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Press Release: As Digital Credit Surges, New Research Shows Need for Greater Consumer Protection
A report from leading anti-poverty research organizations provides new insights into the relationship between the digitization of credit and economic development in an era of overlapping crises.
- Categories
- Finance, Technology
- Region
- Global
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Muhammad Yunus Supporters Urge Impact Community to ‘Turn Anger into Positive Work’ Following Microfinance Pioneer’s Conviction
After being convicted of violating labour laws, microfinance trailblazer Professor Muhammad Yunus has been released on bail pending appeal, as his supporters call for fellow changemakers to stay vigilant, remain hopeful and continue the ‘good work’.
- Categories
- Finance, Social Enterprise
- Region
- Asia Pacific
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Ukheshe & EFT Corporation Announce Market Shifting Fintech Transaction
Ukheshe International has acquired 100% of EFT Corporation Limited from parent Loita Transaction Services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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MTN to Disconnect Globacom Customers over 15 Years of Interconnect Debt in Nigeria
The NCC in a notice on Monday, said it has now approved partial disconnection of Globacom from MTN Nigeria Communications Plc due to non-settlement of interconnect charges.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Paymob and Tamara Join Forces to Revolutionise SME Payments in Gulf Cooperation Council Region
Paymob’s forte lies in its secure and versatile payments infrastructure, serving a wide range of merchants in the MENA region.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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AbbeyCross Raises $6.5 Million for Emerging Markets FX Platform
The firm says it can help clients reduce costs and delays, enhance transparency, and provide fair prices to their clients for emerging market payments.
- Categories
- Finance, Technology
- Region
- Global
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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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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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