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The Next Frontier in Inclusive Fintech: The Value of Client-Centric Impact Measurement
Fintech is projected to be a $1.5 trillion industry by 2030, and Latin America and the Caribbean is a crucial focal point for the sector. But Carla Grados-Villamar at 60 Decibels points out that while fintechs are boosting financial access in the region, this does not guarantee improved living standards. She discusses how 60 Decibels has helped Galgo, a Chile-based fintech that facilitates financial access through motorcycle loans, to better understand its customers' experiences — and explores how this learning process reveals the importance of client-centric impact measurement in the broader fintech sector.
- Categories
- Finance, Transportation
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB
This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.
- Region
- Sub-Saharan Africa
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AEON Bank Set to Become Malaysia’s First Islamic Digital Bank
AEON Bank’s foray into digital banking aims to provide secure and efficient financial services to customers in Malaysia.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, Islamic finance, lending
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Barbados Approved for US $100 Million Loan from Inter-American Development Bank
The loan allows Barbados to continue modernising its policies, laws and regulations as it strives to achieve sustainable development.
- Categories
- Environment
- Region
- Latin America
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Press Release: DFC Announces New U.S. Financing for Africa’s Lobito Corridor
DCEO Biswal celebrated DFC’s longstanding partnership with the Africa Finance Corporation (AFC), which is spearheading Phase II of the Lobito Corridor.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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MTN and JUMO Introduce Qwikloan to Redefine Lending in South Africa
Joe Mucheru, President of JUMO, underscores the impact of partnerships in driving financial inclusion and creating opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Climate Finance: London Guarantees $239 Million from the African Development Bank for Benin and Mauritius
As part of the “Room to Run” (R2RS) program, the African Development Bank (AfDB) is lending $239 million to Benin and Mauritius.
- Region
- Sub-Saharan Africa