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Tanzania: Mobile Cash Transactions Rise Five-Fold Over the Past Year
The amount of cash transacted across networks of mobile phone platforms reached Sh988.9 billion during the second half of last year as telecom firms become an increasingly important payment avenue, giving commercial banks a run for their money.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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How Philips is Using AI to Transform Healthcare
Data scientists have begun betting on the use of machine learning, deep learning, Big Data and artificial intelligence (AI) technologies to help in the early detection of diseases and advance healthcare. Leading the way on the road to healthcare analytics are the world’s five largest medical device companies—Johnson & Johnson, GE Healthcare, Siemens, Medtronic and Philips Healthcare.
- Categories
- Health Care, Technology
- Region
- South Asia
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Creative Climbing: How Impact Enterprises are Overcoming Obstacles in East Africa
In 2016, Intellecap undertook a study to better understand how East African impact entrepreneurs manage to design viable business models despite the various market challenges. The insights from the study can inform inclusive development in the region and across the global south. The study classified impact enterprises across three levers based on their interaction with the BoP: access, ability and knowledge.
- Categories
- Agriculture, Investing, Social Enterprise, Technology
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Mastercard Commits to Financially Including Over 150,000 Kenyan Merchants With Masterpass QR
Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR. The mobile driven, Person-to-Merchant payment solution will be introduced through various financial institutions and other partners in the market from February onwards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In Delivery Drones, Scrappy Can Beat Costly
A drone named Frankenstein may hold important lessons for the use of unmanned aerial vehicles, or UAVs, in humanitarian aid, development or environmental conservation.
- Categories
- Health Care, Technology
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Artoo Partners with Microfinance Institution Grameen Koota in India
Grameen Koota, a pioneer in rural lending, is expanding its product portfolio and venturing into Individual lending for its rural customer base. To this end, it has partnered with FinTech firm Artoo to develop a digital lending model to launch Individual business loans. Artoo’s intelligent digital platform will enable it to go paperless and reduce loan approval and go-to-market time significantly.
- Categories
- Technology
- Region
- South Asia
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How the mobile can power digital India
The call for digital cash, or going cashless, has never been as loud and clear as it has been in the past two months across India. One of the positive impacts of demonetisation has been the exploration of alternate methods of payment such as credit and debit cards, online money transfer and payments, use of e-wallets, digital transaction apps such as BHIM, etc. The various means of digital payments have made life a little easier.
- Categories
- Technology
- Region
- South Asia
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Kenya: Big Banks, Telcos Slow to Heed Order on Fees Disclosures
Big commercial banks and telecommunications firms are lagging behind in implementing a directive to disclose all fees incurred in mobile money transactions. The Competition Authority of Kenya (CAK) says that eight companies are thus far making these disclosures to customers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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