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JP Morgan, Gates, Dell give $9.5 million for India’s Financial Inclusion Lab
American philanthropic investors are now coming in to further push India’s digitisation drive and financial inclusion.
- Region
- South Asia
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Telcos in Rwanda want government to allow them roll out cross-network mobile money transfer
Approval for mobile money interoperability will allow the service providers to begin commercial negotiations, “agree on tariffs and sign agreements with an independent switch provider,” and offer services across networks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: Visa and Branch form micro-credit partnership
The loans will provide merchants with funds to grow their business through supplemental stock, infrastructure investment, and other key operational needs. Loans will be disbursed directly to the merchants’ phones.
- Categories
- Finance
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Safaricom Blames Regulator for Underinvestment by Kenyan Rivals
Kenyan lawmakers are studying a report by U.K.-based advisory group Analysys Mason that found Safaricom to be a dominant player in mobile money and mobile communications.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Press release: MicroVest Announces Investment in Pakistan’s Kashf Foundation
The investment furthers MicroVest’s commitment to make financial inclusion a reality in
emerging economies through impact investing.- Categories
- Investing
- Region
- South Asia
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Colombia’s New President Ivan Duque And Financial Inclusion
With 54 percent of the vote's worth of support under his belt against Gustavo Petro, Duque promised to transform the country's economic model and tackle inequality, as reported in Reuters.
- Region
- Latin America
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India Post Payments Bank Launch Eyes Financial Inclusion
The financial institution (FI) is now reportedly set to open an additional 648 branches throughout the country this month. In fact, there will be at least one branch in every district.
- Region
- South Asia
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Facebook joins Uganda social media tax fray
The falling out over Uganda’s recently introduced social media tax could intensify after Facebook warned it will hold back infrastructure investments worth millions of dollars it was planning in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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