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Vodacom Partners with China’s Alipay to Create ‘Super App’ in South Africa
Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Zimbabwe Accuses Mobile Phone Operator Econet of Money Laundering
Zimbabwean police have issued a warrant against the largest mobile phone operator Econet Wireless to hand over a list of its mobile money transactions and subscribers because authorities suspect it of involvement in money laundering, according to the warrant.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Digital Payment Grows in Philippines Amid COVID-19 Fears
Digital payments are fast gaining currency in the Philippines as consumers ditch cash to avoid physical contact on worries over catching coronavirus.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Review of Microfinance Studies Finds Many Flaws, No Conclusions
What do we know about microfinance—often touted as the solution for the economic woes of developing countries? Practically nothing, say researchers from UConn's Department of Agricultural and Resources and Economics.
- Categories
- Finance, Impact Assessment
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Report: Nigeria Has Most Active Fintech Market In Africa
The global body of mobile operators, GSM Association (GSMA), has described the fintech ecosystem in Nigeria as the most active in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Crackdown on Mobile Money hits Zimbabwe’s Poor
Restrictions introduced at the end of June on Ecocash, the country’s mobile-money monopoly, by the government of President Emmerson Mnangagwa, have affected millions for whom the platform has all but replaced the hard cash that has vanished in shortages caused by the crisis.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Office of the Comptroller of the Currency Debuts Program to Expand Financial Inclusion
The Office of the Comptroller of the Currency (OCC) is teaming with leaders in the financial services industry and civil rights organizations on a new program designed to increase access to credit and capital by underserved communities.
- Categories
- Finance
- Region
- North America
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M-Pesa Dominates Kenyan Mobile Money Market – Will a Challenger Emerge From Telkom-Airtel Merger?
M-Pesa’s mobile money dominance has reportedly swelled to almost 99%
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa