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Finance

To expedite the LDR, new digital banks and progressive lending institutions in emerging economies are looking at using technology to expedite the process. (Image source: Pexels/Pixabay)

The Central Bank of Nigeria (CBN) has increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 per cent to 65 per cent in the latter part of 2019, which, according to Bloomberg, was aimed at forcing banks to boost credit, mainly to farmers, small-and-medium-size businesses and consumers

A participant at the ‘Open APIs Open Data’ workshop held in Kampala in November 2019. (Image source: UNCDF)

During a workshop on ‘OPEN APIs/ OPEN DATA in the Digital Economy’ held in Kampala, the United Nations Capital Development Fund (UNCDF) stressed how fast-tracking interoperability between companies will contribute to the growth of the digital economy in Uganda

The focus is on ensuring job creation and skills development of youth in Ghana. (Image source: Siemens AG)

Siemens has signed a MoU with the Republic of Ghana to address the country’s energy and infrastructure challenges while contributing to the Governments growth and development agenda of creating high-quality jobs and enhancing the vocational skills of Ghana’s youth

The collaboration will provide smart city services for citizens, as well as public and private sector entities in the new capital. (Image source: Tumisu/Pixabay)

Honeywell and Etisalat Misr are teaming up to support Egypt’s smart city vision and deliver world-class services for citizens at Egypt’s New Administrative Capital, one of the world’s largest smart city projects

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