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From Remittance to Startups, How Bitcoin Is Used in Africa
With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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Mexico Prepares Regulations for Debt & Equity Crowdfunding
This past week the Comisión Nacional Bancaria y de Valores (CNBV) published their 7th National Financial Inclusion Report (Reporte Nacional de Inclusión Financiera). The document (embedded below) spent a good amount of time defining and addressing the various forms of investment crowdfunding. The document was published in advance of expectations that Mexico will soon enact an updated securities regulatory regime to embrace internet finance.
- Categories
- Investing
- Region
- Latin America
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Half of Mobile Money Accounts Inactive in Bangladesh
More than half of mobile money accounts have gone inactive, with the number rising every month, according to data from Bangladesh Bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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60 Minutes Investigates Medical Gear Sold During Ebola Crisis
During the most recent outbreak of the Ebola virus, more than 500 health care workers died of the disease, and something called Personal Protective Equipment became essential to preventing the deaths of even more. We're talking about gowns, gloves, masks and other gear designed to block the transmission of deadly bacteria and viruses. They're used every day in hospitals to protect doctors, nurses, and patients. But Ebola was so lethal, it raised the stakes enormously. If the protective equipment fails, infectious bodily fluids can get through -- a problem known as "strike-through." At the height of the Ebola outbreak, we received a tip that a major American manufacturer had knowingly provided defective protective equipment to health care workers in the U.S. and abroad. It's a serious accusation that's never been publicly examined -- until tonight.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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E-wallet Companies Struggle in India, as Initial Euphoria Dies Down
After a flurry of activity with almost two dozen companies launching prepaid wallets in the last couple of years, the initial euphoria around wallets may be dying down. Many players — with the exception of dominant Paytm or -owned Freecharge — concede that the numbers of wallet users is stagnating and companies are struggling to get existing users to transact more using their digital money.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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France Gets G7 to Discuss Global Regulation of Medicine Prices
France will press its G7 partners this month to launch an "irreversible" process to control the prices of new medicines, part of a global drive to make life-saving drugs more affordable, three sources told Reuters.
- Categories
- Health Care
- Region
- Europe & Eurasia
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Tanzania’s State-Run Telco Ventures Into Mobile Money
The State-run Tanzania Telecommunications Company Limited (TTCL) is now venturing into mobile money transfer services as it seeks to enter the competitive market that already has four players.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In China’s Tougher Drug Market, Minnows Open Back Door for ‘Big Pharma’
Armed with Beijing funds and friends in the right places, Chinese drug minnows are thriving, luring money from 'Big Pharma' majors struggling to restore the strong growth they once enjoyed in the world's second-largest medicine market.
- Categories
- Health Care
- Region
- South Asia
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