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Report: Equity Bank Commended for Financial Inclusion of Refugees
Equity Bank has been featured in a recent report by International Finance Corporation (IFC) and Bridgespan titled “Private Sector and Refugees: Pathways to Scale.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Whole Planet Foundation Annual Prosperity Campaign Surpasses $4 Million for Microentrepreneurs
During their Annual Prosperity Campaign, Whole Planet Foundation, with the help of Amazon and other supplier partners, raised more than $4 million to fund their mission of ending global poverty through microcredit.
- Categories
- Finance
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PalmPay, Visa Partner to Drive Financial Inclusion Across Africa
In a statement made available to The Guardian, Vice President, Strategic Partnerships, Fintech and Ventures at Visa, Otto Williams, said the goal of advancing financial inclusion was the driving force for the collaboration, noting that the partnership would benefit consumers and merchants not previously addressed by traditional financial services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN, Barclays to Broaden Financial Inclusion in Zambia
KASAKA is an interest-bearing savings account that is available to all MTN Mobile Money customers by Barclays Zambia via the JUMO platform and serves as the next step in widening the offering of financial services products to the unserved and underserved population in Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Diasporas Are Undertapped Resources For Global Development
Diaspora communities are vital groups for NGOs to positively engage, but it requires a fundamental shift in mindset.
- Categories
- Finance
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Paytm Dispels the Notion That Payments Banks Can’t Be Profitable in India
Nearly a third of all mobile banking transactions in India are powered by PPB and the firm claims it processes over Rs3 lakh crore worth of digital transactions annually, next only to the country’s largest lender State Bank of India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Vodacom, Safaricom To Acquire Rights To Vodafone’s M-Pesa
The deal, for 12 million euro ($13.4 million), will allow both companies to save in royalties paid to Vodafone.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Kenyan Consortium Launches Mobile Banking App
CBK Governor Dr. Patrick Njoroge said, "Until now, lending to MSMEs has been constrained by the lack of reliable information to assess their creditworthiness. The innovation in this product is the use of all data on customers' transactions to fill this gap. In that sense it is revolutionary."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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