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Rwanda: Airtel to Give Clients Soft Loans
A micro-money lending platform whereby subscribers will be able to borrow up to Rwf50,000 payable in two weeks has been launched by telecom services provider, Airtel Rwanda and Atlantis Limited, a micro-finance institution.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Think Bigger: Social Entrepreneurship’s Critical Need for Accelerators
Prossy Sebunya has a passion for clean cook stoves -- a technology that’s critical in third-world countries, where fuel is an expensive commodity, wood fires lead to deforestation and unhealthy conditions prevent sanitary food preparation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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MTN Partners with Verifone to Target Retailers
Pan-African operator MTN announced a deal with Verifone Mobile Money to deliver retail payment devices to merchants across 16 markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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African Mobile Device Pioneer Mi-Fone Opens Up on Strategy
Alpesh Patel, CEO of African mobile player Mi-Fone, said that its strategy for the region is based on “aspiration within reach”, arguing that “you’ve got to be realistic about the consumers’ pockets”.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa Taps Emocha for Tuberculosis-Fighting Mobile Apps
Johns Hopkins-affiliated health IT startup emocha is marking World TB Day with the launch of a new system in South Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mobile Money Market Worth $78.02 Billion by 2019
According to a new market research report "Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019", published by MarketsandMarkets, Mobile Money Market is expected to grow from$12.34 Billion in 2014 to $78.02 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019.
- Categories
- Education, Technology
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How Lee Kuan Yew Transformed Singapore From Small Town Into Global Financial Hub
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one of the world’s most powerful financial centres.
- Categories
- Technology
- Region
- Asia Pacific
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Viewpoint: To Reach India’s Rural Poor, Why Not Try Television Banking?
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was envisioned to provide universal financial inclusion to rural and urban households. The mission includes not only providing universal banking access to all households but also micro-insurance. The government and commercial banks have accomplished the remarkable feat of opening 12.8 crore accounts within the last six months. While this is a laudable achievement, a number of issues related to servicing these accounts, mostly in remote and far-flung areas, may need to be addressed.
- Categories
- Technology
- Region
- South Asia
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