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Report: Mobile Money Transactions in Kenya in 2023 Declined for the First Time in 17 Years
It remains uncertain whether the decline in mobile money transactions might impact Kenya's Gross Domestic Product (GDP) given that mobile money agents reportedly handle approximately 60% of the country's GDP.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Deep Tech in Focus as Startup India Enters Phase-II on January 16
The second phase, under which startups will work in areas such as semiconductors, quantum computing, and artificial intelligence, comes nearly eight years after the initiative was first launched.
- Categories
- Technology
- Region
- Asia Pacific
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YC-Backed African Fintech Cleva, Founded by Stripe and AWS Alums, Raises $1.5 Million Pre-Seed
Aaron Michael, a partner at 1984 Ventures, expressed support for Cleva’s founders, Tolu Alabi and Philip Abel, noting that their product provides a means for Africans to navigate hyperinflation challenges.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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China’s Capitalist Reforms Are Said to Have Moved 800 Million Out of Extreme Poverty – New Data Suggests the Opposite
When it comes to access to basic nutrients and housing, a large share of China’s population appears to have suffered during the move to a market economy.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- data, housing, nutrition, poverty alleviation
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World Bank Helps Gabon Finance Digital Transformation Project with $68.5 Million Loan
The project aims at create an environment conducive to accelerating digital transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Adidas to Establish Global Capacity Centre in Tamil Nadu, India
The centre will be the German athletic footwear and apparel giant’s first global capacity centre in Asia outside China.
- Categories
- Technology
- Region
- Asia Pacific
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India’s BluSmart Raises $24 Million to Develop Large-Scale EV Charging Hubs
BluSmart Mobility recently raised US$24 million in a new funding round to develop large-scale EV charging hubs.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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