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Mobile Money Surpasses Checks as Leading Method for Non-cash Payments in Ghana
Data released by the Bank of Ghana last week reveals that mobile money is now the leading platform for payments in Ghana outside of cash itself.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Amazon India’s Fintech Play
The ecommerce behemoth is making strategic investments to build an ecosystem of financial products and services to take on Flipkart and Paytm.
- Categories
- Finance, Technology
- Region
- South Asia
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Tidal launches in Africa—in countries known for banning music
In partnership with Africa’s largest mobile company MTN, Tidal announced its presence with a launch party in Uganda’s capital Kampala on Aug. 22. The music and video service was already available on the continent. This is the first time it’s specifically targeting African subscribers.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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African microlender OKash integrates facial recognition to prevent fraud
A recent report by Financial Sector Deepening suggests that 73 percent of Kenyans have a mobile money account, and the country has one of the world’s fastest-growing digital economies, according to TUKO, but mobile money fraud has become a widespread problem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AI For Humanity: Using AI To Make A Positive Impact In Developing Countries
There is a lot of untapped potential in terms of AI usage, especially in humanitarian areas. The impact could have a multiplier effect in developing countries, where resources are limited. By leveraging the power of AI, businesses, nongovernmental organizations (NGOs) and governments can solve life-threatening problems and improve the livelihood of local communities in the developing world.
- Categories
- Technology
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Solar Startups Are Plugging Africa’s Energy Gap
Based on current trends, the World Bank predicts that even by 2040 over half a billion people in Sub-Saharan Africa will still lack electricity. Although energy use across sub-Saharan Africa has risen by 45% since 2000, supply has not kept pace with demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Impact of digitisation: The new rural reality
Rural India contributes a substantial part of the total net value added in many sectors, with an overall 46% contribution to Indian national income.
- Categories
- Finance, Technology
- Region
- South Asia
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Press release: BBOXX pilots internet service to expand from off-grid electricity to additional utilities
In Rwanda, BBOXX has created internet connections via Wi-Fi Hotspots in a joint venture with Axiom Networks. So far, 10 fixed hotspots, powered by BBOXX solar systems, have been installed for the pilot.
- Source
- Press release
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, rural development