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Why Kenya’s mobile leaders are optimistic about 2014
MEF, the global community for mobile content and commerce, today launched the first report of a three-country African Growth Market Study on mobile content and commerce.
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- Region
- Sub-Saharan Africa
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Citi, OPIC and Bank Of Georgia Support Growth of Microfinance Sector in Georgia with $10 Million Term Funding
New York – Citi, the Overseas Private Investment Corporation (OPIC), and the Bank of Georgia announced the closing of a USD $10 million term loan to fund the growth of Bank of Georgia’s Microfinance portfolio to promote the financial inclusion of micro-entrepreneurs and small businesses in the Republic of Georgia.
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- microfinance
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Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
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- Region
- South Asia
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African consumers slow to use advances in money
Distrust of mobile payments costs bank customers money for every transfer they make.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Crowdfunding Without Kickstarter
Entrepreneurs built their own website after being rejected from Kickstarter.
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- crowdfunding
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Operation Hope Summit: Reaching the Bottom of America’s Pyramid
Rather than casting the poor as lazy or ignorant, society should be looking for ways to redirect their latent talents and connect them with opportunity.
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Could Bitcoin connect the mobile money islands?
Pelle Braendgaard, co-founder of the Kipochi Bitcoin wallet and transfer service, believes the controversial digital currency could act as a facilitator between mobile money platforms.
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Directed Remittances: Are “free” in-kind transfers exciting enough to lure customers?
Remittances from migrant communities have huge social and economic impacts on emerging markets, accounting for over a third of GDP in some countries. But the market has only experienced incremental levels of innovation over the years. Now, according to Nate Gonzalez at Accion Venture Lab, more nuanced business models are emerging, including some that offer in-kind transfers like gift vouchers or bill payments rather than cash.
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