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Digital payments help increase small business revenue, Makhtar Diop notes

Digital payments help increase small business revenue, Makhtar Diop notes
Digital payments boost small business access

Makhtar Diop highlights the potential of digital payments as a gateway to greater opportunities, particularly for small business owners. According to Diop, digital payments can help small businesses reach more customers, boost revenue, and strengthen their foothold in the formal economy.

Diop also notes that IFC has launched a new risk-sharing initiative, offering up to $700 million in support.

Diop has previously highlighted emerging market developments. He noted that Uzbekistan secured nearly $1 billion in private funding for its first privately owned solar plants in an earlier report. The deal marks a significant milestone for the country’s renewable energy sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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