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The Big Impact of Small Improvements: How Last-Mile Distributors Have Responded to COVID-19 with ‘Incremental Innovation’
Distributing beneficial products in last-mile communities has always been difficult, but COVID-19 has made it much harder, exacerbating many of the challenges that last-mile distributors were already facing. Emma Colenbrander and Gerwin Jansen at the Global Distributors Collective explore innovative solutions to some of these challenges, many of which have tended to be incremental rather than radical.
- Categories
- Coronavirus, Technology
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South Africa’s Planet42 Raises $10 Million in Debt Round to Scale Internationally
The South Africa-based Planet42, a car subscription company that helps individuals ignored by banks to get access to a personal vehicle, has announced a US$10 million debt funding round to help it scale its operations and move into new markets.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Development Bank of Rwanda Spearheads Economic Inclusion Among Refugees
The Development Bank of Rwanda (BRD) has secured $9 million (over Rwf8.5 billion) from the World Bank to finance entrepreneurial projects initiated by refugees in Rwanda.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces Direct Equity Request for Applications
DFC seeks applications to invest in early, growth-stage companies committed to developmental impact
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Is Bangladesh Ready to Move Towards a Cashless Society?
The Covid-19 pandemic has accelerated the expansion of digital payments all over the world. Bangladesh too has witnessed robust growth in digital payments during the pandemic. The countrywide lockdown for more than three months has proved beneficial to such growth as people have become familiar with various digital payment systems.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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COVID-19 Impact on Women-Led Micro Business Widens Socio-Economic Gap in India: Survey
The adverse effects of the Covid-19 pandemic on women-led micro businesses in India has exacerbated the vast socio-economic gap, finds a survey.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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WorldRemit Lowers Transaction Cost for Remittances to Africa
The new lowered prices, allows customers to send more to family and friends via the mobile app or website to the various African corridors, where Kenya remains a key destination for remittances.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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COVID-19 Is Accelerating Digital Banking Across the Globe: Here’s How It Will Impact Bangladesh
COVID-19 has fast-tracked the adoption of innovative tools and technologies by the global banking sector. As Jakirul Islam at Bank Asia points out, this has already led to an increase in digital banking, as customers move away from branch-based banking due to pandemic lockdowns. He explores some popular features of digital banks, and discusses their potential impact in Bangladesh.
- Categories
- Coronavirus, Finance, Technology
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