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The Year of Mobile Payments
Ask most people what the state of mobile payments is today, and they’ll tell you it’s just kicking off. With Facebook announcing the option to send money to friends via Messenger and the release of Apple Pay last year, 2015 has excitedly been dubbed “The Year of Mobile Payments.” Yet what most people don’t realise is that these services are already lagging 10 years behind.
- Categories
- Technology
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NexThought Monday – How to Unlock the Potential of Young Inventors
I recently met an amazing set of entrepreneurs who are tackling a dizzying array of challenges: developing systems to allow impoverished families in poor countries to heat and pressurize water for bathing, cooking and cleaning; or creating a lawnmower-type machine that harvests and converts crops directly into biomass pellets for fuel. I wasn’t at SXSW or a high-level Silicon Valley gathering, but at VentureWell’s annual Open Conference in Washington, D.C.
- Categories
- Education, Technology
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Rwanda: MTN Launches Mobile Money School Fees Payment Service
MTN Rwanda has partnered with 21 schools from across the country to enable parents pay school fees using the telecom's mobile money platform.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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The Innovative OS That’ll Bring PCs to the Developing World
Much has been made about the mobile “revolution” in the developing world, the way that smartphones have enabled the citizens of so many poorer countries to leapfrog into the 21st century without having to bother with all the awkward technological steps in between.
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- Technology
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Under Fire In India, Facebook’s Internet.org Launches in Indonesia
Facebook’s ‘free web’ Internet.org program has expanded into Indonesia, a country with a 250 million population, marking its second largest launch in Asia to date.
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- Technology
- Region
- Asia Pacific
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Nigeria Is Projected to Be the First African Country to Hit $1 Trillion in GDP by 2030
Nigeria’s economy will more than double in the next 15 years, according to projections from the United States Department of Agriculture. Today, with an annual GDP of around $500 billion, Africa’s largest economy is 27th in the world. By 2030 it is expected to climb up to 19th place just ahead of the Netherlands.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Here’s Why Facebook’s Internet.org Is Crumbling in India
A group of Internet companies have withdrawn support from Internet.org, the buzzy Facebook-backed service that aims to bring people in developing countries online, following a backlash in India over net neutrality.
- Categories
- Technology
- Region
- South Asia
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New Ways of Delivering Healthcare
One of the biggest barriers to realising the national agenda of "healthcare for all" is tackling the existent complex, disorganised and expensive system of healthcare.
- Categories
- Health Care, Technology
- Region
- South Asia