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contributes to the achievement of the Millennium Development Goals in Least Developed Countries through a variety of innovative approaches in both local development and microfinance.
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August 27, 2010: Pacific Central Banks Hear Fiji’s Experience in Mobile Money Transfer Nadi, Fiji – Representatives from six central banks had the opportunity to quiz Vodafone and Digicel about their new money transfer systems at a recent regional meeting held in Nadi. Senior officials of the Bank of Papua New Guinea, the Central Banks of the Solomon Islands and Samoa, the Reserve Banks of Fiji and Vanuatu and the Banking and Payments Authority of Timor-Leste spent the day learning about the two mobile money transfer systems recently introduced in Fiji. Both operators, Vodafone and Digicel, noted that their initial interest in providing…
August 12, 2010: Local government officials from Bhutan, Nepal and Bangladesh share experiences Asia is growing fast and the success of China, India, South Korea and Taiwan and other original Asian Tigers has fuelled the desire among the neighbouring LDCs to graduate out of LDC status and become fully paid up members of the Asian miracle. Regional groupings such as SARCC, ASEAN and the Pacific Forum have programmes that encourage regional integration. Yet, experience shows that graduation from LDC status at an aggregate level can leave many regions and individuals behind. Indeed, even in countries like India there are many whose lives are still…
August 06, 2010: Pacific Central Banks Discuss Expanding Financial Inclusion Nadi, Fiji - Representatives of six central banks in the Pacific region met today in Nadi to discuss how to promote greater financial inclusion in the Pacific. The three day working group meeting is to help central bankers from Fiji, Papua New Guinea, Solomon Islands, Samoa, Vanuatu and Timor Leste develop policies and regulations that will make it easier for people to save and transfer money with banks or with the new mobile money services offered by mobile network operators. Organisers of the meeting, the Pacific Financial Inclusion Programme (PFIP) estimates…
August 05, 2010: Financial Inclusion in the Pacific Goes Global Turin, Italy - M-banking, accessing financial services over the mobile phone, is one of the cutting edge developments in the field of financial inclusion, and burgeoning developments in the Pacific are now being watched by practitioners around the world. At the Boulder Institute of Microfinance in Turin, Italy, Mike McCaffrey, Technical Specialist with the Pacific Financial Inclusion Programme (PFIP) gave a presentation on initiatives in the Pacific to 325 microfinance practitioners from over 85 countries. In his presentation, "M-money in the Middle of the Ocean", he explained, "When most people think about the Pacific,…
July 16, 2010: Mpowa Pilot Extended To Kokopo Port Moresby, Papua New Guinea - Mr. Sundar Ramamurthy, Managing Director of Data Nets Limited, recently announced that the company’s MPowa Mobile Applications Division had commenced a second pilot in Kokopo in partnership with the NGIP Agmark Group of Companies and supermarket K Central Ltd.This follows the extremely successful first stage in Port Moresby where MPowa was launched at the SVS Harbour City and SVS 2 Mile supermarkets in late March.MPowa is a mobile payments solution that provides a low-cost, secure payments service for the Papua New Guineans who are…
 July 15, 2010: Conférence régionale sur le développement territorial et la cohésion sociale au sein de l’espace Union Economique et Monétaire Ouest Africaine (UEMOA) Quel rôle et quelles modalités d’implication des collectivités territoriales dans le processus d’intégration régionale Ouagadougou, Burkina Faso – La Conférence régionale sur le thème « Développement territorial et cohésion sociale au sein de l’espace UEMOA. Quel rôle pour le collectivités territoriales et quelles modalités d’implication dans le processus d’intégration régionale » s’est tenue récemment au Burkina Faso.Aujourd’hui, dans un contexte de crise globale, l’UEMOA a un rôle important à jouer dans la recherche de réponses communes aux grands enjeux qui se posent en terme d’aménagement du territoire, de transport, de développement urbain et rural, de développement économique, de compétitivité, de développement durable, etc., et qui dépassent…
July 01, 2010: Strategic Approach to Local Development Needed to Foster Growth, Reduce Urban-Rural Disparities in Cambodia Phnom Penh, Cambodia - Cambodia can foster greater growth by tapping into significant yet unexploited potential currently in its possession across its territory. But the country needs to have a more strategic approach to local development in order to take advantage of the potential and tackle the disparities still prominently present between its urban and rural areas, the UN Capital Development Fund (UNCDF) said in a new report. The report – Local Development Outlook Cambodia – was officially launched at the Local Development Forum today, which was attended by 340 people including…
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