SPECIAL REPORT: Public Solutions at SAM: Collateral Registries, Business Training, Higher Microinsurance Uptake Can Promote Entrepreneurship in Africa

At SAM Conference 2017, Addis Ababa, Ethiopiathe SAM (Semaine Africaine de la Microfinance) plenary on “Public Solutions to Promote Entrepreneurship in Africa,” Kennedy Komba of the Alliance for Financial Inclusion (AFI) explained that his institution’s SME (Small and Medium-sized Enterprise) Working Group comprises 53 regulatory and policy-making bodies. To facilitate the growth of entrepreneurship, these agencies have created collateral registries, adjusted lender liquidity ratios, updated know-your-customer frameworks and established rules for digital financial services. Trainers in Zambia used a financial education game to reach 5,000 people, of whom 80 percent were able to improve their businesses as a result. In Ghana, the Ministry of Agriculture and the Bank of Ghana collaborated to boost local value chains in an effort to reduce costly

SPECIAL REPORT: Ann Miles on Envisioning Agriculture As a Business for Youth in Africa – 3 Weeks Ahead of the SAM Conference in Ethiopia

MicroCapital: The Mastercard Foundation is organizing a session at SAM (Semaine Africaine de la Microfinance) on “Envisioning agriculture as a business for youth in Africa.” What tools do youth need to be successful in agriculture?

Ann Miles: Learning and training is critical for youth to succeed in whatever they undertake, so we offer scholarships for talented but underprivileged youth to obtain secondary and university education. Once they graduate, we assist young people in finding work in agriculture; accessing finance or training for entrepreneurship; or developing the “soft skills” necessary to succeed in any job, such as networking, communication, or demonstrating reliability and resourcefulness.

Studies consistently have shown that

MICROFINANCE EVENT: Making Finance Work for Women Summit; October 24-25, 2017; Dar es Salaam, Tanzania

Event Name: Making Finance Work for Women Summit

Event Date: October 24 – October 25, 2017

Event Location: The Kilimanjaro Hotel, Dar es Salaam, Tanzania

Summary of Event: The theme of this year’s biennial summit is “Digital Financial Inclusion.” Sessions will include topics such as “the state of digital financial services”, how policymakers

MICROFINANCE EVENT: Making Cents International Presents 2017 Global Youth Economic Opportunities Summit; September 27-29; Arlington, Virginia, USA

Event Name: Global Youth Economic Opportunities Summit 2017

Event Date: September 27 – September 29, 2017

Event Location: Marriott Crystal Gateway, Arlington, Virginia, USA

Cost: The fee to attend is USD 895 with a discount of USD 100 offered until July 14. A rate of USD 495 is offered to participants traveling from developing countries and for all attendees under age 30.

Summary of Event: The theme of this year’s event is “The Future of Work: Youth Economic Opportunity in a Changing World,” and it will address issues such as the diminishing role of

MICROCAPITAL BRIEF: Asian University for Women Expanding on Partnerships with Grameen Bank of Bangladesh, BRAC Afghanistan

Asian University for Women (AUW), which was created in 2008 in Chittagong, Bangladesh, is in the process of bringing on additional partners through which it will recruit bachelor’s degree candidates from low-income regions of Asia and the Middle East. The mission of AUW is to offer talented young women from families with minimal educational and financial resources the opportunity to earn an undergraduate

MICROCAPITAL BRIEF: Tigo; UNICEF; Tanzania’s Registration, Insolvency and Trusteeship Agency to Provide Mobile Birth Registration for 200k Children in Iringa, Njombe Regions

Tigo Tanzania, a brand of Swedish telecom provider Millicom, recently announced that it will expand its partnership with the United Nations Children’s Fund (UNICEF) and the government of Tanzania’s Registration, Insolvency and Trusteeship Agency (RITA) to register and provide birth certificates to an estimated 200,000 children under the age of five in the Iringa and Njombe regions.

MICROFINANCE EVENT: Aflatoun to Host Annual International Meeting on Social, Financial Education, November 2-4, 2016, The Hague, the Netherlands

Event Name: Aflatoun International Meeting 2016: Social and Financial Education Contributing to the Sustainable Development Goals (SDGs)

Event Date: November 2 – November 4, 2016

Event Location: World Trade Center, Prinses Beatrixlaan 582, The Hague, the Netherlands

MICROCAPITAL BRIEF: Nicaragua’s Fabretto Acquires Grants Totaling $1.8m for Training Rural Youth from Japan Special Fund for Poverty Reduction, Multilateral Investment Fund

Fabretto, an educational NGO in Nicaragua, recently received grants from two entities managed by the US-based Inter-American Development Bank Group: (1) USD 1 million from the Japan Special Fund for Poverty Reduction (JPO), which is funded the government of Japan and; (2) USD 800,000 from the Multilateral Investment Fund (MIF), which assists organizations in Latin America and the Caribbean.

MICROCAPITAL BRIEF: Philippine Department of Education (DepEd) Introduces Training on Financial Literacy for Senior High School Students

The Philippine Department of Education (DepEd) recently announced that financial literacy training will be included in the curriculum of senior high school students.

MICROCAPITAL BRIEF: Livelihoods and Food Security Trust Fund (LIFT) Donates $4.5m to World Vision Myanmar for Microfinance Lending, Savings

The Livelihoods and Food Security Trust Fund, a Myanmar-based multi-donor trust fund, recently has donated a three-year USD 4.5 million grant to three organizations affiliated with US-based NGO World Vision, to aid approximately 100,000 people in gaining improved access to financial services.

SPECIAL REPORT: Serving Youth: Back-to-School Savings Promotions, Lower Loan Portfolio-at-Risk (PAR) Ratios

European Microfinance WeekOn Friday, during the final day of European Microfinance Week, Ata Cisse of the UN Capital Development Fund (UNCDF) explained how that organization’s YouthStart program, which was launched in 2010 in partnership with The MasterCard Foundation of Canada, facilitated microfinance institutions (MFIs) in Africa collecting deposits equivalent to USD 16 million through 2014 from 600,000 youth, roughly evenly divided between young men and women.

MICROFINANCE EVENT: European Microfinance Platform (e-MFP) to Host European Microfinance Week 2015, November 18-20, 2015, Abbaye de Neumunster, Luxembourg

Event Name: European Microfinance Week 2015

Event Dates: November 18-20, 2015

Event Location: Abbaye de Neumunster, Luxembourg

MICROCAPITAL BRIEF: Safaricom Foundation; Junior Achievement Kenya; Hand in Hand Eastern Africa (HiHEA) Launch $133k Fund for Youth-Owned Microenterprises

Safaricom Foundation, a charity funded by the Kenya-based telecommunications company Safaricom Limited, recently launched a “revolving fund”[1] that is intended to assist youth-owned businesses in Kenya.