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Fintech Startup TeamApt Now Operates Nigeria’s Largest Non-Bank Mobile Money Platform
Moniepoint, the mobile money platform launched last year by Nigerian fintech startup TeamApt, has become the largest non-bank mobile money service in the country, processing 13 million transactions monthly.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ripple Donates $10 Million To Mercy Corps To Accelerate Financial Inclusion in Emerging Markets
Ripple, an enterprise blockchain solutions for payments, has announced a $10 million USD contribution to Mercy Corps to expand financial inclusion and increase economic empowerment globally.
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Mastercard Foundation and ICCO Cooperation Partner To Strengthen the Resilience of 80,000 Farmers in Senegal
ICCO Cooperation and the Mastercard Foundation have joined forces to support smallholder farmers in Senegal who were left reeling from the impact of COVID-19. The COVID-19 Recovery and Resilience Agrifinance Project (CORRAP), co-created with Senegalese producers, aims to support smallholders to recover from the pandemic and emerge stronger and more resilient to future crises and shocks.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Bigger Sometimes Is Better When It Comes To Farm Size
According to the Food and Agriculture Organization of the United Nations (FAO), about 90 percent of the world's 570 million farms are small and most are found in the rural areas of the developing world, but they produce food for a substantial proportion of the world's population. Many small farmers take on other economic activities to add to their small incomes.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Region
- Sub-Saharan Africa
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‘India’s Impact Enterprises Face Issues Accessing Debt’
A report by IIC analysed the balance sheets of 422 leading impact enterprises to gauge their creditworthiness and estimate the gap between their current debt and their potential to absorb more
- Region
- Asia Pacific
- Tags
- impact investing
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How COVID-19 Is Affecting Microfinance
Specifically, lower-income groups in developing countries and emerging economies face not only the prospect of abject poverty in many cases but also the likelihood that their financial systems may not be sufficiently robust to help them through these dark times.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Cameroon’s Plan To Make Users Pay Import Duties on Mobile Devices Has Sparked Outrage
A new automated system for the collection of customs duties and taxes on imported phones and other electronic devices in Cameroon is not being welcomed.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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