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Press Release: DFC and IDB Invest Expand the Americas Partnership Platform by Creating a New Co-Financing Framework to Promote Sustainable Development in Latin America and the Caribbean
The U.S. International Development Finance Corporation (DFC) and IDB Invest launched a new co-financing framework that furthers their collaboration to support high-impact development projects in Latin America and the Caribbean.
- Categories
- Finance
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Mobilizing Capital in the Low-Cost Private School Sector: Key Insights Two Years into an Innovative Partnership
One in five children in sub-Saharan Africa are out of school, and without scalable solutions, the region — like other emerging markets — won’t meet SDG 4’s goal of education for all. Mauricio Rincon and Mathieu Fourn at Opportunity International, and Alvaro Ma at Oikocredit argue that affordable non-state schools can help address this need — but only if they're supported by financial institutions and impact investment. They share learnings from a partnership between Opportunity and Oikocredit that is directing millions of dollars in capital to these schools, along with capacity building and other support.
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Press Release: Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research
The research, titled “African Digital Payment Systems and Consumers’ Experience in 2023,” sheds light on pivotal insights driving Africa’s rapidly evolving payment ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Brazil’s Pix Payments Are Killing Cash. Are Credit Cards Next?
In three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector.
- Categories
- Finance, Technology
- Region
- Latin America
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Accelerating Africa’s E-Commerce Revolution: A SaaS Solution Leverages Payment and Logistics Innovation to Unleash the Continent’s Entrepreneurial Potential
Africa’s e-commerce landscape is in the midst of an ongoing revolution, as the growth in internet access has enabled businesses across the continent to sell their products locally, regionally and globally. Moulaye Taboure at ANKA explains how his company is leveraging “Software as a Service” (SaaS) innovation to connect these businesses with consumers, while providing payments and logistics services geared toward their unique needs. He shares highlights from a recent ANKA whitepaper that outlines key trends and developments in African e-commerce.
- Categories
- Finance, Technology
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Access Holdings Collaborates With Safaricom and M-Pesa to Facilitate Remittances Between East And West Africa
Access Holdings, led by Aigboje Aig-Imoukhuede, is pushing for the biggest share of the remittance market in East and West Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigerian Blockchain Fintech Startup Zone Raises $8.5 Million Seed
Zone, a Nigerian blockchain fintech has secured $8.5 million in a seed round led by Flourish Ventures and TLcom Capital.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech, remittances, startups
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M-PESA Safaricom, Onafriq Partner for Streamlined Remittances to Ethiopia
Through the agreement, individuals within Ethiopia can receive remittances from different parts of the world through M-PESA.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa