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African Development Bank Group Earmarks $8 Million to Establish Interoperable Bank ID System in 4 West African Countries
The purpose of the new bank ID system is to enable the linkage of bank accounts across different financial service providers in what is seen as a financial inclusion push.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Edtech MindX Wants to Build ‘Little Silicon Valleys’ Across Vietnam
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech.
- Categories
- Education, Technology
- Region
- South Asia
- Tags
- business education, edtech, youth
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Amazon to invest USD 1.7 Billion in South Africa
The group published a new economic impact study (EIS) which outlined AWS Africa's projected forecast of investment to construct, operate, and maintain its cloud infrastructure in South Africa.
- Categories
- Investing, Technology
-
ZestMoney Set to Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through
According to reports, the fintech company will trim its workforce by around 20% as part of its business continuity and survival plan.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Volante Technologies and HCLtech Collaborated to Enhance Modernisation of Cloud Payments for Financial Institutions
The companies will promote payments modernization to assist financial institutions in keeping up with the industry’s fast-paced digital disruption.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- digital payments
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Emirates Telecommunications Takes $400 Million Majority Stake in Careem’s Super App
According to the details of the agreement, Emirates Telecommunications is investing $400 million to become a majority shareholder in Careem's Super App alongside Uber.
- Categories
- Investing, Technology, Telecommunications
- Region
- Global
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Bank Alfalah Partners with Access Group to Boost Digital Payments Ecosystem in Pakistan
Through the DigitalPass acceptance network of Access Group, the partnership will embed merchants nationwide with Bank Alfalah’s point-of-sale (POS) and e-Commerce ecosystem.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
-
OPEC Fund Financing Clean Cooking Energy Transition in Madagascar
The grant funding will provide technical assistance support for Madagascar’s National Clean Cooking Transition Programme.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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