According to the GSMA’s recently launched 2019 State of the Industry report, mobile money achieved some major milestones last year: There are now more than 1 billion accounts, and for the first time, the majority of transaction values are digital. But according to Arunjay Katakam, mobile money providers will soon face a new challenge that could upend their industry, as internet-based "over-the-top" payments providers are poised to transform the competitive landscape.
Technologies like geospatial imagery, machine learning and affordable batteries are generating ever more innovative ways to target customers with off-grid energy solutions. But according to analysts at the Duke University Energy Access Project, public policy is struggling to keep up with these rapid-fire developments, leaving vast amounts of human capacity and productivity untapped. They explore how to address this disconnect between government and the private sector.
Kenya is arguably the world's top mobile money market, and one reason for its success is that a “trigger” event – the post-election violence of 2008 – forced the rapid, large-scale adoption of mobile payment services. Jill Lagos Shemin explores how the unique demands of the coronavirus pandemic could prove to be a similar catalyst for mobile money growth in other countries, and how providers and other stakeholders can build upon this momentum to create more inclusive digital ecosystems for underserved customers.
An Overlooked Obstacle to Digital Finance in Nigeria: How Persistent Right of Way Issues Have Hindered Financial Inclusion
Mobile financial services have rapidly boosted financial inclusion in sub-Saharan Africa. But the region’s largest economy, Nigeria, has consistently failed to keep pace with its peers. Many analysts have attributed this to the country’s regulatory caution, but according to Olayinka David-West and Ibukun Taiwo at the Sustainable and Inclusive Digital Financial Services initiative of the Lagos Business School, there's an even more fundamental obstacle the country must overcome.
Lights, Camera – Health Education: How Animated Videos are Advancing Maternal Health in India and Beyond
In India, there is just one government doctor for every 10,189 people – a situation that often results in poor access to pregnancy-related health care. Without reliable medical advice, many women fall prey to myths and misconceptions about pregnancy and newborn care. MedHealth TV is addressing this issue with animated educational videos in local languages. Its founder, Padma Rammoorthy, discusses the approach and its impact.