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Crypto Titans Announcing Libra Clone Targeting 5.6 Billion for Financial Inclusion
Move over Libra. Facebook’s controversial stablecoin initiative has a new challenger that wants to change the financial system and reimagine how people can gain access to services. Fifty top companies in the cryptocurrency and blockchain industry have launched a new platform called Celo, an open blockchain that’s designed to drive significantly more financial inclusion by reaching people around the world – not through banks, branches and traditional institutions – but through 5.6 billion smartphones.
- Categories
- Finance, Technology
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GSMA Report: Big Gender Gap in Mobile Internet Access
The study finds that the mobile internet gender gap has narrowed and 54 per cent of women in low- and middle-income countries now use mobile internet, up from 44 per cent in 2017. However, the underlying gender gap in mobile ownership remains largely unchanged
- Categories
- Technology
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‘Platform-Led Upskilling’ in Africa: Can Digital Platforms Help Close the Continent’s Skills Gap?
Rising mobile and internet access have resulted in a profusion of digital marketplace platforms in emerging markets like Africa. These platforms have injected structure into informal markets, connecting buyers to sellers and workers to jobs. And according to Jessica Osborn at Caribou Digital, they're also delivering other benefits. She explores how digital platforms are closing the skills gap and transforming the future of work in Africa and beyond.
- Categories
- Technology
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Microsoft, Accenture Join to Provide Tech Support to Social Enterprise Startups
Through the programme, Microsoft Research India and Accenture Labs will help social enterprise startups test and validate proof-of-concepts, conduct design thinking sessions to help them re-envision the impact of their solutions, and provide support in exploring and using Microsoft technologies.
- Categories
- Entrepreneurship, Technology
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Microsoft, Accenture join to provide tech support to social enterprise startups
Intending to help deepen the reach of entrepreneurs and start-ups that are focused on social impact and sustainability, the joint initiative by Microsoft and Accenture aims to provide hands-on support and technologies to social enterprises, helping them build scalable solutions and business models that can lead to more tangible and lasting benefits.
- Categories
- Entrepreneurship, Technology
- Region
- South Asia
- Tags
- startups, technology
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Is India the Next Battleground for African Fintech Startups?
As East African fintech startups look for growth opportunities in the face of increasing competition, many are considering expanding into new countries – and India is a top target. Analysts with BFA explore why these startups' established business models and tested skills give them a solid chance to succeed – and why the Indian market nevertheless presents a formidable challenge.
- Categories
- Finance, Technology
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AWS partners with Kenya’s Safaricom on cloud, consulting services
Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell competition between American cloud providers in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Unlocking the Untapped Opportunity in Asia Through Impact Investing
There is a huge, untapped market opportunity in Asia, driven by under-served populations, with income levels of the poor in Asia expected to increase significantly over the next decade.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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