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BATEMAN & TEIXEIRA - Imperialism by Other Means and the Rise of the Financial Inclusion Delusion

In a major exposé of the ‘fintech revolution’ in Africa, Milford Bateman and Fernando Amorim Teixeira write that the investor-driven fintech model is nothing less than a ‘digitalised’ extension of the earlier colonial-imperialist ‘extractivist’ models that enabled the western nations to appropriate Africa’s natural resource wealth to fund their own economic prosperity.

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