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Press Release: TaroWorks Is Offering $20,000 Grant to a Humanitarian Aid Organization to Digitize Its Field Operations With Last-Mile Technology
TaroWorks, in collaboration with Qualcomm Wireless Reach, is excited to announce a $20,000 humanitarian technology grant — a funding opportunity for non-profit organizations dedicated to providing humanitarian aid to vulnerable populations in hard-to-reach environments.
- Categories
- Technology
- Region
- Global
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M-Pesa and Data Revenue Push Safaricom to First Profit Growth in Three Years
Revenues from M-Pesa grew 20% year-on-year, reaching $1 billion (KES140 billion) from $891.3 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Identity Company Seamfix Raises $4.5 Million in First Funding Round to Expand Outside Nigeria
Seamfix, a 17-year-old identity solutions company, has raised $4.5 million in funding from Alitheia IDF, its first institutional investor as it looks to expand its business outside Nigeria.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Inclusion Requires Interoperability: Why All Digital Financial Services Should be Interoperable
As of 2021, there were 1.4 billion financially excluded people globally — over 1 billion fewer than there were in 2011. As Briana Marbury at the Interledger Foundation explains, mobile money and other digital financial products and services have helped to drive this progress, reaching populations that have traditionally been excluded. But she argues that this momentum has highlighted an emerging issue that could limit the impact of the growth in financial inclusion: the lack of interoperability between digital systems.
- Categories
- Finance, Technology, Telecommunications
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Microsoft Announces US $2.2 Billion Investment to Fuel Malaysia’s Cloud and AI Transformation
Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.
- Categories
- Investing, Technology
- Region
- South Asia
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Taking Stock of India’s Fintech Landscape: A Venture Capital Firm Shares Six Insights from One of the World’s Most Vibrant Investment Markets
The global team at Quona Capital — a venture capital firm focused on inclusive fintech — recently concluded a visit to India, during which they immersed themselves in the local fintech ecosystem. Michel Zaidler at Quona shares six insights they gathered from several of their Indian portfolio companies, and from these companies' customers and other fintech thought leaders. He highlights some of the groundbreaking business models these fintechs are using, and explains why the Indian market offers unique opportunities to investors.
- Categories
- Agriculture, Finance, Investing, Technology
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Microsoft Announces US $1.7 Billion Investment to Advance Indonesia’s Cloud and AI Ambitions
Investment includes new cloud and AI infrastructure, major AI skilling initiatives, and support for Indonesia’s growing developer community.
- Categories
- Technology
- Region
- South Asia
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Goodwell Invests in OmniRetail, Fuelling Better Opportunities for Informal Retailers
The firm is proud to be the first to commit, underscoring its desire to support the growth of companies driving financial inclusion in underserved communities.
- Categories
- Investing
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