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Telenor Group and Ant Financial in strategic partnership to deliver inclusive financial services in Pakistan
Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group ("Ant Financial") in Pakistan, where Ant Financial will invest USD 184.5m for a 45% stake in Telenor Microfinance Bank ("TMB"), a subsidiary of Telenor Group, to further develop TMB's mobile payment and digital financial services.
- Categories
- Finance, Technology
- Region
- South Asia
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Kenya is finally softening its stance on blockchain technology
Kenya has for years regarded blockchain technology and digital currencies with suspicion, comparing bitcoin to a “pyramid scheme,” and emphasizing that it had no legal footing.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, cryptocurrency
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How Tanzania is betting on coding to help close the gender gap in its tech sector
Even nations that have dramatically closed gender gaps in education and labor force participation have struggled to increase women’s participation in science, technology, engineering, and mathematics (STEM) fields. For instance, women hold about 26% of computer and mathematical jobs in the US, slightly below the level in 1960. For a country like Tanzania, which has a promising, budding tech industry, solving this problem could be vital to its future.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- gender equality
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The intensifying battle for Africa’s burgeoning tech landscape
The scale and complexity of Africa’s technical landscape sits at the heart of the problem, and connectivity issues are particularly prevalent. Internet users in Africa represent only 10 percent of the total users in the world, despite representing 16 percent of the world population, according to Internet World Stats. And only 31 percent of the total population has access to the internet, which represents a penetration that is well below the rest of the world at 52 percent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Singapore Inks FinTech, Blockchain Pact with Indian State Government
Today’s agreement will also foster engagements between FinTech startups in Singapore and Maharashtra, which sees Mumbai as its state capital. A FinTech-based curriculum developed for educational programs in the Indian state are also being considered.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- blockchain, fintech
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Report: Blockchain, AI to shape fintech’s future
The report highlights emerging products and services, technology-enabled sub-segments, new business models, and innovations that are set to disrupt the industry.
- Categories
- Finance, Technology
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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.
- Categories
- 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.
- Categories
- Technology
- Region
- Europe & Eurasia
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