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Two Former Coinbase Employees Are Building a DeFi Lending Protocol for Emerging Markets
A pair of former Coinbase employees are launching a new protocol that aims to advance one of the DeFi space’s primary use cases — decentralized lending — in the world’s emerging markets.
- Categories
- Finance, Technology
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Mobile Money Contributed 10% of $2.87 Billion Revenue Generated by Airtel Africa in 2020
Voice revenue continues to be the major source of revenue for the telco in the country. It grew by double-digits to $657m in the nine-month period. There was no mobile money revenue in Nigeria but the revenue generated from data was huge.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Developing Countries Offer Enormous Market Potential for Long-Duration Energy Storage
Achieving deep decarbonization of the global energy system requires energy storage that can store more energy for longer durations. Lithium-ion (Li-ion) batteries, thus far, have played a key role in supporting the integration of renewable energy resources into the electric grid. But as the share of variable renewable energy in power systems increases around the world, new energy technologies that can store electricity for longer durations at low cost are needed.
- Categories
- Energy, Technology
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New Sanitation and Wastewater Management Benchmark Tool in Africa
Africa must invest in innovative sanitation and wastewater management to achieve development goals – report
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
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Big Data and AI in Africa: Why the Future of the Continent Is Artificially Intelligent and Digitally Enabled
Life would be easier for the average African if technology were utilized to its fullest potential. According to Jasmine Nnenne Mbadugha at the London School of Economics and Political Science, the continent's digital potential can be seen particularly at the intersection of big data and artificial intelligence. She explores how Africa can leverage these two emerging technologies to support economic development and play a role in the global digital revolution – and how it can overcome some key challenges it will face in the process.
- Categories
- Education, Technology
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Grab Raises Us $2 Billion Term Loan to Strengthen Liquidity and Diversify Financing Sources in Asia
This development made by Grab is said to be the largest institutional debt in Asia's technology sector
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Nigerian Fintech Startup, Cowrywise, Raises $3 Million Pre-Series a Funding Led by Quona Capital
Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Western Union: Emerging Market GDP, Innovation Depend On Remittances
In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines.
- Categories
- Finance, Technology
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