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Digitisation of Remittances Can Support Africa’s Economic Recovery
Across the continent, where tourism and hospitality have come to a grinding halt, thousands of jobs have been lost in both the formal and informal sectors. Amidst this gloomy narrative, a shining light has been the formidable resilience of remittance flows into African markets after the initial shock of the pandemic and national lockdowns.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Data + Digitization: The Key To Helping African Banks and Microfinance Institutions Support Their Customers During COVID-19
Thanks to COVID-19, the IMF projects 2020 to be the worst year for Africa's economic growth since its record-keeping began in 1970. And concerns are also mounting about the likelihood of an increase in non-performing loans, which will impact businesses, industries and individuals across the continent. Cate Rung at Pngme explores how financial technology – including a unified data API platform – can help banks and microfinance institutions weather this crisis, while delivering services that comply with social distancing measures.
- Categories
- Coronavirus, Finance, Technology
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Press Release: Acceso Acquires Leading Digital Field Agent Extensio To Transform Smallholder Agriculture in Latin America and the Caribbean
By combining forces, Acceso and Extensio will offer smallholder farmers an unparalleled and holistic solution, providing them with both digital and in-person information and training, agricultural inputs, affordable credit, and guaranteed market access to boost productivity and increase income levels in an efficient and cost-effective way.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Indian Startups Are Out To Digitize Dairy Farming
Dairy startups such as Country Delight and Stellapps are leveraging technologies like internet of things (IoT) and data analytics to increase the production and quality of milk and expand value-added dairy offerings like cheese, butter, ghee leading to an increase in the productivity and income of farmers.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Press Release: Angaza Raises $13.5 Million in Series B Financing
Fintech innovator receives funding as it crosses milestone of impacting 12 million lives globally.
- Categories
- Energy, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Enabling Ecosystems: How To Boost Fintech Innovation and Financial Inclusion During and After COVID-19
Lockdowns in response to COVID-19 have rapidly accelerated digitalization worldwide, particularly in finance. But as analysts from the University of New South Wales, the University of Luxembourg, the University of Hong Kong and GIZ point out, ensuring the safe and inclusive development of digital finance is a major challenge. They explore why an ecosystem-based strategy could be the answer.
- Categories
- Coronavirus, Finance, Technology
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An Emerging Cornerstone of Last-Mile Distribution: The Power of Data and Process Digitalization
Social enterprises at the last mile are working relentlessly to close the gap in achieving the SDGs. But since their customers are generally underprivileged, they're also very sensitive to a product’s price, which means boosting efficiency is key to increasing these businesses' profitability. Thibault Lesueur and Simon Schaffner at Solaris Offgrid explore how process digitalization and interoperable software systems can streamline last-mile distribution and help these enterprises scale.
- Categories
- Energy, Entrepreneurship, Technology
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Analysis: Charting a Path for a Resilient Recovery in Sub Saharan Africa
Countries need to ensure that the vast global fiscal support deployed to fight the pandemic also works to build a smarter, greener and more equitable future.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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