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Mobile Payment Transactions Hit N271 Billion in Nigeria
In spite of the initial apathy to the mobile payment initiative of the Central Bank of Nigeria (CBN), there are indications that the policy is gaining traction as the total value of mobile payments in the country amounted to N271 billion for 25 million transactions as at end of May.
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Citi celebrates small successes with microentrepreneurship awards
Six microentrepreneurs, two lenders awarded
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Reserve Bank of India’s relaxation of know-your-customer norms to boost financial inclusion
Bankers and industry experts believe that this will not only bring migrant workers but also students and people with a transferable job in the banking fold
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The Path Toward a B Corp Law in Argentina
There are currently 100 B Corps (Benefit Corporations) in South America. But in Argentina, there is no legal status for businesses that walk the line between nonprofit and for-profit. A team lawyers provides a blueprint for legislation in Argentina.
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Indonesia’s New Economic Era: A presidential election on the horizon, the world’s most populist Muslim country faces old problems
Indonesia’s economy is set to outpace Germany and the United Kingdom by 2030, yet nearly half its population struggles to survive on less than $2 a day, according to a report by the McKinsey Global Institute. The upcoming presidential election could set the stage for an inclusive, equitable economy that lifts the poorest out of poverty, provides good jobs and rewards the business sector.
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Mobile money remittances for Zimbabwean expats
Expat Zimbabweans now have an alternative remittance service thanks to Econet Wireless partnering with cash transfer firm WorldRemit on a mobile money offering.
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Soon, Indians won’t need smartphones for mobile money transfers
FM might next month launch mobile banking services for people not using smartphones, the move aims at pushing financial inclusion in India
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