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Alibaba Partners with British Lenders as it Expands Financial Platform Reach
Alibaba, the Chinese internet conglomerate, has formed another strategic alliance to provide loans to businesses. Earlier this month Alibaba inked an agreement with Lending Club to facilitate loans to US businesses seeking to purchase goods from China manufacturers. Now Alibaba has created a similar arrangement with ezbob and iwoca in the United Kingdom. This is the first deal by Alibaba, using e-credit line, to help provide credit to SMEs in Europe.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending
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Press Release: MetLife Foundation Sponsors ‘The Financial Inclusion Challenge’ in Asia
Today, MetLife Foundation announced its exclusive sponsorship and launch of The Financial Inclusion Challenge. The Challenge, developed in partnership with MetLife Foundation and managed by The Wall Street Journal, is a two-year global project launching in Asia with the aim of encouraging non-profit and for-profit enterprises to submit proposals that provide innovative, sustainable solutions for individuals and families struggling to be part of the financial mainstream.
- Categories
- Education, Technology
- Region
- South Asia
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Uptake Boost for African e-Health Startups
African healthcare providers are gradually recognising the convenience and cost benefits of adopting patient portals integrating financial and clinical data, according to Frost & Sullivan, giving a boost to a number of startups operating in the e-health sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Inside MTN Mobile Money Saga in Uganda
Mobile money services in Uganda are coming under scrutiny and what is emerging is troubling. At the centre of the saga in which President Yoweri Museveni is personally involved, is Uganda’s biggest telecom operator, MTN, which is battling several allegations of fraud, and suits and counter suits in the courts.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Airtel Now Rolls Out Cross Border Mobile Money Service Between DRC, Zambia, and Rwanda
Bharti Airtel, the leading global telecommunications services provider with operations in 20 countries across Africa and Asia, has today announced the launch of a cross-border money-transfer service for Airtel Money customers between The Democratic Republic of Congo (DRC), Zambia and Rwanda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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New MacArthur President Promises Grant Making With a More Immediate Impact
The John D. and Catherine T. MacArthur Foundation looked within its own ranks to pick its new president, Julia Stasch, who has promised to instill a sense of urgency at the grant maker.
- Categories
- Education, Technology
- Tags
- philanthropy
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Using Mobile Technology to Improve Maternal Health and Fight Ebola: A Case Study of Mobile Innovation in Nigeria
Today, many emerging countries struggle to provide basic health care to their citizens. And the lack of quality maternal, infant and child care has a devastating impact in these areas. Yet medical practitioners, government agencies, and private industry are beginning to learn how mobile technology can be harnessed to develop and inspire solutions to aid the health of people and nations.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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M-Pesa: Vodacom Tanzania, Safaricom Kenya Connect on Transfers
Over 7 million M-Pesa customers in Tanzania and over 18 million Safaricom customers in Kenya can now send and receive money from each other. This revolutionary service allows for mobile wallet-to-wallet transfers between the two largest telecom operators in East Africa. Now, customers can transfer funds across the border at the same rate as sending money locally.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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