Residents in 9 major Chinese cities have access to an E-CNY wallet, such as Shenzhen, Beijing and Shanghai, with the country acceleratuong toward a more digitized economy.
In the West African country, 94% of its 1.5 million high school students pay their tuition via mobile money.
Digital inclusion bonds can have a pivotal impact on building a more prosperous and equitable world.
Infrastructure in Southeast Asia is facing a huge financing gap. We outline how new SDG Accelerator Bonds can help de-risk investments in infrastructure.
G7 finance ministers will vow to support their economies as they emerge from the pandemic and reach an 'ambitious' deal on a minimum global corporate tax, a draft communique reveals.
Research by Statista shows that Nigerians are most likely to use cryptocurrency, with 32% last year saying they owned or used it.
One of the biggest reasons for people preferring cash in developing countries is not having a bank account and thus no bank card.
COVID-19 is hitting small businesses in the world's poorest countries hard. Governments can help by using aid funding to attract private investment.
In 2009, wealthy governments agreed to increase climate finance for vulnerable countries to $100 billion annually by 2020, however, this figure has yet to be met.
Falling revenues combined with costly pandemic relief measures have increased global debt by $20 trillion since the third quarter of 2019.
From increased regulatory measures to inherent nimbleness, COVID-19 has benefitted FinTechs and now we have some good data to prove it.
Private investment can prevent fragile situations from spiralling into crisis and pave the road towards a sustainable economic recovery.
Fintech startups are offering new, innovative services to increase financial inclusion.
Proper asset management and accrual accounting would contribute to economic growth, generate cash flows for the public budget, and lower net operating costs.
Current philanthropic, government and bank instruments are not sufficient to remove the financial barrier that hinders equal access to education for all.