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Analysis: Deutsche Bank: Is Egypt the New Darling of Emerging Markets?
The Egyptian economy is among the very few emerging markets (EMs) that is growing, and would continue to grow next year despite the novel coronavirus (COVID-19) pandemic shock, according to a new report released by Deutsche Bank.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Retailo Raises $2.3 Million in Seed Round To Boost Financial Inclusion
Retailo, the Riyadh-based B2B eCommerce startup, has announced $2.3 million of funding in a pre-seed round to go toward boosting small to medium-sized businesses (SMBs) in the Middle East, according to a press release.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Press Release: Pakistan Making Shift To Clean Power Production and Lower Energy Costs With World Bank Support
The World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.
- Categories
- Energy, Environment, Investing
- Region
- North Africa & Near East
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Viewpoint: Data Is a Powerful Tool for Accelerating Financial Inclusion Among Women
It’s clear that female borrowers can be powerful contributors to a bank’s growth and performance. So why is the gender-financing gap so large?
- Categories
- Finance
- Region
- North Africa & Near East
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Press Release: Careem, Visa, Sign Partnership to Accelerate Cashless Payments and Digital Financial Inclusion Across MENA
Visa push payment services will be available on the Careem Pay Super App for Captains to make low-cost money transfers.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Six Fintech Innovations Will Boost Financial Inclusion Levels for MENA’s Unbanked
“Covid-19 has accelerated the already pressing need for services that bring the advantages of financial inclusion to large swathes of the population and by extension national economies,” said Alicia Sornson, manager programmes and partnerships in Mena, at Village Capital.
“Regulators and investors are among the best placed to create the conditions that allow innovation to thrive."- Categories
- Finance
- Region
- North Africa & Near East
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Farmers Turn to Mobile Apps as Traditional Markets Shut Down
Farmers and fresh produce traders in the South Rift region have turned to social media and farm-based sales to bridge the market gaps brought by the Covid-19 pandemic.
- Categories
- Agriculture, Coronavirus, Technology
- Region
- North Africa & Near East
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Press Release: Impact of COVID-19 on the Online Payment Methods Market in the Middle East & Africa
According to the report, cash on delivery was the leading payment method preferred by online shoppers in Saudi Arabia, Jordan, Egypt, Morocco, Kenya, and other countries in this region, as of 2019. The COVID-19 outbreak in early 2020, however, is changing this perspective.
- Categories
- Coronavirus, Finance, Technology
- Region
- North Africa & Near East
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