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Digital Payments and Cash Hoarding Are Both Hitting Record Highs in India
The Covid-19 pandemic has given a booster shot to digital transactions in India, but cash is still king.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Ethiopian Ministry of Science and Higher Education Partners With Intellimedia Networks to Continue to Digitally Transform the Ethiopian Higher Education and Vocational Training Sector
The Ethiopian Ministry of Science and Higher Education (MoSHE) agrees to join forces with IntelliMedia Networks Inc. and its local partners Andalem Consulting PLC and United Systems Integrators, to enable a country-wide online learning platform to streamline access to higher learning across Ethiopia and improve quality of education and training for undergraduate and graduate students.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Majority of ASEAN Region Fintech Firms Are Planning to Raise Additional Funds While Expanding Operations in 2021: Report
Four in five or 80% of Fintech companies in the ASEAN region are focused on expanding their operations following the COVID-19 outbreak. ASEAN member countries include Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
- Categories
- Technology
- Region
- South Asia
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USAID Announces New Partnership With Root Capital, Keurig Dr Pepper, and Ezrah Charitable Trust to Protect Supply Chains and Agribusiness Amid COVID-19
Today, the U.S. Agency for International Development (USAID) announced the Feed the Future Partnership for Sustainable Supply Chains, a new collaboration with Root Capital, Keurig Dr Pepper, and Ezrah Charitable Trust to help small agricultural businesses around the world stay afloat during the pandemic of COVID-19 and rebuild in its wake.
- Categories
- Agriculture, Coronavirus
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Arya Raises $21 Million to Provide Farmers in India Finance and Post-Harvest Services
Only about a third of the yields Indian farmers produce reaches the big markets. Those whose produce makes it there today are able to leverage post-harvest services. Everyone else is missing out.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Transaction Volume for Direct Debits Jumps by 54% as More Nigerians Adopt Usage
FINANCIAL SERVICESTransaction volume for Direct debits jumps by 54% as more Nigerians adopt usage
A recent Banking Sector Report by the NBS has disclosed that direct debits increased by 54% in Q3 2020.- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Ilara Health Raises $3.75 Million Series A Led by TLcom to Provide Life-Saving Diagnostics Across Sub-Saharan Africa
Ilara Health, an innovative healthtech start-up increasing essential and affordable access to life-saving diagnostics in Africa, has raised $3.75 million in Series A funding led by TLcom Capital with participation from DOB Equity, Global Ventures and Chandaria Capital.
- Categories
- Health Care, Social Enterprise
- Region
- Sub-Saharan Africa
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Ola to Invest $327 Million to Set up ‘the World’s Largest Scooter Factory’ in Tamil Nadu
Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu in India to set up what it claims would be the “world’s largest scooter manufacturing facility” in the South Indian state as the Indian ride-hailing firm begins a new push with electric vehicles.
- Categories
- Technology
- Region
- Asia Pacific
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