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MTN set to support money transfers between Rwanda and Uganda
In a move aimed at warding off competition and increasing revenue collection from its mobile money service, MTN Uganda has partnered with MTN Rwanda to deliver cross border transactions between the two countries.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Tanzania: Mobile Technology to Benefit Local Farmers
CONNECTED Farmer Alliance (CFA), a public-private partnership between Vodafone Group, the US Agency for International Development (USAID) and TechnoServe, has announced an agreement to use mobile technology to increase productivity of thousands of smallholder farmers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Morgan Stanley Alternative Investment Partners Strengthens Global Private Equity Impact Investing Capabilities
David Wilton Joins Morgan Stanley from International Finance Corporation.
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- Uncategorized
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- impact investing
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Data Specialist in Court Bid to Block Equity’s SIM Card
Equity Bank's thin-SIM mobile money transfer system faces more hurdles after a data specialist went to court seeking to block its rollout.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance
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PRESS RELEASE: Accion Venture Lab Invests in Kenyan Start-up Umati Capital
Accion today announced an investment in Umati Capital, a Kenya-based lending company that provides invoice discounting and other forms of working capital financing to small and medium-sized enterprises (SME) in East Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- lending
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India’s Financial Inclusion Scheme Can Bring Unorganized Remittances Under Banking Channels
"With the help of the Jan Dhan Yojana, the reach of banking can definitely be expanded, making migrant workers aware of different services," says a senior executive from Bank of India.
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- Uncategorized
- Region
- South Asia
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What Jamaica’s Mobile Wallet Will Mean for the Unbanked: Financial inclusion community takes note of new national mobile finance product
This summer, the Bank of Jamaica approved the Jamaican Co-operative Credit Union League to extend the use of its mobile wallet to all citizens of the country. This was an incredibly significant development that could have a major impact in Jamaica and beyond, says Mozido founder Michael Liberty.
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- Uncategorized
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Five Sources of Untapped Innovation in Digital Finance: How a new generation of financial products is taking the sector far beyond payments
The GSMA estimates there are more than 60 million active mobile money accounts in over 84 countries, and these figures continue to grow. But though this growth has been driven primarily by payments, financial service providers are beginning to deliver other services through these “digital rails.” CGAP discusses five attributes upon which these second generation products build their value propositions.
- Categories
- Uncategorized
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