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Safaricom CEO takes medical leave for ‘number of months’
Company chairman Nicholas Ng’ang’a made the announcement in a circular to employees, but did not disclose the nature of Mr Collymore’s sickness.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Snapcart raises $10M to shed light on consumer spending in emerging markets
Co-founded by four executives including CEO Reynazran Royono, who previously worked as a consultant for Procter & Gamble and Boston Consulting, the startup uses the humble receipt to track consumer spending with deeper clarity than is currently done in Southeast Asia and other emerging markets.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech
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Report: Recovery Lending Program Prevents Thousands of African Families from Falling into Extreme Poverty after Climate Shocks
A report released by DFID, World Vision UK and VisionFund International has revealed that an innovative market-based approach was central in building resilience to the El Nino climate shock that impacted East Africa throughout 2016 and early 2017. These findings are critical as climate change continues to impact the world’s most vulnerable communities.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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The untold story behind IndusInd Bank-Bharat Financial merger
Bharat Financial’s earlier avatar SKS’s quest to become a bank started in right earnest from the day it realized that once small finance banks are in place, it would be difficult to successfully run the microfinance business.
- Categories
- Finance
- Region
- South Asia
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Blockchain for Inclusion? Gates Foundation Strikes Tepid Tone at Money2020
Bitcoin and other blockchain applications may help expand access to financial services for the world's poor, but the technology is not the cure-all that some of the early rhetoric in the space made it out to be. That’s the takeaway from a panel discussion Sunday at Money2020 in Las Vegas featuring representatives of the Bill & Melinda Gates Foundation and Omidyar Network, two of the most prominent philanthropic organizations focused on promoting financial inclusion.
- Categories
- Finance
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Ghana Police Reveal Telco Workers Complicit In Mobile Money Fraud
The Director in charge of the Cyber Crime Unit of the Ghana Police Service, Chief Superintendent Dr. Herbert Gustave Yankson, told The Finder that, as a result of fake identifies, the unit is able to investigate and prosecute only 10% of cases reported, due primarily to the use of fake identities to register SIM cards.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital identity, fintech
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How Blockchain Is Transforming The Energy Industry
Today, a new technology, blockchain, is shaping the commodity market, making it more efficient with reduced transaction costs.
- Tags
- blockchain, digital finance, fintech
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The Entrepreneurial Case for Tech Investing in Emerging Markets
Africa’s tech ecosystem is huge, yet it barely scratches the surface when compared with those of China, India, Brazil and other emerging markets. In 2006, India and China accounted for only 2 percent of global-deal value. More than a decade later, the two biggest emerging markets now account for nearly 25 percent, with India and China firmly on the list of the top 20 startup ecosystems in the world.
- Categories
- Finance, Investing, Technology
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