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Ethiopia Backs Mobile Players for Financial Inclusion
Two mobile money platforms have launched in Ethiopia, as the country looks to improve the take-up of bank services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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ICICI Bank, India’s Largest Private Sector Bank, Launches New e-Wallet for Mobile Payments
ICICI Bank Ltd on Tuesday launched Pockets, a mobile payments wallet for Android phones, which can be topped up with money from any bank account for making phone-based payments.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Firms Adopt Visa Digital Payment Card in Nigeria
Chams Mobile and Skye Bank Plc have signed an agreement to launch the Virtual Visa Card in Nigeria.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Platforms, Not Products, Are the Way to Bring Financial Services to the Poor
In recent years, the banking and finance industries have not done a lot to earn the trust of consumers in the West. But in poor countries, basic financial services can be transformative.
- Categories
- Uncategorized
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Egypt, MasterCard Sign MoU to Drive Financial Inclusion
The Government of Egypt, represented by The Ministry of Communications and Information Technology, and MasterCard have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration that will help drive financial inclusion and maximize government efficiency.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Villgro Announces Business Pitch Contests in Four Cities in February-March 2015
Villgro announces Unconvention|L, an event that seeks to unearth and nurture social entrepreneurs, in four cities in the next two months.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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Tugende secures $780K to fill Uganda’s roads with motorcycle taxi drivers
With an interesting take on making profit through social good, affordable motorcycle startup Tugendehas announced that it’s closed a round of US$780 000.The Ugandan-based company describes itself as a for-profit social enterprise that offers an affordable lease-to-own model to help motorcycle taxi drivers own bikes in 18 months or less. The business model seems pretty sleek and has in 2014 grew 300% to over 700 active customers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Orange and Ecobank form African m-banking partnership
Orange has struck a deal with Ecobank that will enable customers in several African countries to transfer money between accounts with the telco and financial services group through their mobile phones.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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