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Kenya to Employ Mobile Money to Fight Tax Evasion
Kenya has introduced a new policy aimed at using mobile money to curb tax evasion in that country.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Diaspora Remittances Now Kenya’s Largest Foreign Exchange Earner
Kenya is now earning more foreign exchange from diaspora remittances than each of its major exports.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Avanse Financial Bags $98.3 Million Funding From Kedaara Capital
Avanse will use the funds to expand its presence and offer more credit to Indian students.
- Region
- Asia Pacific
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Press Release: USAID Announces Four New Public-Private Partnerships Under the Digital Invest Program to Support Digital Finance and Internet Service Providers
This year, USAID will launch the following new partnerships, expanding and diversifying the Digital Invest portfolio.
- Categories
- Finance, Technology
- Region
- Global
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PhonePe Raises $350 Million From General Atlantic at $12 Billion Valuation
Walmart-owned PhonePe on Thursday said it has $350 million in its latest funding round from General Atlantic at a pre-money valuation of $12 billion.
- Region
- Asia Pacific
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International Monetary Fund Executive Board Approves $240 Million Disbursement to Uganda
The financing agreement with Uganda will allow for the immediate release of about $240 million to the East African country.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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We Asked Small Business Owners How Digitalization is Impacting Their Businesses: Here’s How They Responded
Digitalization has become the go-to strategy for improving the performance of Latin America’s micro and small enterprises (MSEs). But according to Daryl Collins and Maria Pia Torres at Decodis, we know little about how MSE owners themselves experience these changes. They share insights from Decodis' surveys of 114 mostly women-led MSEs in Colombia, Mexico and Peru, which highlight how digital solutions have become embedded in these businesses – and where business owners see the most value in digitalization.
- Categories
- Entrepreneurship, Finance, Technology
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Nubank Secures $150 Million Credit Line With Second Loan Since April
The loan from the IFC, the financial arm of the World Bank, the second credit line for the fintech since April, will be used for expansion in Latin America.
- Categories
- Finance
- Region
- Latin America
- Tags
- financial inclusion, fintech, loan
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