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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.
- Categories
- 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
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Sun Pharma Partners ICGEB to Develop Safer, Cheaper Dengue Vaccine
Drugmaker Sun PharmaBSE 0.01 % has partnered with International Centre for Genetic Engineering and Biotechnology (ICGEB) to develop a dengue vaccine which, it said, would be safer, effective and more affordable than the existing vaccine and other candidates being developed.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Philips Showcases Low Cost New Innovations for Accurate Diagnosis, Treatment
As part of efforts to boost Nigeria’s healthcare standards, Philips West Africa, a medical and lifestyle equipment company has introduced a portfolio of data driven oncology, radiology and women’s health technology solutions across the health continuum in the country.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Merck Merges Pharma, Consumer Health Units; Aims to Ramp Up Businesses
German drug maker MerckBSE 5.34 % has merged its pharmaceuticals and consumer healthcare businesses as part of a major makeover unique to India aimed at building scale and ramping up local business with a hybrid model.
- Categories
- Health Care
- Region
- South Asia
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