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Hello Paisa Wins Second Annual MasterCard Foundation Clients at the Centre Prize
The MasterCard Foundation today presented its second annual Clients at the Centre Prize to Hello Paisa. The US$150,000 Prize recognizes the company’s innovative work in South Africa to facilitate international money transfers for foreign workers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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More Women Are Financially Included in India Than Ever Before
India’s Pradhan Mantri Jan Dhan Yojana (PMJDY) programme has brought more individuals into the formal financial fold than any other inclusion-related intervention attempted to date. The level of financial inclusion among Indian adults increased by 20% between 2014 and 2015, an unparalleled rate of growth across the eight countries tracked by InterMedia’s Financial Inclusion Insights (FII) research programme.
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- Uncategorized
- Region
- South Asia
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East Africa’s First Liver Clinics to Be Set Up in Kenya
Kenyans suffering from various liver diseases have a reason to smile following a partnership between the Mediheal Group of hospitals and India's Yashoda Institute of Liver Transplant and Hepatobiliary Diseases.
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- Health Care
- Region
- Sub-Saharan Africa
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Uganda: Shs1 Billion Loaned Through Mobile Phones
In just two months, the mobile micro-lending and saving platform, MoKash, has been adding an average of 15,000 customers per day, reaching 920,000 over the period. Launched in August and operated by MTN Uganda and the Commercial Bank of Africa (CBA), MoKash allows mobile phone owners to save and apply for micro-loans. This is the first platform operated by both a telecom company and bank that could carry out the function of a commercial bank.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Russian Minister Says Producing Vaccines in Nicaragua Is ‘Very Profitable’
The project of producing Russian vaccines in Nicaragua will be beneficial for both sides, Russian Healthcare Minister Veronika Skvortsova told reporters on Oct. 23.
- Categories
- Health Care
- Region
- Europe & Eurasia
- Tags
- vaccines
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Safaricom CEO Warns His “Clumsy” Product Needs to Diversify or Risk Dying
The future of M-Pesa, the world’s leading mobile money-transfer system, lies in transforming the service’s “clumsy” technology into something more efficient, innovative, and collaborative. At least that’s the vision spelled out by the company’s CEO.
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- Technology
- Region
- Sub-Saharan Africa
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Equitel Now Kenya’s Second Biggest Mover of Mobile Money
The battle for mobile phone money transactions business is changing in a manner that may cause various players to stop and take notice.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Financial Innovation Startup and 12 Global Banks Test Blockchain Based Cross-Border Payment System
U.S.-based financial innovation start-up R3, along with 12 global banks, have completed the test of a cross-border payment system powered by blockchain technology and developed by financial technology company Ripple.
- Categories
- Technology
