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High funding costs hinder climate and digital transitions for Fintech - Capital Newspaper

Summary by capitalethiopia.com
Fintech companies in Africa have nearly tripled in number since 2020, improving access to finance for people and businesses across the continent, according to a new EIB report released today. The report, Finance in Africa 2024 , highlights improvements in the African financial sector as well as constraints for the region’s economic growth. “Fintech is revolutionising the way we think about finance in Africa,” said EIB Vice-President Thomas Östro…
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