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Cashless Transactions Rise With Covid-19, Says BoU
Internet and mobile banking grew with disruptions occasioned by the Covid-19 pandemic, a Bank of Uganda review has shown. The two platforms were ...
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Microsoft Joins Forces with Tech4Dev to Teach Women Coding Skills in Nigeria, Ghana, Kenya, South Africa and Egypt
Microsoft and Tech4Dev have partnered to launch the Women Techsters Initiative in 54 countries. This programme aims to train girls and women across ...
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EBA identifies creditworthiness assessments and digitalisation as some consumer trends for 2020/2021
The European Banking Authority (EBA) has identified topical issues including irresponsible lending, creditworthiness assessments, and digitalisation in its Consumer Trends Report for 2020/2021. Furthermore, ...
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Norwegian fintech Horde selects Nordic API Gateway for Open Banking solutions
Norway-based fintech Horde has selected Open Banking platform Nordic API Gateway to structure loans between friends. Alongside that Horde has launched a social lending ...
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DRC-based solar company Nuru raises $1.2m funding round
Nuru, a developer of hybrid solar off-grids based in the Democratic Republic of Congo (DRC), has raised EUR1 million (US$1.2 million) in funding ...
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Kenya-based Savannah Fund launches $25m Africa Tech Seed Fund
The Kenya-based Savannah Fund has announced a US$25 million fund that will invest in early-stage startups across Sub-Saharan Africa with a focus on ...
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Equity Group secures $100 million facility with European Development Banks in supports of MSMEs
Equity Group Holdings Plc, a Pan-African financial services holding company listed on the Nairobi Securities Exchange, Uganda Securities Exchange, and Rwanda Stock Exchange ...
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Egyptian fintech Dayra gets Y Combinator’s backing, raises $3 million in pre-seed
Cairo-based fintech Dayra has joined Y Combinator and raised $3 million in a pre-seed round that includes a mix of equity and debt ...
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EBA publishes final revised Guidelines on money laundering and terrorist financing risk factors
The European Banking Authority (EBA) recently published its final revised Guidelines on money laundering and terrorist financing risk factors. The revisions take into ...
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Huawei and Bluecode introduce a mobile payment option
The Switzerland-based mobile payment provider Bluecode has announced a cooperation with Huawei to offer its customers a mobile payment option. This mobile payment option is meant to ...