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China’s payments giant is ready to boost financial inclusion in Africa
The cooperation, announced in Addis Ababa last week, is pegged to both the 2030 global sustainable development goals and the African Union’s Agenda 2060, which seeks to end poverty and improve lives through economic, social, and technological progress.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: Mines Secures $13M Series A to Grow Digital Credit Platform for Emerging Markets
"There are more than 3 billion adults globally without access to credit. Our vision is that every one of them will have instant access to credit in the next 10 years." explains Ekechi Nwokah, Mines CEO. "We believe the best way to realize this vision is to partner with banks, retailers and mobile operators and power digital credit products tailored to their markets so they can create the customers of tomorrow, today.”
- Source
- Press release
- Categories
- Finance
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Press release: Kora Gateway launches, bringing improved financial services to emerging markets
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
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Fintech’s Good Fortune: Eight Things Africa Can Learn from China’s Success
Earlier this year the FiDA Partnership took 26 leaders from Africa’s digital finance industry to China to learn about what's driving the unprecedented Fintech boom there. Jessica Osborn, a senior manager at Caribou Digital, writes that the immersive and intense week was designed to help participants experience Chinese digital life firsthand on the streets of Beijing, in the mom-and-pop stores of Hangzhou and the on factory floors of Guangdong. Osborn shares eight key lessons for anyone looking to succeed in emerging market fintech.
- Categories
- Finance
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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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JP Morgan, Gates, Dell give $9.5 million for India’s Financial Inclusion Lab
American philanthropic investors are now coming in to further push India’s digitisation drive and financial inclusion.
- Region
- South Asia
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Press release: Visa and Branch form micro-credit partnership
The loans will provide merchants with funds to grow their business through supplemental stock, infrastructure investment, and other key operational needs. Loans will be disbursed directly to the merchants’ phones.
- Categories
- Finance
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