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Developing Countries Owe China at Least $1.1 Trillion – And the Debts Are Due
China remains the world’s single largest official source of development finance and continues to out-fund any single Group of Seven (G7) developed economy as well as multilateral lenders.
- Categories
- Investing
- Region
- Global
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French Soccer Players Back African Mobile Video Network StarNews Mobile in $3 Million Round
The five-year-old mobile video network prioritizes offering monetization avenues for African content creators through distribution partnerships with major telecommunications operators.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Press Release: Rymedi Raises $9 Million to Expand Impact on Global Healthcare Infrastructure with Advanced Blockchain-Secured Data Platform
The financing will increase data security and healthcare record accessibility for patients while reducing data entry errors.
- Categories
- Health Care, Technology
- Region
- Global
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Press Release: Convergence Blended Finance Releases New Findings — Reports 45% Decline in Global Blended Finance for Climate
Public financing for climate, while increasing, has seen the overall growth rate decline, private climate financing volumes lag, and climate blended finance flows regress.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Fintech Startup Finerio Secures $6.5 Million to Create Open Finance Ecosystem in Latin America
Shortly after the launch, Finerio was the fourth most downloaded fintech app that year, according to Grassi.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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Press Release: Report: 95% of Fintech Apps Across Africa Immediately Expose Valuable, Exploitable Secrets
Approov, the end-to-end mobile security provider, released a report showing that 95 percent of the most popular African banking and financial services apps contain easy-to-extract secrets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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A $200 Billion Opportunity: What Payment Data Shows About the Rise of Africa’s Digital Economy
Africa’s digital economy is growing rapidly, and according to Agosta Liko at Pesapal, businesses, financial institutions and governments could add US $200 billion to the continent’s GDP in the next six years by supporting that growth. He shares payment data that highlights how, and where, digital transactions are happening in Africa — both online and in person — and explores what that means for the digital economy’s growth prospects in the region.
- Categories
- Finance, Technology
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Kenyan Legislative Committee Calls for Worldcoin Shutdown in the Country
The committee has recommended that the country develops “a comprehensive oversight framework and policies on virtual assets and virtual assets service providers in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, data, regulations