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📢Day 7/100: Tackling Data Availability in Ethiopia

Building a credit scoring model in Ethiopia has challenges, especially regarding data. 📊

Key hurdles I’m exploring:

1️⃣ Data scarcity: Formal credit histories are rare, but eCommerce and mobile money data offer untapped potential.

2️⃣ Local partnerships: Collaborating with fintechs to access anonymized transaction data.

3️⃣ Privacy compliance: Ensuring data protection laws are adhered to while innovating responsibly.

💡 Question of the day: Are there alternative sources of financial data that have worked well in other emerging markets?

#DataChallenges #Ethiopia #FintechInnovation #AlternativeData #PrivacyByDesign

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991 viewsDec 9, 2024 at 07:03

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Create: 2024-12-09
Last Update: 2025-06-11 08:50:51

📢Day 7/100: Tackling Data Availability in Ethiopia

Building a credit scoring model in Ethiopia has challenges, especially regarding data. 📊

Key hurdles I’m exploring:

1️⃣ Data scarcity: Formal credit histories are rare, but eCommerce and mobile money data offer untapped potential.

2️⃣ Local partnerships: Collaborating with fintechs to access anonymized transaction data.

3️⃣ Privacy compliance: Ensuring data protection laws are adhered to while innovating responsibly.

💡 Question of the day: Are there alternative sources of financial data that have worked well in other emerging markets?

#DataChallenges #Ethiopia #FintechInnovation #AlternativeData #PrivacyByDesign

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Date: 2025-06-11|

'Wild West' The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs.
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