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Africa mobile comms giant MTN’s $5.2bn Nigerian fine: Now the CEO resigns
A massive fine imposed on MTN Group by Nigerian regulators for alleged compliance failings has cost the firm's CEO Sifiso Dabengwa his job.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Oliver Wyman, ideas42 Report Shows How Innovative New Products Could Boost Financial Stability for Low-Income Consumers
New Report Lays out Solutions to Break a Vicious Cycle for Millions of Americans.
- Categories
- Uncategorized
- Region
- North America
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Cash-Back the New King in Indian e-Commerce
Bhumika Grover, it was never a choice between the 'Big Billion Days' of Flipkart or Amazon's 'Great Indian Festive Sale' in the run-up to Diwali. Even the 'Electronics Monday' sale by Snapdeal was not captivating enough.
- Categories
- Technology
- Region
- South Asia
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Why the Financial Industry Is Getting Nicer
Last week’s Money20/20 conference delivered further evidence that it really is a new day in the financial industry . There is not just a technological change afoot but an ethical change: a feeling that finance can do more for people than simply move their money around .
- Categories
- Investing, Technology
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Report: Cash Far More Popular Than Cards and Mobile Money Among Kenyan Online Shoppers
Only 1% of over 80,000 shoppers sampled in the 3rd quarter of this year used cards to pay for products they purchased online, 27 percent preferred to pay via mobile money transfer before or after delivery, while a whopping 72 percent preferred to pay in cash on delivery, according to an internal survey released by Kenyan e-tailer Jumia.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Zimbabwe: Boom Times Over for Mobile Telecoms
Economic slowdown and excessive regulatory fees and charges, an unpredictable environment and the extraordinary growth in social media platforms, are beginning to take their toll on the mobile phone industry.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Groups Sign Funding Deal to Increase Competitiveness for Small Holder Farmers in East Africa
The Alliance for a Green Revolution in Africa (AGRA) has entered into a partnership with KCB Group to facilitate the implementation of a platform that enables smallholder farmers across the East African region access credit and training.
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- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Moving Beyond Microcredit
Microfinance pioneer Muhammad Yunus was driven by the idea that many of the world’s poor are entrepreneurs who could bootstrap their way out of poverty if only they had access to startup capital. But in practice, loan recipients are often already in the middle class, at least relative to local standards. And Yunus did not anticipate the practice becoming a commercial one, which he now blames for higher interest rates.
- Categories
- Uncategorized
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