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Overthrowing the King: Could Central Bank Digital Currencies Replace Cash in Post-COVID-19 Africa?
Despite advances in digital technology, cash has remained the undisputed king of payments in sub-Saharan Africa. However, as Michaella Allen and Christine Hougaard at Cenfri explain, COVID-19 has placed a stigma on cash and led governments across the region to actively encourage digital payments. They explore the implications of this shift, and whether it could make central bank digital currencies a viable alternative.
- Categories
- Coronavirus, Finance, Technology
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Pandemic Spurs Social Entrepreneurship in Startup Communities
As an entrepreneur-turned-investor, and having survived prior downturns, I have my share of bumps and bruises that serve as reminders and motivators. But I also like to remember that some of the most successful tech companies were funded during the last big downturn, such as Dropbox, Airbnb and Credit Karma. With that in mind, our venture capital firm is staying the course during the COVID-19 pandemic and continues to aggressively look for great entrepreneurs to fund.
- Categories
- Coronavirus, Entrepreneurship, Finance
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Viewpoint: COVID-19 May Turn Back the Clock on Women’s Entrepreneurship
Female entrepreneurs in Canada have been heavily impacted by the pandemic.
- Categories
- Coronavirus, Entrepreneurship
- Region
- North America
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Press Release: DFC Announces New “IQ” Development Impact Measurement Tool
“IQ is a state-of-the-art tool that allows DFC to measure our progress in fulfilling our development mandate,” said DFC Chief Executive Officer Adam Boehler. "I am extremely proud of the DFC team for its hard work in developing IQ. I also want to thank the many stakeholders that provided input along the way. I look forward to working with our stakeholders to continue refining and improving IQ.”
- Categories
- Impact Assessment
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Fintech Adoption: Mobile, Digital, and Contactless Payments Increasingly Being Used in Indonesia Due to COVID-19
The COVID-19 outbreak has created significant socio-economic challenges, which have impacted individuals and businesses across the globe. More people are now spending time at home due to government-enforced nationwide lockdowns.
- Categories
- Coronavirus, Entrepreneurship, Finance
- Region
- South Asia
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Why It’s Time for Africa to Adopt a Regional Digital Financial Identity
Over 1 billion people globally lack any form of officially recognized identification. According to Nkosinathi Ncube at FinMark Trust, this is a significant obstacle to financial inclusion and other development efforts – but overcoming it is no easy task. He explores some of the challenges to expanding access to formal identity in Africa, and explains why an effective solution will require regional action.
- Categories
- Finance, Technology
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What’s Needed to Prevent Cyberbiosecurity Threats and Protect Vulnerable Countries
Eroded trust in technology is dangerous at any time but especially during a global pandemic such as COVID-19.
- Categories
- Coronavirus, Health Care, Technology
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Viewpoint: Why Venture Capital Doesn’t Build the Things We Really Need
Venture capital has been the engine of US innovation for years. But investors are finding fewer ideas that fit their preferred pattern.
- Categories
- Coronavirus, Entrepreneurship, Investing, Technology
- Region
- North America
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