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Viewpoint: A Safaricom Split Is a Telco’s Dream and a Fintech Startup’s Nightmare
Talks of splitting up Kenya and East Africa’s dominant telco, Safaricom, previously gathered interest about five years ago when the Kenyan parliament stepped up calls to break the all-conquering telco into two fragments.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Mobile Money Adoption Within IDP Camps in Somalia Provides Unlikely Blueprint for Navigating COVID Pandemic
Internally displaced people’s (IDP) camps are relying upon Somalia’s intricate mobile money infrastructure to navigate the COVID-19 pandemic. Accelerating the adoption of mobile money by IDPs across Somalia has been shown to be effective in mitigating the risk of the COVID-19 spreading while providing rapid fund delivery.
- Categories
- Coronavirus, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Cameroon’s Plan To Make Users Pay Import Duties on Mobile Devices Has Sparked Outrage
A new automated system for the collection of customs duties and taxes on imported phones and other electronic devices in Cameroon is not being welcomed.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Uganda Posts Growth in Mobile Money Accounts During Pandemic, Mobile Subscribers Shrink
The growth to 25.9 million accounts was, however, smaller than what had been seen in the first quarter.
- Categories
- Coronavirus, Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Zimbabwe’s Restrictions on Mobile Money Transfers Are a Blow To Financial Inclusion
Mobile financial services are, in most African countries, born out of crises.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MTN and Airtel Uganda Suspend Mobile Money Services After Massive Hack
Telecom giants, MTN and Airtel Uganda have temporarily suspended all mobile money service transactions between their networks after unidentified hackers compromised their systems.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Mobile Money Interoperability in Ghana Goes up by Over 350% in the First Quarter of 2020
The money transfer across different mobile networks, which is referred to as Mobile Money Interoperability (MMI), has increased by 358% in the first quarter of 2020.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Press Release: DFC Approves Nearly $900 Million for Global Development Projects
The projects approved will expand access to clean water, bolster marine conservation, and improve the availability of secure telecommunications.
- Categories
- Telecommunications