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Cuba to Cooperate with China on Biotechnology, Pharmaceuticals
Cuba is set to enhance strategic cooperation with China in the biotechnology and pharmaceutical industries.
- Categories
- Health Care, Technology
- Region
- Latin America
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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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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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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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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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Why Cash Will Remain King, Even in the Promised Land of Digital Money
If you talk to tech companies, telecom companies, and even some NGOs, they will tell you that the future of money in Africa is based on technology.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Remitly Raises $38.5M to Expand Mobile Money Transfers Globally
Remitly, a Seattle startup that helps immigrants send money home, has raised a $38.5 million funding round and announced it will expand to Canada.
- Categories
- Investing, Technology
- Tags
- fintech, remittances
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How Social Entrepreneurship Is Making a Difference in the World
We have grown accustomed to the Silicon Valley zeal driving startups to develop new technologies that will disrupt the market in yet another way.
- Categories
- Technology
- Region
- South Asia