Microcredit Archives - ROAPE
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Microcredit Tag

ROAPE’s Jörg Wiegratz introduces a special issue on economic fraud in capitalist Africa. He encourages us to delve deeply into a critical analysis of fraud, its causes, characteristics, and repercussions, in the context of the long history of the relationship between capitalism and economic crime on the continent. This week we will publish two further blogs in our series on economic trickery, fraud and crime in Africa....

After the manifest failure of microcredit to address poverty in Africa and everywhere else, the international development community has hit upon a new microcredit-related idea that, it claims, will do the job this time around: ‘fin-tech’, i.e. financial technology. In this blogpost Milford Bateman argues fin-tech has the potential to gravely undermine the position of the poor and to increase inequality while, not coincidentally, vastly enriching a narrow elite. ...