) has said. Mohammed Ali Al-Sheikh said the experience has become a model in a number of countries. During the Media Forum on banking issues and microfinance, Al-Sheikh said that the bank is adopting the microfinance policy in order to contribute to the reduction of ...
February 2, 2015 - 3:30am from Acumen Fund Blog
Acumen is proud to announce the selection of our fourth cohort of East Africa Fellows. After a competitive application process, we’ve chosen a diverse group of 21 leaders from five different countries in the region: Kenya, Uganda, Tanzania, Rwanda and, for the first time, Ethiopia. This year’s Fellows are fighting poverty and changing lives across East Africa through unique initiatives that range from providing much-needed ambulance services to helping make hygienic sanitation more ...
January 12, 2015 - 3:11pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Communications Associate, CFI #142765195 / gettyimages.com Islamic finance is expected to expand substantially in 2015, from 2014’s total of $2.1 trillion to $2.5 trillion, according to figures released last week by the Al-Huda Centre of ...
January 2, 2015 - 1:34pm from Microfinance Africa
(Lahore) 2014 proved to be tremendous for Islamic banking and finance industry. It not only exceeded the limit of 2 trillion dollars assets but it also got access to the new markets including various new destinations of European region, Korea, Australia, Brazil, Malta, Argentine, China and many more. Islamic banking and finance gained the popularity in its traditional markets of e.g. Malaysia, Pakistan and Middle East as well. There are various countries which recently stepped into ...
December 4, 2014 - 1:26pm from Microfinance Africa
Chief executives of microfinance institutions in the region will next week, December 8-9, converge in Kigali to discuss ways on how to improve the sector in the East African Community (EAC) bloc. The East African Microfinance Network (EAFMNET) CEO roundtable will be the first of its kind. It will be held under the theme, “The role of microfinance in EAC economic integration.” EAFMNET is a network comprising of microfinance associations from Rwanda, Uganda, Tanzania, Burundi ...
November 30, 2014 - 4:17am from BRAC Blog
This article was originally posted on the Stanford Social Innovation Review blog on 26 November 2014. Four lessons for scaling social impact that arose from curing children’s diarrhea in Bangladesh in the 1980s. Diarrhea caused by contaminated water is the single greatest killer of children in much of the world. In the 1980s, the Bangladesh-based organization to which I belong, BRAC, ran a ...