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Report Proposes Digital ID Changes for Financial Inclusion of Forcibly Displaced Persons
A report has made policy recommendations aimed at clearing the hurdles preventing forcibly displaced persons (FDPs) from having access to financial inclusion services.
- Categories
- Finance, Technology
- Region
- Global
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Kenya and Ghana Are Front-Lining the Global Mobile Money Market
The value of Africa’s mobile money transactions grew 39 percent to $701.4 billion in 2021 from $495 billion in 2020, according to GSMA.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Moove Partners With Uber to Launch Mega Fleet for Ride-Hailing in India
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in India.
- Categories
- Finance
- Region
- Asia Pacific
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To Tax or Not to Tax Mobile Money: The Impact on Digital Financial Services in Africa and Beyond
Mobile money is widely seen as a promising engine for global development. But governments in Africa are also increasingly viewing it as a lucrative source of tax revenue. With critics raising concerns about the impact of taxing mobile money and other digital financial services, Adrienne Lees and Phil Mader at the Institute of Development Studies explore whether existing research can inform any confident predictions about the effects of these taxes on providers, customers and the broader financial inclusion sector.
- Categories
- Entrepreneurship, Finance
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Press Release: DFC Commits $280 Million in Financing for Access Bank, Boosting Small Businesses in Nigeria
The loan will help address the financing gap for small- and medium-sized enterprises (SMEs) and advance financial inclusion in Nigeria, including through the bank’s commitment to supporting women-owned and -led businesses.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Bluejay Raises $2.9 Million to Promote Financial Inclusion in Asia
The decentralized stablecoin protocol aims to create an avenue to develop more stablecoin solutions centered around fiat currencies other than the US dollar.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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XLD Finance Raises $13 Million Pre-Series A Funding Led by Dragonfly Capital and Infinity Ventures Crypto
The funds will be used to enable XLD Finance to scale its product and engineering teams to accelerate its API and product development efforts.
- Categories
- Finance, Technology
- Region
- Global
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Financing Africa’s $100 Billion Annual Infrastructure Gap Just Got Trickier
If Africa wants to leapfrog its infrastructural hurdles, then it must look beyond its own pockets to bridge its huge financing gap.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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