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Kenya: Women Pay More to Access Mobile Money Services
According to the report, Payments System Design and the Financial Inclusion Gender Gap, the study conducted in major towns across the country shows a strong gender bias in transaction fees, with women paying about Sh11 per peer-to-peer transaction, compared with Sh7 for men, on average.
- Categories
- Impact Assessment, Telecommunications
- Region
- Sub-Saharan Africa
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Ethiopia Sees Jump in Mobile Payments Despite COVID-19
COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers. The World Health Organization warned that paper currency can risk spreading the virus, and encouraged adoption of digital payments as a safer alternative.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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COVID-19 Knocked $200 Million off Remittances Last Year in Uganda
Remittances fell by $200m for the year ended December 2020, highlighting the impact of Covid-19 within and without Uganda.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Two Former Coinbase Employees Are Building a DeFi Lending Protocol for Emerging Markets
A pair of former Coinbase employees are launching a new protocol that aims to advance one of the DeFi space’s primary use cases — decentralized lending — in the world’s emerging markets.
- Categories
- Finance, Technology
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Press Release: Bamboo Capital Partners Exits CONFIE After Triple-Digit Growth in Loans and Savings Portfolios
Bamboo Capital Partners (“Bamboo”), the specialist impact investor in emerging and frontier markets, today announces its successful exit from CONFIE, a Latin American microfinance investment holding company.
- Categories
- Investing
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SDB Bank Set to Boost SMEs and Women Entrepreneurship in Sri Lanka
The United States International Development Finance Corporation (DFC) has approved a USD 40 Million (Rs. 7.5 Billion) term loan facility to SDB bank in a bid to promote financial inclusion, resulting in more support to SMEs, particularly female-owned Small and Medium Enterprises.
- Categories
- Finance
- Region
- Asia Pacific
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Fintech Points the Way to Full Financial Inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. This potential tipping point could mean the end to Cambodia’s status as one of the most underbanked nations in the world, according to experts.
- Categories
- Finance
- Region
- South Asia
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Nigerian Fintech Startup, Cowrywise, Raises $3 Million Pre-Series a Funding Led by Quona Capital
Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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