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Latest GSMA Report Highlights Success of Mobile Money with over Half a Billion Accounts Worldwide
The GSMA today unveiled its sixth ‘State of the Industry Report on Mobile Money’, offering a current snapshot of the mobile money landscape and highlighting the impact of mobile money on lives, economies and innovation over the past 10 years. The report provides the only comprehensive picture of mobile money around the globe.
- Categories
- Technology
- Region
- Europe & Eurasia
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Mobile Money Not As Useful As Expected For Banking Poorer, Rural Africans
Kenya’s banks came together this month to launch PesaLink, a new platform that will be integrated into all banks in the country, allowing users to seamlessly send money from one bank to another. The move signifies major new competition for Safaricom’s M-Pesa and other mobile money services, which launched initially to streamline the process of sending money.
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- Technology
- Region
- Sub-Saharan Africa
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Influential Health Fund Reboots Its Search for a Leader
The Global Fund to Fight AIDS, Tuberculosis and Malaria has announced that it is reopening its search for a new executive director. The fund is influential in global health, disbursing about $5 billion a year to fight the three diseases — a budget more than twice as large as the World Health Organization’s.
- Categories
- Health Care
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Indian City Advances as Fintech Hub as Visa, Reuters Move In
Multinational giants Thomson Reuters and Visa will launch their operations in the south Indian city of Vishakhapatnam next month, as the city gains prominence as a leading financial technology hub in the country. Global data and technology provider Thomson Reuters will join the world’s leading payments network Visa in launching operations in Vishakhapatnam, a coastal Indian city in the southern state of Andhra Pradesh.
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- Technology
- Region
- South Asia
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A new genetic tool maps how deadly viruses spread around the world in real time
We remain utterly unprepared to deal with epidemics at a global scale. Just think of Ebola, which killed more than 11,000 people, or Zika, which left thousands of newborns with malformed brains and has now become an endemic disease.
- Categories
- Health Care
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How Social Entrepreneurs Begin To Measure Impact
There are two keys to becoming a good social entrepreneur. Intentionality, that is intending to have a positive social impact rather than merely delivering one incidentally, is how you become a social entrepreneur. Accountability, measuring the impact, is how you become an effective one.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Kenya Cabinet Secretary denies claims that government wants to break up Safaricom
The government has allayed reports that it is intending to split leading telecommunication operator in the country, Safaricom. Information, Communication and Technology Cabinet Secretary Joe Mucheru has insisted that the government’s role is to provide policy guidance and coordination in the sector as opposed to interfering in business operations and investment.
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- Technology
- Region
- South Asia
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India Plans Health Scheme to Save $121 Billion Every Year
A national level program to eradicate blindness is being running across India since 1976 but corruption and inadequate government funding failed to improve the situation.
- Categories
- Health Care
- Region
- South Asia
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