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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Press Release: Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research
The research, titled “African Digital Payment Systems and Consumers’ Experience in 2023,” sheds light on pivotal insights driving Africa’s rapidly evolving payment ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Brazil’s Pix Payments Are Killing Cash. Are Credit Cards Next?
In three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector.
- Categories
- Finance, Technology
- Region
- Latin America
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Access Holdings Collaborates With Safaricom and M-Pesa to Facilitate Remittances Between East And West Africa
Access Holdings, led by Aigboje Aig-Imoukhuede, is pushing for the biggest share of the remittance market in East and West Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Leveraging Market Systems Development for Women’s Economic Empowerment: Four Tools for Designing Programs That Promote a Gender-Inclusive Economy
Market Systems Development (MSD) interventions are a promising way to boost women's economic independence in emerging markets. But as Sarah Bove, Teresa Oliveira and Julieta Ocampo at TechnoServe explain, since most MSD programs haven’t specifically targeted women, there's little evidence on how this approach can address their exclusion from key sectors. They offer insights from TechnoServe's Women in Business MSD initiative in Mozambique, sharing a set of tools that can be used by other MSD programs to maximize women’s economic empowerment.
- Categories
- Social Enterprise
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa