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Accion Microfinance Bank Share capital Reaches N1.205bn in Nigeria
The micro finance bank’s robust financial base reflects on over N21.7billion disbursed in loans to more than 110,000 customers since inception.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya’s Safaricom Plans to Disrupt Mobile Market with Contactless Transactions
For a successful deployment, Safaricom is expected to build an NFC infrastructure countrywide, just like it did with its mobile money agents so as its subscribers can pay for services and buy goods anywhere in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Uganda Telecom to Upgrade Mobile Money Platform
Uganda telecom, a partially state owned telecommunication service provider, has signaled it will embark on upgrading its mobile money banking platform, M-Sente, in the next two weeks to enable their customers enjoy the service flawlessly.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Western Union Expands Mobile Money Transfer Network in Nigeria
New relationship with Paga gives more than 1.2 million Paga subscribers access to Western Union services.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Chinese NGO Aims to Tackle Poverty in Burma Through Microloans
A Chinese NGO is set to implement micro-finance programs across Burma in a bid to tackle rural poverty.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Is Equity Crowdfunding The Key To More International Startup Hubs?
Is crowdfunding the secret to creating more Silicon Valley-like tech hubs around the world? Crowdfunder CEO Chance Barnett argues yes.
- Categories
- Uncategorized
- Tags
- crowdfunding
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Indian Microfinance Body Seeks RBI Nod for Self-regulatory Status
Last year, the RBI had released guidelines on self-regulation by MFIs in accordance with the recommendations of the Malegam panel set up by the apex bank earlier to look into regulatory aspects of micro-lending following the Andhra Pradesh microfinance crisis of 2010.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- governance, microfinance
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Saving for Change: How Small Sums Drive Big Advances in Cambodia
Many rural villagers cannot access financial services from microfinance institutions (MFIs) despite the growth in the sector.
- Categories
- Uncategorized
- Region
- Asia Pacific
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