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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.
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- Sub-Saharan Africa
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- 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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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.
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- 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.
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- Uncategorized
- Region
- Asia Pacific
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eRezeki project to connect Malaysians at bottom 40% of income pyramid with digital income
Prime Minister Datuk Seri Najib Razak today announced the eRezeki project to connect Malaysians at the bottom 40% of the income pyramid (B40) with domestic and global digital income.
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- Region
- South Asia
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Why American Small Businesses Are Singing Microcredit’s Praises
Grameen America has helped multiple neighborhoods in the U.S. thrive. Here's the story of one business owner in Queens, New York.
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- Uncategorized
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Mozido Receives $185 Million in Series B Funding from MasterCard, Wellington Management Company…
Mozido, a provider of mobile financial, retail and marketing services, today announced a two-part round of Series B funding of up to $400 million.
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EU Offers $1bn Development Capital To Three African Countries
European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
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- Uncategorized
- Region
- Sub-Saharan Africa
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