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The Growing Influence of Telecom Companies in Off-Grid Markets
The growing use of mobile money solutions for electricity tariff payment is redefining the solar off-grid market in regions such as Africa. Here, mobile money services have seen a tremendous growth over the last decade.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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McKinsey says digital finance adoption could add trillions to high growth economies
Adoption of digital finance could add $3.7 trillion dollars to the GDP of emerging markets economies, including $1.1 trillion in China alone, according to a new McKinsey & Company report.
- Categories
- Technology
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Rice Engineer Secures Prestigious $625,000 ‘Genius Grant’
Rebecca Richards-Kortum, a bioengineering professor at Rice University, was named a 2016 MacArthur Fellow by the MacArthur Foundation.
- Categories
- Health Care, Technology
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Thinking Outside the Bag: Bringing Together Private Packaging Firms, Public Procurement to Feed More Hungry People
The U.S. Agency for International Development (USAID) conservatively estimates that 1 percent of all food aid shipped every year is lost to factors like spoilage or physical damage. That’s enough to feed about 200,000 families for a month — $15 million lost each year. This summer, USAID, USDA and American packaging companies are running an experiment with the Massachusetts Institute of Technology to understand which kinds of food aid packaging may better prevent spoilage.
- Categories
- Agriculture, Technology
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GSMA Publishes Report Detailing the Mobile Industry’s Impact in Achieving the Sustainable Development Goals
At today’s United Nations Private Sector Forum, the GSMA unveiled the ‘2016 Mobile Industry Impact Report: Sustainable Development Goals’, a ground-breaking study that provides a current assessment of the mobile industry’s impact in achieving the Sustainable Development Goals (SDGs), and outlines future actions that will expand and strengthen that impact. The GSMA also announced several industry commitments, including actions to elevate the focus on humanitarian assistance, as well as a partnership with the UN to drive ongoing engagement around the SDGs across the mobile industry and adjacent sectors.
- Categories
- Technology
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Vodafone India’s M-Pesa Rolls Out Pension Payment Scheme
Vodafone India is pioneering a mobile money scheme allowing the state to pay social security pensions directly to an M-Pesa account across remote villages in the north of the country.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payments Could Boost Tax Revenue by Nearly $500 Million Each Year and Drive Economic Modernization in Tanzania
Many emerging economies are grappling with how to modernize their economies, improve transparency, drive sustainable growth and advance financial inclusion. This study on Tanzania’s digital payment initiatives reveals the very strong results achieved by the government so far.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Caricoin and Bank of Jamaica to Launch First Licensed Bitcoin Exchange in Jamaica
Bitcoin wallet Caricoin Ltd. that launched its first mobile money wallet to Caribbean users in June, has announced that it is in talks with Bank of Jamaica (BOJ) in order to set up first licensed bitcoin exchange in Jamaica.
- Categories
- Technology
- Region
- North America
- Tags
- fintech
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