The prevalence of cash-based payments, account ownership and usage, and savings and credit in the region among the main reasons in regional differences in the adoption of fintech.
*People for Impact
This Startup Has Successfully Crowdfunded €6 Million for African Energy Access
The firm is using the money to install pay-as-you-go solar home systems across Kenya, Rwanda, Togo, the Democratic Republic of Congo, Mali, Senegal and Guinea.
6 Findings From Cambridge’s 2nd Annual Middle East & Africa Alternative Finance Industry Report
The new report covers data from platform activity in 52 countries in Africa and the Middle East, and includes survey data from over 77 alternative finance platforms reporting activity in the 2016 calendar year.
Israel dominates equity crowdfunding market activity in the Middle East
African and Middle Eastern online alternative finance markets are showing signs of decelerating growth, a study points out.
East African Regulators can Facilitate Crowdfunding Market Development. [REPORT]