-
Kenya’s Mobile Money Use Surges on COVID-19 Prevention Measure
The use of mobile money in Kenya has surged to a new high boosted by one of the measures declared by the government in the war against COVID-19.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
-
Liberia: MTN Liberia Launches International Remittances Direct to Mobile Money Accounts
Lonestar Cell MTN, one of Liberia's leading GSM and Mobile Financial Services companies, announces that, as of August 3, 2020, Mobile Money customers can receive money from their family and friends anywhere in the world directly to the MoMo accounts, free of charge with the launch of International Remittances.
- Categories
- Finance, Technology
-
Analysis: Zimbabwe Hopes Rural Electrification Can Stop Deforestation. Here’s Why It Might Not Work
Researchers say bigger issues — poverty, corruption, inequality — can undermine rural energy programs if unaddressed.
- Categories
- Energy, Environment, Investing, Technology
-
Engie and Eib Partner on Off-Grid Solar Scheme in Uganda
Millions of people in rural Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, off-grid energy, SDGs, solar
-
COVID Coin?
The COVID-19 pandemic is accelerating the long-term shift away from cash, and monetary authorities risk falling behind. A recent report from the G30 argues that if central banks want to shape the outcome, they need to start thinking fast.
- Categories
- Coronavirus, Finance, Technology
-
Digital Identity and Financial Inclusion: How Digitizing Customer Due Diligence Can Strengthen Providers During COVID-19 and Beyond
Customer due diligence requirements are a major barrier to financial inclusion, since in some countries up to half the adult population can't open a bank account because they lack the necessary identity documents. With COVID-19 placing this obstacle in the spotlight, analysts at Cenfri explore how digital ID systems can benefit providers and customers, during the pandemic and beyond.
- Categories
- Coronavirus, Finance, Technology
-
How Fintech Platform CNote Gives Socially Conscious Investors New Ways to Battle Inequality: An Interview With Catherine Berman
Catherine Berman is CEO and cofounder of CNote, an innovative fintech platform that unlocks new investment opportunities for retail and institutional investors. Working with mission-aligned community lenders, CNote aims to close the wealth gap by allowing anyone to invest in small businesses, affordable housing and economic development in financially underserved communities, with a focus on lending to women and minorities.
- Categories
- Finance, Technology
-
Viewpoint: COVID-19 Pandemic Shows the Need to Strengthen Digital Safety Nets for Women
The COVID-19 pandemic threatens to wipe out hard-won gains in global development and gender equality. The World Bank reports that the world faces its first increase in extreme poverty since 1998, with between 71 million and 100 million people set to fall into destitution depending on the pandemic’s course, and the crisis affecting women more negatively than men.
- Categories
- Coronavirus, Technology
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.