From water risk in Punjab to the Central Bank of Nigeria's efforts towards financial inclusion
Every Tuesday we highlight some of the international development stories from across the globe that have caught our attention.
- Water security challenges in Punjab are to be addressed by the GIZ-managed International Water Stewardship Programme. A meeting this week brought together experts in water management to look at Pakistan’s water risks, particularly those impacting hygiene and those related to the textile industry. Read more in The Nation (Pakistan).
- Towns in the Philippines should soon receive round-the-clock solar-powered energy. Masbate and Cagayan are the first two towns targeted, with many others to follow. The president of Solar Philippines, Leandro Leviste, said each micro-grid will benefit half a million people. Read more in the Manila Times.
- The Central Bank of Nigeria set a target to reduce the number of financially excluded Nigerians from 46% (in 2010) to 20% in 2020. Current progress isn’t on track, and this is believed to be related to the economy’s reliance on physical cash, rather than digital cash transactions – which is one of the bank’s targets. Read more in This Day (Nigeria).
- A new institution, the International Development Cooperation Academy, has been established at the Shanghai University of International Business and Economics in China to study and promote international development cooperation. Read more in Shine (China).