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CAPE TOWN, South Africa -- Gaining market share in Africa is a very different kettle of fish. Tencent, Alibaba and Baidu's red envelope rivalry may remain limited to China for now, but a battle for access to Africa's burgeoning mobile Internet market could be on the horizon, too.
As Fairlamb explains, "Small scale farmers are responsible for producing 70 percent of the world's food, but the majority
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.
There are few that don't have an opinion when it comes to judging the value of design in today's companies. Silicon Valley powerhouse Apple undoubtedly cashed in on design and many newcomers are doing so too. Imagine Uber and Airbnb for instance without design thinking.
Half of the world's population lives and works in the informal economy - not by choice, but by necessity. In the language of economists, poor families in developing countries are consumption-smoothing households and capital-consuming, self-employed entrepreneurs at the same time.
Within retail banking, there have been two standout, truly disruptive innovations in the last 20 years, where a few banks applied mass marketing techniques to create something unique.
Your mobile phone can save a thousand lives. And now, through Developers Doing Development, Michael Henderson and Scott Akers are using SMS automation to combat issues of infrastructure and disease.
People are more empowered now than they've ever been. And they're having their say in ways they've never had before, heard by wider audiences and taken ever more seriously.
Don't be so alarmed. You will be surprised to know that some countries you are used to in Europe, etc., may actually be more
The enthusiasm surrounding this concept represents a paradigm shift: an understanding that market-based tools, imperfect as they are, can be leveraged to help even those who have been left behind by global capitalism.
In the aftermath of the global crisis, public opinion in the North is less convinced of the merits of an inclusive financial system. How, exactly, does it help, when the reckless expansion of mortgage credit in North America just triggered the deepest recession in recent memory?
While many parts of the world have been struggling with flat or flagging economic growth, Africa looks set to carry on growing at a fair clip.
By itself technology doesn't end poverty, but it allows us to create the connections and relationships that together can break down the systems that keep people poor.
2010 was a bumper year for innovations in the banking and payments space. Here are some of the top innovations.
If we can scale up financial service innovations like "mobile money," we can bring savings and other financial services beyond the bank's four walls to the doorsteps of the poor.