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Islamic finance is gaining a foothold across Africa

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via Quartz Africa: Islamic finance is rapidly growing across Africa, with investors, governments, and financial institutions increasingly leveraging its potential for both financing and development. Since 2014, $2.3 billion in sukuk, or Sharia-compliant bonds, have been issued in the continent, notes a briefing from ratings and financial agency Moody’s. There has …

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The rich keep getting richer — here are the billionaires who made the most billions in a single year

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via Business Insider: Jeff Bezos made nearly $40 billion in a single year. REUTERS/Rex Curry Billionaires keep growing their billions. With a record number of billionaires around the world, we calculated just how much the world’s richest billionaires earned in a single year. According to our calculations, Bill Gates earned $4 …

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Digital Banking Consumers Still Don’t Fully Trust Online Bill Pay

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via bank innovation: Convenience, not trust, is why people choose to pay their bills online, according to Fiserv’s quarterly report on consumer payment trends. The report, titled “Expectations & Experiences: Consumer Payments,” was released last week. It revealed that while 59% of consumers surveyed paid bills online, more than half of …

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Angel Investors Appreciate These 5 Uncommon Things That Founders Do

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via e27: Angels appreciate when the founders show they are able to listen and acknowledge feedback, recognise mistakes, and look to learn. In the startup ecosystem, there is a variety of resources available teaching founders how to fundraise. Some of these topics include the art of effective pitching and creating compelling …

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Tenth Anniversary of Quantitative Easing

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via Gulf Times: November 2018 will mark the tenth anniversary of quantitative easing (QE) — undoubtedly the boldest policy experiment in the modern history of central banking. The only thing comparable to QE was the US Federal Reserve’s anti-inflation campaign of 1979-1980, orchestrated by the Fed’s then-chair, Paul Volcker. But that …

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