Commerce

ICD to introduce blockchain solutions in Islamic banking system

IMG 9852.JPGIslamic Corporation for the Development of Private Sector (ICD) and I-FinTech Solutions (IFTS) have signed an investment agreement to implement blockchain solutions for Islamic banks

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‘Blockchain could prevent global civil unrest set-off by commodity volatility’

5984450616 044e3ef313 zImplementing technology like blockchain could prevent global civil unrest set-off by volatile commodity prices, according to blockchain business UWIN (Unleashing the Wealth in Nations)

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Bitcoin can bring financial inclusion to the unbanked in Kenya

41049216902 e115b7c712 zCryptocurrency, especially Bitcoin, can provide financial inclusion to the underbanked and unbanked, giving a Mwananchi (local Kenyan) the opportunity to increase their wealth, Paxful said in a statement

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Senegal to focus on digitisation of payments for economic growth

Astou diop 6 1By digitising 50 per cent of all national payments, Senegal’s economic growth would increase by more than US$177mn per year

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EIB pledges US$78mn to four companies in Kenya and East Africa

EIB 1The European Investment Bank (EIB) has announced that it will support four new projects in Kenya and the wider East-African region with loans worth US$78mn

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