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Report: Innovating our way to a better life
A look at the leaders in global innovation and how gaps in economic and technological capacity is creating inequality.
- Categories
- Technology
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Fintechs in India cater mostly to the affluent, huge potential in lower middle class: J P Morgan
Fintechs have an opportunity to cater to the lower middle income or LMI segment with an income ranging from $2 to $10 a day and are about 600 million in number.
- Categories
- Finance
- Region
- South Asia
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Press release: Solar brings economic boost to East African households
The report, ‘Powering Opportunity: The Economic Impact of Off-grid Solar’ provides data demonstrating the economic benefits of off-grid solar power in the developing world. The findings show that nearly 60% of off-grid solar owners undertake more work and enterprise within just three months of using a solar home system.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Alibaba’s Ant Financial Just Launched a Blockchain-based Remittance Service
Ant Financial, Alibaba’s $150 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely.
- Categories
- Finance
- Region
- Asia Pacific
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Mini-grids could be a boon to poor people in Africa and Asia
Vijay Bhaskar of Mlinda says a big mistake in development has been to assume that, once people are hooked up to electricity, businesses will automatically flourish. People have to be taught how to make the most of power, he says. “Bringing energy is the easy part. The hard part is finding productive ways to make use of it.”
- Categories
- Energy
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Uganda President Museveni orders refund of mobile money ‘error’ tax
In a statement issued on Facebook, Museveni insists that the 1 per cent tax which he ordered to be reduced to 0.5 percent last week was passed in error and he signed the bill knowing it had an error.
- Region
- Sub-Saharan Africa
- Tags
- fintech, regulations
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Report: Automation will trigger rise in slavery and abuse in SE Asia
Of five issues raised in the company’s 2018 Human Rights Outlook report, automation is identified as presenting the most “significant challenges to the reputations, operations, and supply chains of multinational companies, now and in the future.”
- Categories
- Technology
- Region
- Asia Pacific
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Alternate lending platforms are fixing India’s financial inclusion problem, becoming enablers for SME funding
Today, India's MSMEs and their business owners are finding new-age digital startups and alternate lending platforms to be the most effective institution to disperse credit.
- Region
- South Asia
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