How the World’s Richest Companies Can Help Its Poorest Citizens

Governments increasingly recognize that connecting their unbanked citizens to basic financial services is a valuable tool for overcoming poverty and driving economic growth. From Kenya and Tanzania, to Jordan and Peru, digital technology and simple mobile phones are opening up opportunities for millions of people by helping them to safely save and manage their money.…

via How the World’s Richest Companies Can Help Its Poorest Citizens — TIME

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About Emmanuel Olorunfemi

Passionate about development
This entry was posted in Inclusive development. Bookmark the permalink.

2 Responses to How the World’s Richest Companies Can Help Its Poorest Citizens

  1. Del Monte says:

    Public Private Partnerships are the best way to go but the problem in most African countries the government side does not have the will or the corruption puts off investors like a case in Kenya where an investor had to take his agroprocessing machinery when county government officials demanded huge sums of kickbacks for the factory to be operational.

    Liked by 1 person

    • You’re right Del Monte on corruption, however, African countries can embrace a type of PPP that tranfers risk among partners in a fair manner. That’s major way for African countries’ PPP to work.

      Like

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