World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association.

Source: en.wikipedia.org

Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
September 16, 2022  |  Cryptocurrency

When the Central African Republic (CAR) adopted Bitcoin as legal tender in April, mayhem initially ensued, sparked by confusion, advanced by disagreements, and then driven...

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Beyond VCs, Public Investments Further Africa’s Digital Transformation Agenda
Beyond VCs, Public Investments Further Africa’s Digital Transformation Agenda
September 12, 2022  |  Technology

There is little doubt that the digital economy has transformative potential for emerging markets like the ones on the African continent. It can create jobs,...

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Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022  |  CBDC

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. Get the...

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Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
April 13, 2022  |  CBDC

There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT)...

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GrowSari Raises $77M to Expand in Philippines
GrowSari Raises $77M to Expand in Philippines
March 28, 2022  |  Investments

Philippines-based B2B platform GrowSari has raised $77.5 million in a new funding round to help fuel its expansion across the Philippines. Get the Full Story...

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Today in the Connected Economy: Twitter Taps Paytm for Help With Tips
Today in the Connected Economy: Twitter Taps Paytm for Help With Tips
February 16, 2022  |  Connected Economy

Today in the connected economy, Twitter turns to Indian’s Paytm to help with its Tips function, and Airbnb reports on how the pandemic has affected...

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World Bank Uses Data, Digital Tools to Support Female Entrepreneurs in Emerging Markets
World Bank Uses Data, Digital Tools to Support Female Entrepreneurs in Emerging Markets
February 16, 2022  |  International

“Societies aren’t fully tapping their potential if they’ve got half of the population on the sidelines.” Get the Full Story Complete the form to unlock...

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World Bank Nixes Business Climate Report After Probe Finds Corruption
World Bank Nixes Business Climate Report After Probe Finds Corruption
September 16, 2021  |  Business

The World Bank has done away with a well-known report that rated the business environment of countries after an investigation showed senior bank management had...

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$540 Billion Remittance Figure Higher Than World Bank Expectations
$540 Billion Remittance Figure Higher Than World Bank Expectations
May 12, 2021  |  Global Payments

The pandemic wasn’t enough to completely dampen global remittance flows, according to a press release from the World Bank. Get the Full Story Complete the...

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