ICD to introduce blockchain solutions in Islamic banking system
Islamic 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
Commerce
‘Blockchain could prevent global civil unrest set-off by commodity volatility’
Implementing technology like blockchain could prevent global civil unrest set-off by volatile commodity prices, according to blockchain business UWIN (Unleashing the Wealth in Nations)
Bitcoin can bring financial inclusion to the unbanked in Kenya
Cryptocurrency, 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
Senegal to focus on digitisation of payments for economic growth
By digitising 50 per cent of all national payments, Senegal’s economic growth would increase by more than US$177mn per year
EIB pledges US$78mn to four companies in Kenya and East Africa
The 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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