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Huawei initiative focuses on connecting emerging markets to wireless networks
Huawei is looking to help local carriers, governments, and industry to deploy wireless networks in emerging markets and rural areas, spruiking its solutions and partnerships.
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- Technology
- Region
- Asia Pacific
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GTT to acquire European fiber network operator Interoute for $2.3 billion in cash
London-based Interoute operates one of Europe’s biggest fiber networks and associated cloud services, spanning more than 70,000 kilometers and 29 countries, according to a Bloomberg report last year that outlined the company’s plan to find a buyer.
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- Technology
- Region
- Europe & Eurasia
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India’s first AI research institute opened in Mumbai
Based in Mumbai, the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) is partnering with the government of Maharashtra for its mission to create AI solutions for social impact. The Maharashtra government will help the institute identify problems, and test and scale the solutions.
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- Technology
- Region
- South Asia
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Super Platforms in Africa: Not if, but When
Imagine low-income, rural entrepreneurs throughout Africa actively leveraging super platforms like Facebook and Alibaba to conduct all their business interactions, from customer payments to orders from suppliers. This scenario isn't that far-fetched, says BFA's Yanina Seltzer. She explains why the march of the super platforms into Africa is inevitable – and what it will mean for financial services providers, regulators, and small and medium enterprises.
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- Finance, Investing, Technology
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Airbnb is Just the Beginning: The Sharing Economy Comes to Emerging Markets
The "sharing economy" is a buzzworthy new industry with platform provider revenues of $18.6 billion – a number that’s predicted to double by 2022 – and a user base that's expected to increase to 86.5 million by 2021. But what is its potential impact on emerging markets? NextBillion spoke with Airbnb's Shawn Sullivan and sharing economy expert April Rinne about how the nascent industry could impact low-income communities – including through an intriguing variation on Airbnb's home-sharing model.
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- Technology
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Local entrepreneur starts Jamaica’s answer to Amazon
Jamaica's leading information technology magnate Douglas Halsall still has a little way yet to complete his current fixation, which is to fully digitalise operations at the University Hospital of the West Indies (UHWI), Mona.
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- Health Care, Technology
- Region
- North America
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Africa’s first bitcoin exchange targets 1 billion users
Luno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
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- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Viewpoint: Women’s Financial Inclusion Needs a Bigger Fix Than Digital IDs
Until governments and banks tackle issues such as corruption, low informal sector wages and female illiteracy, digital ID systems like Aadhaar will do little to improve the financial inclusion of poor women in India, says economist Debdatta Saha.
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- Finance, Technology
- Region
- South Asia