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Orange Launches Banking Play in Africa
Orange teamed with financial services company NSIA to launch mobile banking services into its first African market, Ivory Coast, with plans to expand into Burkina Faso, Mali and Senegal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance
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Facebook’s WhatsApp to Partner with More Indian Banks in Financial Inclusion Push
“We now want to open up with more banks over this coming year to help simplify and expand banking services, especially to the rural and lower-income segments,” Abhijit Bose, WhatsApp’s India head told a fin-tech summit via a webcast.
- Categories
- Finance
- Region
- South Asia
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Ghana Mobile Money Interoperability Transactions Rise 400 Percent in Six Months
The huge jump in the MMI volume could be attributed to increased awareness that funds can now be transferred across wallets of different telecommunications networks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: DFC Aims to Finance $1 Billion of Private Sector Investment in Honduras
“DFC is proud to support the Honduran people during this time of need around the world,” said Boehler. “We appreciate the Government of Honduras’s commitment to improve the business climate to facilitate investment and look forward to advancing our common goals through collaboration with the private sector. Public-private partnerships are fundamental to the strength of Honduras as a country and to the goals of América Crece.”
- Categories
- Finance
- Region
- Latin America
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GSMA Launches Mobile Money Interoperability Test Platform Driving Financial Inclusion in Africa
In Africa over 50.7 million new registered mobile money accounts were opened in 2019-20 alone, taking the total number of registered accounts in the region to 481 million. The total transaction volume and value for mobile money accounts during this period was 24 billion and $461 billion (up by 20% and 27%) respectively.
- Categories
- Technology
- Tags
- fintech
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Viewpoint: Covid-19 & Inequality Test Corporate Purpose
A new initiative designed to evaluate how well companies are living up to their statements of corporate purpose in a time of global crises seeks expert input from stakeholder communities.
- Categories
- Coronavirus
- Region
- North America
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Digital Innovation to Support African SMEs
COVID-19 may significantly hinder economic and social development across Africa. If the continent is to recover, then micro-entrepreneurs and SMEs will be the engine of growth.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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Crowdfunding For Clean Energy — Raise Green Launches New Marketplace
Founded by Peter Krajsa and Matthew Brown, NEIF currently manages more than $800 million worth of “innovative energy financing programs.”
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