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Safaricom prepares for battle, sets date for new Mpesa network
The stage is set for deployment of Safaricom’s long-awaited new M-Pesa system, raising stakes in the ongoing battle between the mobile phone service provider and a slew of new entrants in the mobile money transfer business, led by Equity Bank.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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IDB Launches USD $500 Million Education, Youth and Employment Bond
Citi priced a $500 million four-year Education, Youth and Employment (EYE) bond on behalf of The Inter-American Development Bank (IDB or IADB) on Tuesday – a first-of-its-kind investment vehicle, created with the support of Citi Microfinance.
- Categories
- Education
- Region
- Latin America
- Tags
- employment
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Orange Money links up with Bank of Africa for mobile banking
Wireless operator Orange has integrated its mobile Money platform with the Bank of Africa, enabling users to perform basic banking transactions with their handsets.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Free mobile money transactions from Airtel to boost Rwanda’s financial inclusion drive
The government's efforts geared at ensuring that all Rwandans access financial services have been boosted by Airtel Rwanda, which has scrapped charges on Airtel Money service transactions.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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African depositors grew fivefold since 2004 according to IMF Financial Access Survey
An International Monetary Fund (IMF) survey revealed that among African countries reporting data on commercial bank depositors, depositors per 1,000 adults experienced a fivefold increase from 2004 to 2013, while simultaneously achieving a 40-percent growth in real GDP per capita.
- Categories
- Uncategorized
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WHO: $1 billion needed to keep Ebola infections within the ‘tens of thousands’
The World Health Organization is pleading for a global investment of nearly $1 billion to fight the spread of Ebola, warning that the amount is merely the minimum needed to keep infections of the deadly virus "within the tens of thousands."
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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India Must Fix Its Drug Quality Problem
India’s newly elected Prime Minister Narendra Modi just launched his first official tour of the United States.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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The Devastating Economic Impact of Ebola
As the Ebola crisis continues to take a toll on people’s lives and livelihoods in West Africa, the focus is increasingly not just on the health aspects of the crisis, but also on its social and economic consequences.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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