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Survey: 36.9m Nigerians Excluded From Financial System
Findings from the EFInA access to financial services in Nigeria 2014 survey has revealed that 36.9 million adults, representing 39.5 per cent of the population are financially excluded.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Cameroon Government, Mobile Operators Launch Service Allowing Tax Payments Through Mobile Money
The Cameroonian government has launched a new tax service called Mobile Tax, in association with mobile operators MTN and Orange.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Survey: In Nigeria, 2.6 Million Adults Have Microfinance Bank Accounts
A survey carried out by Enhancing Financial Innovation & Access (EFInA) Access to Financial Services in Nigeria in 2014 revealed that 2.6 million Nigerian adults representing 2.8 percent, currently have a microfinance bank account.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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PRESS RELEASE: Global Banking Alliance for Women Announces Partnership to Close Gender Data Gap in Finance
The Global Banking Alliance for Women (GBA) is proud to announce a partnership with the Inter-American Development Bank (IDB) and Data2X to expand the collection and use of financial data on women in economies around the world. The commitment was announced this morning at an event in New York headlined by speakers Secretary Hillary Rodham Clinton and Michael R. Bloomberg, during a panel moderated by Chelsea Clinton. The initiative aims to close the gender data gap in the banking sector, leading to greater financial inclusion and empowerment of women.
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- Uncategorized
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Underserved Markets Ripe for Insurance Innovation, Swiss Re Americas CEO Says
Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at first glance, says the chief executive of the Americas unit for one of the world’s largest reinsurance companies. And the ability to reach those markets digitally is key.
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NexThought Monday – 12/15/14 – The Over-The-Counter Paradox: Dependence on agent transactions is holding digital finance back – but could agents also move the sector forward?
Over-the-counter (OTC) transactions are mobile money transactions facilitated by a provider’s agent network - and they’re an integral part of most successful services. But while MicroSave founder Graham Wright argues that dependence on OTC transactions is hobbling the development of the digital finance ecosystem, he says these agents could also present a solution.
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- Uncategorized
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OPINION: Building India’s growth by promoting MSMEs
The real drivers of employment and growth in India are not the exalted corporates, but MSMEs, its time to stop giving them a raw deal
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- Uncategorized
- Region
- South Asia
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MasterCard Sees Opportunity with Nigerian E-ID Cards
There’s a lot of untapped potential in the Nigerian commerce market — which is growing — and MasterCard has discovered a marketing niche with the country’s national high-tech e-ID card pilot project.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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