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Nigeria Is Projected to Be the First African Country to Hit $1 Trillion in GDP by 2030
Nigeria’s economy will more than double in the next 15 years, according to projections from the United States Department of Agriculture. Today, with an annual GDP of around $500 billion, Africa’s largest economy is 27th in the world. By 2030 it is expected to climb up to 19th place just ahead of the Netherlands.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Here’s Why Facebook’s Internet.org Is Crumbling in India
A group of Internet companies have withdrawn support from Internet.org, the buzzy Facebook-backed service that aims to bring people in developing countries online, following a backlash in India over net neutrality.
- Categories
- Technology
- Region
- South Asia
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New Ways of Delivering Healthcare
One of the biggest barriers to realising the national agenda of "healthcare for all" is tackling the existent complex, disorganised and expensive system of healthcare.
- Categories
- Health Care, Technology
- Region
- South Asia
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2014 Mobile Money Transfers Up By 80 Percent in Zimbabwe
The value of mobile money transfers rose by 80 percent to $1,4 billion in 2014 against the prior year in tandem with the now widespread use of cell phones in Zimbabwe.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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China Is Fertile Ground for Growing Internet Finance
The recent establishment of private Internet banks has ushered the banking industry into an era where banks need no brick-and-mortar offices. Technologies like big data make this possible, yet there is disagreement over how much potential Internet finance has.
- Categories
- Technology
- Region
- South Asia
- Tags
- regulations
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Airtel Money Hits Over 1 Million Transactions in a Month in Ghana
Airtel Ghana, multiple award winning company has attained another great milestone with its Convenient, Secure and Instant mobile money service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Consumers Trust Their Bank Most to Provide a Mobile Wallet
When it comes to mobile wallets, journalists and bloggers have focused on offerings from tech companies like Apple and Google, but consumers are more likely to trust their own bank as a provider, a new ING International Survey of 10,169 mobile users shows.
- Categories
- Technology
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China’s Financial Repression and Alibaba’s Banking Arbitrage
There’s much stock market excitement about the various Chinese internet companies, Alibaba, Tencent, Xiaomi, and their move into what is essentially online banking. Will they be able to capute significant percentages of the market, just how dang big is that market anyway and which of them is going to do best? We, here at this particular part of Forbes, don’t do technology nor stock markets, but macroeconomics. And truth of the matter here is that all of those things are going to depend upon the Chinese Goivernment’s macroeconomic policy making. Specifically, how much are they going to relax the country’s current financial repression and how much are they going to allow these companies to arbitrage around it? Absolutely nothing else is going to have an effect as large as that one single decision.
- Categories
- Technology
- Region
- South Asia
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