Sudan Market Profile

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 ...
November 12, 2014 - 9:18am from Google news - microfinance
Sudan farm project,Pakistan micro-finance initiative receive EFICA awardsZawya (registration)Hassan AbdelMageed, of the Bank of Khartoum 's ...
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 ...