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The Past and Future of Mobile Finance in Africa: Part two of our Q&A with Henry Maloba at Grameen Foundation’s Mobile Financial Services Accelerator
Henry Maloba leads Grameen Foundation’s Mobile Financial Services Accelerator in Uganda, which aims to bring financial services to rural Ugandans by forging collaboration between telcos and banks. In part two of our Q&A, Maloba discusses the tensions between these sectors and among telcos themselves, and shares his views on the recent past and future of mobile financial services in Africa.
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Timor Leste’s First Mobile Money Pilot Launched to Expand Access to Financial Services
BNU, in partnership with Timor Telecom, and with support from the Inclusive Finance for the Under-Served Economy (INFUSE) Programme and MicroSave, launched Timor-Leste's first mobile wallet product called BNU Mobile.
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Strange Bedfellows: A Grameen Foundation initiative aims to bring telcos and banks together to deliver mobile financial services to rural Uganda
In many countries in the developing world, telcos and banks have clashed as they compete for the growing mobile finance market. But in Uganda, Grameen Foundation’s Mobile Financial Services Accelerator is promoting a different approach, facilitating collaboration between the two sectors in an effort to bring mobile financial services to rural communities. We spoke with Henry Maloba, who leads the initiative, in this two-part Q&A.
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MasterCard Teams With Gates Foundation to Expand Digital Financial Services in East Africa
MasterCard has unveiled the launch of MasterCard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools that expand access and help build stable futures over the long term.
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- Sub-Saharan Africa
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Kenya Court to Rule on Thin SIM Case in January
The High Court will determine in January whether a mobile operator associated with Equity Bank should roll out the thin SIM technology. Judge Isaac Lenaola on Thursday said he will deliver his verdict next year after parties in the case made their final submissions.
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- mobile finance
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PRESS RELEASE: Roundtable on Aging and Financial Inclusion in Latin America
Over 40 leaders from across Latin America, including the banking, microfinance, academic, and aging advocacy sectors, joined together in Bogota, Colombia for a roundtable on the topic of Aging and Financial Inclusion. This meeting focused specifically on aging demographics in Latin America and the increasing need for access to quality financial services—including pensions, savings, insurance, loans, and payments.
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- Latin America
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PRESS RELEASE: Citi Announces Top Innovations from Global Financial Technology Challenge
Today Citi announced the top innovations from the Citi Mobile Challenge U.S., a groundbreaking global initiative that invites technology developers to reimagine digital banking and fuel innovation in the financial industry.
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- mobile finance
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United Bank of Africa, Airtel to Launch Mobile Financial Services Across Africa
United Bank for Africa (UBA) is partnering with telecoms firm, Bharti Airtel to provide mobile-based financial services across Africa through Airtel Money.
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- Sub-Saharan Africa