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Press Release: GSMA Launches Mobile Money Interoperability Test Platform Driving Financial Inclusion in Africa
For over a decade, mobile money has been driving financial inclusion, opening access to digital transactions and giving people the tools to better manage their financial lives. Today, there are more than a billion registered mobile money accounts globally, spread across 290 mobile money deployments that are live in 95 countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Visa On The Role of ‘Super Apps’ In Driving Emerging Market Growth
Bringing digital finance to emerging markets like MENA is crucial, as micro merchants of one to two people, often underbanked or unbanked, drive these regional economies. Many are from one country and working in another, sending money cross-border to people back home.
- Categories
- Finance, Technology
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Kenya and Nigeria Are Saving Millions of Dollars With Local Exchanges to Boost Internet Speeds
Having more local points will ensure faster traffic exchanges and translate to better experiences for end users by cutting down on latency.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: Digital Solutions Key in Boosting Uganda’s COVID-19 Health Response, Aiding Faster Economic Recovery
With the economic impact of COVID-19, locusts and floods, the report warns that more than one million Ugandans could fall into poverty due to economic hardship and a lack of alternative means of survival.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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African Mobile Users Pay Nearly Three Times the Global Average for Voice Calls and Internet
The recurring theme of mobile internet prices is that while they are dropping globally, they are not dropping fast enough in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Bangladesh-Based Clean Energy Firm SOLshare Successfully Closes US$1.1 Million Financing Round With Support From IIX Impact Partners
IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
- Categories
- Energy, Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Low Internet Access Is Driving Inequality
Covid-19 and the great lockdown triggered a mass migration from analog to digital and highlighted that access to the Internet is crucial for socioeconomic inclusion.
- Categories
- Coronavirus, Technology
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Press Release: Developing Countries Could Lose Out as Automation Competes With Low-Cost Labour
The COVID-19 pandemic will accelerate the rise of industrial automation and enable manufacturers in developed countries to compete with low-cost labour in the developing world; multinational corporations are already considering repatriating some manufacturing production as a result of the unprecedented disruption the pandemic has caused to global value chains; developing countries must respond by developing local industrial capabilities with new technologies and skills that will allow them to become more integrated into world trade.
- Categories
- Coronavirus, Technology
- Tags
- supply chains
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