In the shadow of a turbulent future, The Bloomberg New Economy Forum brought together world leaders for face-to-face discussions on the global threats we face. This special highlights the best of the fifth annual event which was held in Singapore from November 14-17.
Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. Reporters from Bloomberg’s Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues.
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Mobile money agents in Ivory Coast halted service for Wave Mobile Money Inc. few weeks ago, in an attempt to stymie the growth of the young fintech gobbling up market share across West Africa.
The agents –- brokers who enable unbanked people to store and send money through cellphones –- were unhappy with their commissions and expected the suspension to severely cripple the company’s business. Instead, Wave had one of its best weeks since launching three years ago in West Africa’s third-biggest economy. “Transactions spiked for a couple of hours,” said Katier Bamba, the company’s general manager for Ivory Coast.
