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Insights from all over the world
Digital financial services (DFS) ease the burden in how to pay for healthcare, smooth health consumption, and open patients to a wider pool of financial resources. However, the use of DFS for healthcare remains nascent, calling for a collaborative approach among multiple stakeholders.
Micro, Small, and Medium Enterprises (MSMEs) comprise the largest share of companies and employees in low- and middle-income countries. They help end poverty, promote innovation, advance economic inclusion, and create jobs. Formal MSMEs employ 91% and 81% of private sector workers in lower-middle-income and low-income countries, ...
Although Digital wage payments are widespread, access to and benefits from them are unevenly distributed. Choice of digital means of wage payment, accessibility and security of income and assets, transparency and privacy, fair opportunities and treatment, and enabling conditions determine the extent to which the benefits of digital wage ...
Analysts predict Sub-Saharan Africa (SSA) will need a more skilled labor force to absorb new technologies and foster digital transformation. However, there is a persistent underskilling and overskilling mismatch across the continent, with highly educated young people likely to be either unemployed or not utilizing their full skill set ...
Access to finance has been increasing consistently over the years in Ethiopia. The percentage of adults with an account reached 46% in 2022. Insufficient funds, distance from service points, and lack of documentation are the main reasons for not owning an account.