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Vodacom Partners with China’s Alipay to Create ‘Super App’ in South Africa
Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indian Startups Diversify Their Businesses to Offset COVID-19 Induced Losses
“This pandemic has given an opportunity to the Indian tech startup ecosystem to have a harder look at the unit-economics of their businesses and become more capital efficient in the shorter and longer-term,” Puneet Kumar, a growth investor in Indian startup ecosystem, told TechCrunch in an interview.
- Categories
- Coronavirus
- Region
- South Asia
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Report: Nigeria Has Most Active Fintech Market In Africa
The global body of mobile operators, GSM Association (GSMA), has described the fintech ecosystem in Nigeria as the most active in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyans Embrace E-Gifting as COVID-19 Curtails Gatherings
As Kenya continues its fight against COVID-19, Kenyans have been forced to change their lifestyles in one way or another.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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COVID-19 Isn’t Killing Cash. People Are Hoarding More of It
People appear to be bunkering cash amid the coronavirus outbreak, according to a study that seeks to debunk the notion that the pandemic was hastening the demise of paper money due to e-commerce or fears of infection.
- Categories
- Coronavirus, Finance
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Digital Financial Inclusion in the Times of COVID-19
The COVID-19 pandemic could be a game changer for digital financial services.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Intelligence Brief: How Is COVID-19 Affecting Emerging Markets?
The Covid-19 (coronavirus) pandemic and resulting widespread shift in working patterns and increased demand for home entertainment has thrust communications and the resiliency of telecoms networks to the fore. The outbreak has, and will continue to have, sweeping effects on all aspects of the global economy. As social distancing and travel disruption continue to impact supply and demand, a reduction of global GDP growth by 4.5 percentage points is expected in 2020, with a direct knock-on effect to the telecoms sector among others.
- Categories
- Coronavirus, Finance, Impact Assessment, Uncategorized
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Five Ways Impact Investors Can Deal With the COVID-19 Dilemma
The coronavirus isn’t just affecting social businesses and charities – it’s also a concern for those investing in them, who may face reduced income themselves and an uncertain pipeline. How can they best respond, in a way that lives up to their role as true impact investors? Sung-Hyui Park and Louise Harman from UK law firm Bates Wells share insights from a recent discussion with social investors.
- Categories
- Coronavirus, Investing
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