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Announcing the Latest NextBillion E-book: Insights and Innovations in Financial Health
In response to a growing recognition that financial access alone doesn’t guarantee social impact, many of the sector’s leading voices are shifting their focus to financial health. MetLife Foundation and its partners explored that topic on NextBillion's Financial Health site, through 20 articles that discuss what’s working—and sometimes, what’s not working—in inclusive finance. We’ve compiled these articles into an e-book, which you can download and share here.
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M-Pesa Loses Ground on Person-to-Person Money Transfers
According to the latest report by Communications Authority of Kenya (CA) shows that M-Pesa still commands a large market share compared to the competition with a whopping 23.6 million subscribers up against 3.3 million on Airtel money and 1.9 million on Equitel.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Will mobile money cannibalise banks? Not really, says GSMA Executive
Mobile money is one of the jewels in the crown for Sub-Saharan Africa and it’s a place where we have excelled, and we are working with the industry and all stakeholders to ensure that we continue to excel in this space.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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UN pushes for cross-border mobile money payments
The move is intended to facilitate interconnectivity between registered mobile money account owners within Kenya and across the continent, totaling 277 million according to a 2017 report.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Mobile Phones Driving Zimbabwe’s Financial Inclusion, but Gender Gaps Persist
The Global Financial Index 2017 noted that Zimbabwe has accomplished a considerable achievement in enhancing financial inclusion, but also indicated that the country has a long way to go in order to catch up with nations like Kenya, where account ownership is over 80 percent of the adult population.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tanzania considers pushing telcos to refund mobile money fraud victims
The minister responsible for communications, Mr Isack Kamwelwe told The Citizen newspaper that the government has received numerous complaints from the public against telcos, citing failure to take stringent measures against the theft.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Coming soon to Rwanda: Mobile money transfers across networks
These approvals will set the stage for the telcos to start commercial negotiations, agree on transaction tariffs and sign agreements with an independent switch provider, enabling them to embrace mobile money interoperability or the ability to offer services across networks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Realizing blockchain’s potential for social impact
As is usually the case with disruptive new technology, blockchain comes with a lot of hype. While its best-known application, bitcoin, divides opinion and makes banks and governments nervous, the technology may have great potential to advance social good.
- Categories
- Finance, Technology