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Africans continue to lead the way on mobile money
“Going forward it is expected that the mobile phone will continue to play an important role in the future of payments in Africa,” said Paul van der Knaap, Global Director of Strategy and Business Development for G4S Cash Solutions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenyans borrowed a record $620 million in just one month on Safaricom’s Fuliza overdraft service
Kenya’s Safaricom subscribes borrowed a record Sh6.2 billion ($620 million) in just one month on the Safaricom’s Fuliza overdraft service, clearly demonstrating a huge demand for instant, micro-loans in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Press release: OPIC President and CEO Washburne to Leave Agency after Successful Modernization Push
"When I first came to OPIC, I committed to building and strengthening the organization. So I am tremendously proud of the work we accomplished with the Trump Administration and Congress to advance the Better Utilization of Investments Leading to Development (BUILD) Act into law, which experts have called the biggest advance in U.S. development policy in a generation."
- Source
- Press release
- Categories
- Finance
- Region
- North America
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Average deposits in Indian PM Modi’s Jan Dhan accounts jump by over 145%
Prime Minister Narendra Modi’s ambitious financial inclusion programme – Jan Dhan scheme, which was once criticised for zero balance or no deposits in a large number of accounts, has been gradually changing the saving behaviour of poor and rural people in the country.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: Why Airtel, Telkom marriage rests on thin foundation
In a joint statement announcing the agreement last week, the companies said the merger excluded Telkom Kenya’s vast land holding, as well as some of its business agreements that include lucrative contracts to provide the government with network infrastructure and connectivity services.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Telkom Kenya, Airtel seek merger to challenge Safaricom
Bharti Airtel’s Kenyan unit has agreed to combine operations with Telkom Kenya, creating the second-largest telecommunications operator in the East African nation after Safaricom.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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How Kenya’s M-Akiba App Can Teach Nigeria a Lot About Financial Inclusion
The Kenyan government recently announced that it would sell around $2.5 million worth of treasury bills through M-Akiba.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Financial inclusion takes stage at massive blockchain hackathon
Financial inclusion and security will be one of the challenges at what is being billed as the world's largest blockchain and AI hackathon, taking place in the Netherlands this April.
- Categories
- Finance, Technology
- Region
- Europe & Eurasia
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