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How Wave Rose to Become Francophone Africa’s First Unicorn
The digital financial company erased the old ways of sending and receiving money and came up with an easier and cheaper method.
- Categories
- Finance, Telecommunications
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Mastercard Partners With Crypto Gateway Provider Fasset To Expand Into Indonesia
Financial services firm Mastercard has teamed up with cryptocurrency gateway provider Fasset to co-develop digital solutions in an effort to drive adoption in Indonesia.
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- Finance, Technology
- Region
- South Asia
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Bringing the Digital Media Revolution to Africa: How Innovative Local Publications are Positioning Themselves for Rapid Growth
In Africa, legacy media outlets – both foreign and domestic – are often criticized for being politically biased and racially tone-deaf, while overlooking topics of critical importance to the public. But according to Tomiwa Aladekomo at Big Cabal Media, a new generation of digital publications are highlighting the issues and perspectives that legacy publishers have avoided. He explores how these innovators are navigating the inherent difficulties facing the media industry in Africa, while linking the journalistic strengths of traditional media to the youthful energy and global reach of social media.
- Categories
- Technology, Telecommunications
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The Leapfrog Opportunity in ‘Know Your Customer’ Innovation: Why Africa Needs Local, Digitized KYC Solutions
Know Your Customer (KYC) is a critical process for banks, as it enables them to validate their customers’ identities to fulfill regulatory requirements and protect against fraud. But as Timbo Drayson at OkHi explains, KYC is a big and expensive problem in Africa: For instance, in Nigeria some banks are spending up to $1 million per year to manually verify identities, and 15-30% of customers never complete these processes. He explores three key challenges to KYC in Africa, and presents some tech-driven solutions that could allow the continent to leapfrog to a new global best practice for KYC.
- Categories
- Finance, Technology
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SentinelOne Plans to Invest $50 Million in India, Launches Operations Centre in Bengaluru
The company today launched its 'Operations Centre' in the city to help organizations in the broader region address the growing threat of cyberattacks.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Press Release: Mastercard and Ecobank Group Partner to Digitize Agricultural Value Chains in Africa and Empower Millions of Smallholder Farmers Through Digital and Financial Inclusion
Mastercard and Ecobank Group will deploy Mastercard Farm Pass, an award-winning, innovative solution that helps connect smallholder farmers to financial and agricultural ecosystems.
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- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador, and Honduras
Company to empower women and girls in Northern Central America with access to training, capital, business networks and financial tools needed to succeed in the digital economy through Mastercard led and sponsored programs
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- Finance
- Region
- Latin America
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Press Release: Vice President Harris Announces More Than $1.9 Billion in New Private Sector Commitments as Part of Call to Action for Northern Central America
The Vice President, U.S. Department of State, and the Partnership for Central America (PCA), come together to announce private sector commitments now total more than $3.2 billion
- Categories
- Investing, Telecommunications
- Region
- Latin America