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Zimbabwe’s OneWallet posts massive loss as EcoCash thrives
Government-ownded mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile money transfer platform OneWallet for the year-ending December 31 2012 after investing close to a quarter of a million dollars in the product.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Airtel, Kenya Revenue Authority partnership enables subscribers to pay taxes via mobiles
Airtel subscribers can now pay their taxes through their mobile money platform following a partnership with the Kenya Revenue Authority (KRA), which will also see the telco grow its revenues.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Tips to young social entrepreneurs: How to finance a startup
A social enterprise expert from the Social Enterprise Development Inc gives practical advice on how to overcome challenges in business startups.
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- Uncategorized
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OPINION: Is social investment bad for the charity sector?
In recent months senior figures in the world of charity have questioned whether social investment is good for the sector. David Ainsworth examines why this new field is facing a backlash.
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- Uncategorized
- Tags
- lending, philanthropy
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Equity’s year-long thin SIM ‘live test’ will go on in Kenya, industry regulators tell MPs
Nairobi, Kenya: Central Bank Governor Njuguna Ndung’u and senior officials of the Communications Authority (CA) yesterday told MPs that the rollout of Equity Bank's Thin SIM on a trial basis for the next one year would not be stopped.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Peruvian companies will boost their competitiveness with support from the IDB
The Inter-American Development Bank (IDB) has approved a third policy-based loan of $25 million designed to boost the competitiveness of Peruvian businesses. These resources will help consolidate reforms aimed at improving the business climate, lowering entry and market-access barriers and encouraging innovation.
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- Uncategorized
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PRESS RELEASE: Mobile Money for the Poor Expanded to Enable Millions in Africa to Access Financial Services
UNCDF, the UN’s capital investment agency for the world’s 48 Least Developed Countries (LDCs),has partnered with The MasterCard Foundation to expand a flagship program that will enable three million low-income clients in Africa to access mobile financial services for the first time.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Regional Development Banks and Sharia Banks Can Go Mobile, says Indonesia’s Financial Services Authority
As part of efforts to open up greater public access to financial services, the Financial Services Authority (OJK) will regulate the implementation of branchless banking, especially for regional development banks (BPD) and sharia banks, a top official says.
- Categories
- Uncategorized
- Region
- Asia Pacific
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