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Press Release: UNDP, UNCDF, Switzerland and Kenya Launch a New Initiative To Govern BigFintech for Greater Good
Geneva, 9 October 2020 - Regulators, UN agencies, market actors and officials from 10 countries will gather virtually on October 9th to launch the Dialogue on Global Digital Finance Governance, implementing one of the key recommendations of the UNSG Digital Finance Task Force, to catalyse international and corporate governance innovations to ensure BigFintechs benefit all.
- Categories
- Finance, Technology
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Enabling Ecosystems: How To Boost Fintech Innovation and Financial Inclusion During and After COVID-19
Lockdowns in response to COVID-19 have rapidly accelerated digitalization worldwide, particularly in finance. But as analysts from the University of New South Wales, the University of Luxembourg, the University of Hong Kong and GIZ point out, ensuring the safe and inclusive development of digital finance is a major challenge. They explore why an ecosystem-based strategy could be the answer.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Emerging Technologies Can Change the African Financial Landscape
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Shift Toward Partnership: How African Banks Can Gain a Competitive Advantage Through Strategic Alliances
The African banking sector is going through a technological revolution, as fintech firms, mobile money operators and other non-traditional players now provide services that had formerly been reserved for banks. Osahon Akpata at Ecobank Transnational Incorporated explores how strategic partnerships can help banks stay profitable and relevant to their customers amidst this disruption.
- Categories
- Finance, Technology
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Press Release: Tugende Closes USD $6.3 Million Toyota Tsusho-Backed Series A Investment Round
Tugende, a technology-enabled asset finance company operating in Uganda and Kenya, today announced the completion of a USD $6.3M Series A investment round, led by Toyota Tsusho investment fund Mobility 54.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Visa Partners With Zeepay; Drives Financial Inclusion Across Ghana & Africa
ZEEPAY has partnered with Visa to allow Africans in the diaspora to directly send money onto Visa debit and prepaid cards in Ghana.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Young Population, Financial Inclusion Behind Fintech Boom in Nigeria
Nigeria’s fintech companies raised more than $600 million in funding over a five-year period (between 2014 and 2019), a new report published earlier this month by McKinsey shows.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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East African E-Commerce Startup Wins Global Innovation Challenge
The company uses data tracking analysis to gain insight into the shopping trends of the communities and provide competitive prices from manufacturers.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, innovation
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