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Viewpoint: Kenya should complete transition to seamless mobile money platform
An estimated 66 per cent of the combined population of adults in Rwanda, Tanzania, Uganda and Kenya are active mobile money users.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uganda Legislators to Block Tax on Mobile Money
A section of Members of Parliament have threatened to block the proposed 1 per cent tax on the value of transaction on mobile money, saying it will discourage low income earners from using the service.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Using big data to link poor farmers to finance
The global growth of microfinance banks has created new opportunities for financial inclusion, with outstanding lending of $100 billion to around 200 million clients. Yet the majority of lending from microfinance institutions has been to urban populations and not to the rural poor or small farmers.
- Categories
- Agriculture, Finance
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Mobile Money Interoperability To Be Launched in Ghana On May 10th
The move by the Ghana Interbank Payment and settlement Systems (GhIPSS), Telcos and banks, was in response to a challenge thrown by the Vice President Bawumia, last year, for a mobile money interoperability to become a reality in Ghana.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Beyond ‘Evil Capitalists vs. Righteous Social Workers’: Innovating Solutions with Integrative Thinking
After working in Silicon Valley and Wall Street – in industries famous for their single-minded pursuit of profit – Alice Mann looked forward to making an impact in the social sector. But she encountered organizations that lacked the funding to be effective on a large scale – and that shared a blind spot when it came to the value of financial sustainability. The author of "Future First," Mann shares three examples of social sector leaders who have shifted their thinking to address global problems in profitable ways.
- Categories
- Finance, Investing, Social Enterprise
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After downturn, Islamic finance eyes profits, fintech: survey
Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices, an industry body said on Wednesday.
- Categories
- Finance
- Region
- North Africa & Near East
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Uganda’s Taxes on Mobile Money to Stifle Inclusion, say Financial Institutions
Proposed taxes on mobile money transactions are likely to negatively impact financial inclusion, according to a number of players involved in curbing financial exclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: Mastercard and Unilever Break Down Barriers to Growth for Micro Entrepreneurs with First-of-its-Kind Digital Lending Platform
“Financial inclusion is a key enabler of the 2030 Sustainable Development Goals – lifting individuals out of poverty and supporting overall economic growth. By broadening our collaboration with Mastercard, working across sectors and including additional private and public partners, we are further expanding the positive impact of financial and economic inclusion” said Paul Polman, chief executive, Unilever.
- Categories
- Finance
- Region
- Sub-Saharan Africa