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Uber enables mobile money payments for partner drivers in Ghana
The feature will enable mobile money payments for partner drivers in Ghana. The taxi-hailing platform said it will not remove other payment methods.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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The Switchback Solution: Is ‘Pay and Cook’ a Game Changer in the Movement to Popularize Cleaner Cooking Fuels?
For years, countless entrepreneurs have been trying to enable low-income people in emerging markets to move from traditional fuels to clean cooking fuels. But they've struggled with the same problem: customers’ tendency to switch back to traditional fuels when it comes time to buy refills for their clean cooking fuel tanks. Emmy Wasirwa at WANA Energy Solutions discusses his company's innovative solution to this challenge.
- Categories
- Energy, Environment, Social Enterprise
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Kenya’s competition watchdog clears dominant operator Safaricom
Competition Authority finds no sign that Safaricom, which has a 67% market share, has abused its dominance.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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New Blockchain Mobile Wallet Launched in Africa
Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Facebook joins Uganda social media tax fray
The falling out over Uganda’s recently introduced social media tax could intensify after Facebook warned it will hold back infrastructure investments worth millions of dollars it was planning in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uganda’s mobile money use drops by $182 million in two weeks
Mobile Money use fell by more than half a trillion Shillings following the introduction of tax on the transactions, Bank of Uganda (BoU) has said.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Experian leads USD 28 mln investment to drive financial inclusion across Southeast Asia
Experian has led a USD 28 million Series C investment in C88 Financial Technologies Group(C88) to drive financial inclusion in Southeast Asia.
- Region
- Asia Pacific
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Press release: BFA’S Catalyst Fund Initiative that Accelerates the Future of Fintech in Emerging Markets Reaches 20 “Inclusive Fintech” Companies
“Bank accounts and payment transfers are receiving a lot of attention and are growing in the number of subscribers, but they aren’t being used with the frequency that you’d expect,” said David del Ser, a Director at BFA. “We’re accelerating inclusive fintech companies whose solutions will achieve greater usage and help address the complete financial lives of these populations — there is great need and demand for these kinds of products and services in emerging markets.”
- Categories
- Finance
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