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Press release: OPIC President and CEO Washburne to Leave Agency after Successful Modernization Push
"When I first came to OPIC, I committed to building and strengthening the organization. So I am tremendously proud of the work we accomplished with the Trump Administration and Congress to advance the Better Utilization of Investments Leading to Development (BUILD) Act into law, which experts have called the biggest advance in U.S. development policy in a generation."
- Source
- Press release
- Categories
- Finance
- Region
- North America
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Average deposits in Indian PM Modi’s Jan Dhan accounts jump by over 145%
Prime Minister Narendra Modi’s ambitious financial inclusion programme – Jan Dhan scheme, which was once criticised for zero balance or no deposits in a large number of accounts, has been gradually changing the saving behaviour of poor and rural people in the country.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: Why Airtel, Telkom marriage rests on thin foundation
In a joint statement announcing the agreement last week, the companies said the merger excluded Telkom Kenya’s vast land holding, as well as some of its business agreements that include lucrative contracts to provide the government with network infrastructure and connectivity services.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Telkom Kenya, Airtel seek merger to challenge Safaricom
Bharti Airtel’s Kenyan unit has agreed to combine operations with Telkom Kenya, creating the second-largest telecommunications operator in the East African nation after Safaricom.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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How Kenya’s M-Akiba App Can Teach Nigeria a Lot About Financial Inclusion
The Kenyan government recently announced that it would sell around $2.5 million worth of treasury bills through M-Akiba.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Global Findex Database Shows We Can’t Meet the SDGs Without Financial Inclusion
For nearly a decade, Leora Klapper has led the World Bank’s Global Findex database – a survey of how people in more than 150 countries access and use financial services. While academic studies continue to show how financial inclusion underpins and enables social progress, to create a financially inclusive world we need to continually measure the scope and depth of the problem, Klapper argues. That means asking: Who still needs accounts? Who has accounts, but doesn’t use them? And what more can we do to help?
- Categories
- Finance
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Financial inclusion takes stage at massive blockchain hackathon
Financial inclusion and security will be one of the challenges at what is being billed as the world's largest blockchain and AI hackathon, taking place in the Netherlands this April.
- Categories
- Finance, Technology
- Region
- Europe & Eurasia
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The Chinese New Year is a mobile cash bonanza
Baidu, known as China’s Google, offered a whopping 900 million yuan ($133 million) in cash prizes on Lunar New Year eve. The search giant partnered with CCTV New Year’s Gala, the most watched entertainment show in the world.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech