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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chaka Secures $1.5 Million Pre-Seed Round to Power Digital Investments and Wealth Management Opportunities across Africa
Chaka is a technology solutions company on a mission to enable every business and person in Africa to access borderless digital investment and wealth management opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030
Research by Enhancing Financial Innovation & Access finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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MarketForce Secures $2 Million Pre-series A Round, Plans to Launch in Nigeria and Scale Up RejaReja in East Africa
MarketForce aims to digitize offline transactions and transform how informal retail merchants buy and sell.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s Fintech Gold Rush: Why Banks Must Adapt to Survive
These are exciting times in the fintech startup ecosystem in Africa, as direct investment activity is growing at a dizzying pace. But according to Osahon Akpata at Ecobank Group, this influx of capital is also raising challenges for startups and investors – and particularly for traditional banks, which have to adjust to the emergence of these innovative and well-funded new competitors. He discusses the implications of Africa's ongoing fintech revolution for both startups and banks, and explores why partnerships between them can provide a way forward.
- Categories
- Finance, Technology
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Drip Capital Partners SBM Bank India on Trade Finance
Drip Capital, a fintech provider of cross-border trade finance, has partnered SBM Bank India to offer trade financing solutions customized for small and medium-sized exporters in India.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Ecobank Group Integrates Express Cash by Semoa to Accelerate Financial Inclusion in Africa
The Ecobank Group has announced enabling mobile money users in Togo to carry out banking faster and easier, across the West African Economic and Monetary Union through a new digital banking service called ‘Express cash by Semoa’.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Philippine Fintech Voyager Raises $167 Million for Digital Banking Push
The fresh capital will give the company behind the PayMaya mobile wallet additional firepower as competition heats up in the country's fintech sector.
- Categories
- Finance, Technology
- Region
- South Asia
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