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Is Safaricom Entering the Ethiopian Market?
"We wish to categorically state that we are not engaged in any conversations with Ethio Telecom on this matter. Any information to the contrary is completely inaccurate," CEO Bob Collymore told The East African.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
I meet Jack Liao, who runs a bitcoin mining firm called Lightning Asic. He leads me through a dark hutong, coming to a set of carved wooden double-doors. Pushing them open, we enter into the courtyard of a palatially renovated villa. This is my first look at the elusive “bitcoin club.”
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- blockchain, cryptocurrency, fintech
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Mobile subscriptions hit 40 million mark in Kenya, says Communication Authority
The number of mobile subscriptions in the country have risen to 40.2 million, the Communication Authority of Kenya reported on Friday
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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IMF Releases the 2017 Financial Access Survey, Tracking Access to Financial Services
FAS data show progress in two indicators of the Sustainable Development Goals: the number of bank branches and automated teller machines (ATMs), with most of the growth concentrated in Asia. However, some other regions still lag in these financial access dimensions.
- Categories
- Finance
- Tags
- financial inclusion, fintech, SDGs
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Ecobank launches mVisa across 33 African Countries
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level - and potentially huge gains - as it affords consumers with the ability to use their mobile phone to directly access the funds in their bank accounts to pay person-to-merchant (P2M) or person-to-person (P2P).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: MyBucks Named ‘Best Financial Inclusion Company’ at European FinTech Awards 2017
Luxembourg-based and Frankfurt-listed fintech, MyBucks S.A., was announced as the winner of the Award for ‘Best European Financial Inclusion Company’ at the European Fintech Awards 2017 taking place in Brussels, Belgium.
- Categories
- Finance
- Region
- Europe & Eurasia
- Tags
- fintech
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How Fintech and Payments Innovations Will Disrupt Global Ecommerce
With the growth of international ecommerce platforms like Shopify and Magento and payment platforms like PayPal and Stripe, the barriers to ecommerce are crumbling, giving life to new businesses, opening up new revenue streams for established players, facilitating economic trade, and driving technology advancements worldwide.
- Categories
- Finance
- Tags
- digital payments, fintech
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New UN report reveals momentum for digital payments in Ghana could save over $230M within next four years
With 37 percent of the value of all payments now made digitally, Ghana is on course to be a leader in the region, with great potential to expand economic opportunities for businesses
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech