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Central Bank of Nigeria Captures 31 Million Nigerians in Bank Verification Number Project
The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry.
- Region
- Sub-Saharan Africa
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Viewpoint: Can blockchain be the foundation of sustainable social impact?
Blockchain can impact the way that we identify things and the way that we interact and with the digital world. It has the potential to create a more transparent and fair society.
- Categories
- Technology
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After downturn, Islamic finance eyes profits, fintech: survey
Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices, an industry body said on Wednesday.
- Categories
- Finance
- Region
- North Africa & Near East
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Nigeria’s energy crisis: Consumers consider solar option
The inability of the Federal Government to harness the potential inherent in solar energy has left the country far behind other nations in the development of this renewable energy. It has also further dealt a debilitating blow on its aspiration to becoming an industralised nation.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Uganda’s Taxes on Mobile Money to Stifle Inclusion, say Financial Institutions
Proposed taxes on mobile money transactions are likely to negatively impact financial inclusion, according to a number of players involved in curbing financial exclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Why do young workers in developing countries have so many injuries?
Health and safety at work can get ridiculed in more affluent countries as something nannyish and interfering - but for much of the developing world it is a matter of life and death.
- Categories
- Education
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Frontier Car Group raises $58M for its used-car marketplace for emerging economies
Frontier Car Group, a Berlin startup that has built a used car marketplace targeted specifically at countries outside of Western Europe and North America, is announcing $58 million in funding — $41 million in equity and $17 million in debt funding — to continue expanding its business into Africa, Latin America and Asia, where it has sold 50,000 vehicles since launching at the end of 2016 and is on track to do $200 million in annualised revenues per year.
- Tags
- startups, venture capital
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Taps that don’t go dry: This summer, water ATMs to the rescue
The mobile water dispensing systems from Swajal and JanaJal are providing safe drinking water in rural as well as urban areas with the help of IoT and solar energy, reducing use of plastic.
- Categories
- WASH
- Region
- South Asia
- Tags
- global development, SDGs
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