Finance & The 3rd Sector: Why the Gap?
Is it fair to say that the relationship between finance/banking and the third sector is at an all-time low? And if so, what’s behind it? A CFG (Charity Finance Group) study (1)* from 2018 detailed a survey that found 79% of the 34 charities surveyed faced some kind of difficulty in accessing or using mainstream […]
Dispelling The Myths Part 2: In the Digital Age, International Development is Done with Cash…
So, if it isn’t hedging, which tools DO INGOs really need from the Finance sector? IPT Africa recently spent two days at AidEx 2023, ‘The Global Humanitarian Aid Event’, held at the Palexpo, Geneva. It served as a great showcase for a variety of private sector suppliers, from aviation logistics to aid kit distributors and […]
Dispelling the myths – Hedging in an INGO World.
In the world of FX and payments, hedging is the go-to tool for FX brokers to secure business revenues, as well as offering solutions that meet numerous client-type needs, meaning everybody wins. Hedging is a risk-mitigation strategy used broadly that benefits a large number of different business models through various levels of sophistication, that is, […]
Empowering Change: Transforming the Third Sector with Innovative Digital Payment Solutions
In the rapidly changing landscape of technology, nonprofits across Africa and emerging markets face a critical juncture. Embracing digital disruption has become a necessity for organizations seeking to maximize their impact and create lasting change. Many third-sector leaders remain skeptical, but it is time for NGOs to recognize the transformative power of technology and embark […]
Managing Your Cash Flow in Emerging Markets
In today’s globalized economy, many businesses and organizations operate across multiple borders, making treasury management more important and complex than ever. This complexity is particularly pronounced for NGOs (Non-Governmental Organisations) operating in Africa due to the unique challenges of working with different currencies, time zones, and banking structures. NGOs play a vital role in promoting […]
Managing your payroll in Emerging Markets
According to a Harvard Business Review survey, 63% of international organisations plan to expand their global presence, and 37% plan to enter new emerging markets within the next 12 months. Payroll is challenging and complex, especially for those organisations operating in multiple emerging markets. By understanding the uniqueness of payroll management, organisations can navigate these […]
Payment corridors: Operate globally, connect locally
Payment corridors refer to the global network of currencies and countries financial institutions and intermediaries use to facilitate cross-border payments. Accessing local currencies and networks is critical to operating efficiently in emerging and frontier markets. As local payment requirements become more prevalent in emerging economies, there is an increasing need for global businesses operating in […]
Digital payments in the humanitarian industry
The ability for the humanitarian sector to access digital payments has become a vital part of their operations, with the pandemic revolutionizing the way digital payments work. With a spike in digital platform adoption during the pandemic, payments platforms, digital wallets and mobile payments have become an essential part of the global financial system. NGOs […]
Why should NGOs embrace financial technology for cross-border payments
The payments landscape in Africa is rapidly evolving, driven by a combination of technological innovation, government initiatives, and economic growth. As the continent continues to develop and modernize, we can expect to see continued growth and innovation in the payments industry, including cross-border payments. But what does this all mean for NGOs? Cross-border payments are […]
Interview with Mark O’Sullivan, CEO, IPT Africa
In the fast-paced world of finance, technology is driving innovation and disruption like never before. Fintech, or financial technology, is at the forefront of this revolution, transforming the way people and businesses access and manage their money. To gain insights into the latest trends and developments in this rapidly evolving sector, we sat down with […]