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Calls from rivals for higher charges by Safaricom rejected
Proposals by Airtel and Telkom Kenya that could have seen Safaricom forced to charge its customers higher rates than its rival telecommunications providers have been rejected by consultants hired to assess competition in the sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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From Beneficiary to Customer: 40K Transitions from School-building Charity to Edtech Social Enterprise
It took five years for 40K to build its first school in India. Over that time, the organization learned a lot about the key barriers that were preventing quality education from proliferating in rural areas. Over the next two years, 40K transformed from a school-building charity to an edtech social enterprise. Clary Castrission, founder and CEO, explains why, and how the transition is progressing.
- Categories
- Education, Social Enterprise, Technology
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Woman-Led Tala Raises $30 Million Series B For Micro-Loans Via Smartphone
Tala, a startup that makes micro-loans to entrepreneurs in the developing world via smartphone app, has raised a $30 million Series B round as it expands into new geographical markets.
- Categories
- Investing, Technology
- Tags
- fintech, venture capital
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Kenya: Safaricom Faces M-Pesa Break Up in Market Dominance War
Telecoms operator Safaricom could be forced to hive off its popular mobile money service M-Pesa if sector regulator, the CA, moves to implement recommendations of a market dominance report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why Omidyar Network is Excited About Technology Stacks for Financial Inclusion
There are a lot of buzzwords out there when it comes to technology, so we try not to get caught up with each new fad. But everywhere we look, we see a concept that promises to be a powerful driver of not only innovation, but also economic progress: technology stacks.
- Categories
- Technology
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National Payments Corporation of India begins pilot project to digitize transactions in microfinance sector
Under the project, RBL Bank will disburse loans and HDFC Bank will receive loan repayments for the transactions of Svatantra Microfinance using Aadhaar and USSD based facilities.
- Categories
- Technology
- Region
- South Asia
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Social Business Roundup: A $1 Smartphone, the Upshot of Disparity and the Quizzing of Presidents
If you manufacture a phone that comes with apps advertising to low-income consumers, can you sell it for as little as $1? The folks at SocialEco think so. Other items NextBillion's editors came across for this week's Roundup included a concentration on wealth concentration, an unhappy birthday for M-Pesa, plus a presidential Q that will hopefully result in an A.
- Categories
- Health Care, Technology
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Working With the Underbanked in the Age of Trump
Last fall, executives at Bee, a mobile financial services company, were having fruitful conversations about working together with municipal agencies and other organizations serving immigrants, people of color and low-wage workers.
- Categories
- Technology
- Region
- North America
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