News Archive - Page 72 of 366 - Re-emerging World

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

Nigeria: Taking financial inclusion to markets and slums

Only 36% of adult Nigerians are covered under formal financial services. The Central Bank of Nigeria has taken steps to rectify this situation, by recognizing the target population which is not covered under financial services – rural people and the informal sector. Consequently, a new scheme has been launched in […]

December 26, 2013

Gender-based financial inclusion: India’s Bharatiya Mahila Bank

India’s all women bank – a bank for women employing women, “Bharatiya Mahila Bank” intends to close the per capita credit gap between men and women in India (80% higher in case of men, compared to women), and increase financial inclusion for women (only 26% of women in India have […]

December 26, 2013

Bangladesh declared the role model for financial inclusion in the Islamic microfinance sector

At the first ever Asian Development Bank conference on Islamic finance for Asia, held in Philippines, Bangladesh was heralded as the role model for financial inclusion. Read more here.

December 26, 2013

Pro-poor microinsurance coverage in Philippines

With the devastation caused by Typhoon Haiyan, the need for microinsurance for the low income base of the pyramid population has become more than evident. According to Insurance Commission deputy commissioner, only 50,000 typhoon victims were covered by micro-insurance policies. Read more here.

December 26, 2013

Cambodia: Microinsurance in the country needs a revamp, says UN

In a recent working group meeting in Phnom Penh, Cambodia, UN Development Business arrived at the conclusion that the microinsurance sector in the country needs rework, given that the low income population are usually on the verge of indebtedness in the face of any crisis. Read more here.

December 26, 2013

Microinsurance in Asia and Oceania grows by 40%

According to a new research by the Munich Re Foundation and the GIZ, microinsurance coverage has increased at an annual growth rate of 40% in the Asia and Oceania region. However, this growth is still low, as microinsurance as of now covers only 5% of the population living in Asia […]

December 26, 2013

Global Financial Development Report 2014: Financial Inclusion

According to this new report by the World Bank, advances in technologies applicable to financial inclusion, like mobile payments, mobile banking, etc., benefit low income populations of the world the most. This report is the second in a series and is a comprehensive study on financial inclusion. Read the report […]

December 26, 2013

Ethiopia: Country powers 13,200 homes with solar energy

According to Ethiopian Energy Ministry, solar systems project worth US$11 million has been launched in the country. Since the launch of the project, 13,200 systems have been installed. Another 11,800 systems will be installed upon its completion. Read more here.

December 26, 2013

Ghana’s mothers to become solar engineers

After the successful Barefoot solar model from India, Solar Venture Africa and the NGO Village Exchange Ghana will be organizing a workshop in rural Ghana to make solar engineers out of Ghanaian mothers. This is to help them produce small and low cost solar powered devices to be sold locally. […]