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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

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. It is a great marketing tool for the banks to uncover people who are using money services but are unknown to the banks. The global smartphone market grew 0.7%

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

The Next Web

industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups.

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10 Amazing Microfinance Success Stories

YoungUpstarts

Reuben Mpunda, Tanzania. The bank lends to groups of women, with each receiving $50 to $100 to buy rickshaws for transporting wheat to market or to help them open Internet kiosks. Mpunda had struggled for 10 years working at a hotel, a brewery, and a ruby mine.

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A Glimpse: My American Dream

thebarefootvc

At the Clinton Global Initiative last September, Pierre Omidyar, co-founder of eBay, announced a commitment from his philanthrocapitalist firm to invest millions of dollars in mobile applications and services, with a focus on developing markets globally. eBay is likely the most efficient “accelerator” to have existed to date.

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Traveling the world, meeting startups: What We learned

The Next Web

Silicon Valley is made up of solely one industry: technology, whereas countries in emerging markets have existing industries, around which entrepreneurs are innovating. Speaking a good level of English is also paramount as Silicon Valley investors are now looking to emerging markets to make investments.

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Startup Strategy Roundtable: African Tech Entrepreneurs Emerging

ReadWriteStart

And it was really cool to see a company from Tanzania. My first question was what categories is he focusing on as his market entry points. The problem with this segmentation as a market entry strategy is that these categories are not synergistic. I told him he needs to pick one segment to go to market. Bongo Live!

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Regulations on training trustees: What volunteer boards need to know

Board Effect

While it sets no training requirements for nonprofit directors generally, the countrys independent regulator for financial markets, FINMA , provides legally mandated licenses to trustees of financial services companies. Boost efficacy and get seamless results with the best software on the market. Schedule a demo today.

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