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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

In February I found myself seeking air-conditioned sanctuary in the Dar Es Salaam offices of Kinu , a co-working space and business accelerator, talking with Co-Founder and Community Manager John Paul Barretto. industry in Tanzania. In one word, that issue is trust.

Ecuador 144
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10 Amazing Microfinance Success Stories

YoungUpstarts

Reuben Mpunda, Tanzania. In two years she has hired eight full-time employees, secured lucrative government contracts, and is able to support seven households besides her own in Amman. Mpunda had struggled for 10 years working at a hotel, a brewery, and a ruby mine. She is even mulling a run for office in the gas providers’ union.

Colombia 263
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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

This will require many partners – credit card companies, banks, microcredit institutions, the United Nations, foundations and community leaders. In Kenya and Tanzania, over 25 million people use the M-Pesa mobile payments platform, operated by Safaricom and Vodacom, with money sent via text message. report concludes.”

India 100
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Out of the Crisis #21: Tomas Pueyo on the hammer and the dance, political polarization, and how the pandemic will affect the way we live and work

Startup Lessons Learned

And then, once that curve is low enough, governments can dance, testing and tracking cases until the virus is eradicated or we develop a working vaccine. They didn't have experience buying bulk from the government things like masks or ventilators." For example, Santa Clara had a community-spread case early in March.