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OPINION: Cash still king in Africa, despite mobile money rise
Over 25 million Kenyans use mobile money services but one expert says “cash is still king” in most of the continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Ecuador backs national mobile wallet
In an unusual move, Ecuador is reportedly building its own mobile wallet to boost financial inclusion, without the involvement of the country’s operators or banks.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- mobile finance
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Crowdfunding for Development: Recommendations vs. reality
Last year, infoDev released a report that explored what crowdfunding could mean for enterprises in developing countries. Now, it’s seeing the first results of its Crowdfund Investing Pilot, a project designed to mentor and train six Kenyan startups on crowdfunding campaigns. The organization reflects on some key recommendations of the report, and how they compare to the reality of working with these entrepreneurs.
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- Uncategorized
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Kenyan mobile money agents apprehensive of new Equity Bank service
Mobile money agents in Kenya fear loss of business once a banking institution rolls out a cheaper cash transfer service.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Winner of 2014 Nestlé CSV Prize is…
On October 9th, during the global Creating Shared Value Forum, co-organised by Nestlé and the United Nations Conference on Trade and Development, it was announced that the overall winner of the 2014 Nestlé Creating Shared Value Prize is Honey Care Africa (HCA)!
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- Uncategorized
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PRESS RELEASE: ImpactAssets Releases “IA 50” Impact Investing Showcase
ImpactAssets has released its 2014 impact investing showcase, the ImpactAssets 50 (“IA 50”), a free online resource for investors and financial advisors.
- Categories
- Uncategorized
- Tags
- impact investing
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Here’s why emerging markets are a challenge for Apple Pay
Apple Pay could certainly be the nail in the wallet’s coffin, similar to what the iTunes model was for music when it was introduced in 2001. And this on the heels of the Twitter “buy” button, another move by a major tech titan to occupy the payments space via a mobile device.
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- Uncategorized
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Uganda: Why Do Customers Fear Banks?
In Uganda, many point to the success of mobile money in improving financial inclusion by promoting peer-to-peer money transfer.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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