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Vodafone Albania brings curtain down on M-Pesa
A notice sent by the operator to its M-Pesa users revealed the service will cease operations on 14 July. Customers will have until 29 July to withdraw any funds lodged with the service from any Vodafone Albania retail store.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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Sub-Saharan Africa to Surpass Half a Billion Mobile Subscribers by End of Decade, Finds New GSMA Study
“Sub-Saharan Africa will be a key engine of subscriber growth for the world’s mobile industry over the next few years as we connect millions of previously unconnected men, women and young people across the continent,” said Mats Granryd, Director General of the GSMA.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- fintech
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MetLife Foundation & Verb Launch Competition To Accelerate Financial Innovation In Egypt & Lebanon
The competition launches in Egypt & Lebanon this week and will attract participants that have an innovative idea or solution to empower the nearly 50 million Egyptians and Lebanese that manage their day-to-day financial lives without a bank account.
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- Uncategorized
- Region
- North Africa & Near East
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Airtel loses 5 million mobile money users in Kenya in three months
The firm’s subscribers stood at 6.3 million in March, a decline from 6.8 million in December, which the regulator attributed to the revision of a popular offering by the operator resulting in customers slowing down on use of its products.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Happy July Fourth
America's celebrating Independence Day today, so NextBillion's editors are taking a little time off to celebrate and maybe even see a few fireworks.
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- Uncategorized
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Nigeria: 10 Microfinance Banks Account for 40 Percent of Industry Loan
THE Central Bank of Nigeria (CBN) has said the ten microfinance banks account for 40 percent of total loans in the subsector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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From Kentucky to Kenya: Celebrating Financial Inclusion’s Potential – And Facing its Limitations
The financial inclusion industry is arguably more innovative and attuned to the needs of low-income clients than ever before. But how much of an impact can it make in a world where the problems of poverty and income inequality increasingly plague not only low-income countries, but wealthy ones too? We discuss the issue as NextBillion's Financial Inclusion Month concludes.
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- Uncategorized
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MIT in search of Africa’s most innovative entrepreneurs
According to the MIT Legatum Centre, the Open Mic Africa program seeks to find and showcase Africa's top innovators while developing a dialogue among local entrepreneurs, investors and MIT.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- innovation
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