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Republic of Georgia to Pilot Land Titling on Blockchain With Economist Hernando De Soto, BitFury
In a signing ceremony at the Georgian Ministry of Justice. Bitcoin mining company BitFury, the Republic of Georgia’s National Agency of Public Registry and renowned Peruvian economist Hernando DeSoto announced Friday a partnership to design and pilot a blockchain land titling project.
- Categories
- Technology
- Region
- North Africa & Near East
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Ethiopia Banks on Mobile Money for Financial Growth
Outside a small store on a dirt track in the remote Ethiopian town of Doni, long queues wait for government cash handouts by the most modern of methods: mobile phone.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Paytm Launches Wi-Fi Pilot in India; Enables Free Internet for a Limited Duration
Underlining its digital-first approach, Paytm, India’s largest mobile payments and commerce platform, has announced the launch of its ambitious pilot project to enable seamless internet connectivity for users. Under this initiative, Paytm is enabling limited-duration free Wi-Fi for its users in partnership with a licensed ISP. The first such Wi-Fi initiative is already underway near the Noida-18 metro station in partnership with a licensed ISP.
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- Technology
- Region
- South Asia
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Philippines’ Tax Bureau Taps Mobile Payment for Tax Collection
The Philippines' Bureau of Internal Revenue (BIR) has partnered with Globe Telecom's GCash mobile money service for its tax collection effort.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, infrastructure
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MasterCard Drives New P2P Solution in Bangladesh
In a quartet joining forces to bring mobile cross-border payments to 22 million Bangladeshis, MasterCard is linking up with Western Union, bKash and BRAC bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, remittances
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WeChat Proprietor Tencent Seeks $2 Billion Loan for FinTech Expansion
The Chinese internet giant Tencent Holdings Ltd, most famous for its WeChat messaging app, is reported to be soliciting a loan that could run as high as two billion dollars in order to deepen its interests in the FinTech sector.
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- Technology
- Region
- South Asia
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Ghana’s Startup Bub Pioneer Is Going Pan-African With a $50 Million Fund
Meltwater Entrepreneurial School of Technology (MEST) has built one of Africa’s best known startup ecosystems in Accra, Ghana over the last eight years—and now it’s doubling down on a push to take its vision pan-African.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- incubators
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In the Birthplace of Mobile Money, Kenyans Prefer Paying Cash for Uber
Despite fierce opposition from traditional taxi drivers, Kenya has become one of Uber’s fastest-growing African markets, and allowing cash payments played a crucial role in the growth, according to Alon Lits, Uber general manager for sub-Saharan Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech