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A New Test for Old Technology: How COVID-19 is Sparking Innovation in PayGo Financing for Biodigesters
Biodigesters transform animal manure into high-quality fertilizer and biogas, replacing the need for wood-burning cooking stoves – and PayGo financing enables smallholders to afford them. But as Laura Harwig at Feed the Future explains, COVID-19 has made it harder for farmers to make their payments. She explores how the biodigester company ATEC* has adapted its PayGo model to help farmers weather these challenges.
- Categories
- Agriculture, Coronavirus, Technology
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Viewpoint: Fintech a Game-Changer for Growth in Asia
Fintech is emerging as a driver of innovative financial solutions during COVID-19
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Tanzania Mobile Report: Money Market to Reach US $216.4 Billion by 2024
The latest report by IMARC Group, titled “Tanzania Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the Tanzania mobile money market size reached US$ 45.5 Billion in 2018.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Facebook’s WhatsApp Brings Digital Payment to Users in Brazil
Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they would a photo or video.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Viewpoint: Scientists Say Satellite Imagery and Machine Learning Advances Will Boost African Consumer Data
Of a population of 198 million people only 22,110 households where covered. The data was collected via door-to-door surveys requiring visits to rural communities which in many parts of the country are often difficult to access and sometimes not safe for researchers unfamiliar with the terrain.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Not Just Another Startup Accelerator in India: How the Financial Inclusion Lab is Shining a Light on Underserved Customers
India today has an accelerator for almost every domain, ranging from fintechs to healthcare. But as analysts at MSC point out, many of these accelerators face a common shortcoming: a lack of inclusivity. They discuss how the Financial Inclusion Lab accelerator avoids that issue, and how it boosts startups to strengthen the financial inclusion movement in India.
- Categories
- Finance, Technology
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How Coronavirus Is Impacting Digital Payments in Emerging Markets
Digital payments have been growing rapidly in emerging markets over the last ten years or so, since the establishment of MPESA in Kenya in 2007, writes Pavel Matveev, CEO of Wirex. MPESA relies on 120,000 retail agents who take in and dispense cash to users around the country, and in 2017, MPESA processed 1.7 billion payments […]
- Categories
- Coronavirus, Finance, Technology
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Viewpoint: 4 Ways Digitisation Can Unlock Africa’s Recovery
The full human cost of COVID-19 in Africa is not yet known, but it is likely to be significant. Importantly, for many Africans, the longer-term socio-economic consequences of the pandemic is likely to be just as material as the health impact of the virus itself.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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