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Kenyan Central Bank Lets Banks Run Own Mobile Money Platform
The Central Bank of Kenya (CBK) has given six banks the green light to launch a mobile money transfer platform, Business Daily reported.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Viewpoint: Mobile Money’s Potential is Unfulfilled
The mobile phone is a central component to unlocking access for the billions of people still excluded from the mainstream of financial services. Its potential is widely understood. But while use of entry-level smartphones has accelerated, access to mobile money services and use of these services remain challenging in many markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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IBM to Train 25 Million Africans for Free to Build Workforce
International Business Machines Corp. is ramping up its digital-skills training program to accommodate as many as 25 million Africans in the next five years, looking toward building a future workforce on the continent.
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- Technology
- Region
- Sub-Saharan Africa
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How Jack Ma’s Acquisition Of US-Based MoneyGram Could Be Good For Africans
China’s richest man, Jack Ma, and his acquisition of U.S.-based money transfer firm MoneyGram show the importance of remittances as a powerful driver of economic change at both the individual and international level, according to the competition.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa urged to explore new healthcare financing as overseas donation declines
Sub-Saharan Africa should explore innovative financing for primary healthcare in the light of declining support from overseas donors, advocates said at a forum in Nairobi on Friday. The advocates and policymakers said domestic resources will cushion the health sector in Africa from paralysis occasioned by major cutbacks from bilateral and multilateral donors.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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African Development Bank and Alliance for Financial Inclusion Partner to Promote Financial Inclusion in Africa
The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent on Tuesday, January 31, 2017, in Abidjan, Côte d’Ivoire. The agreement aims to create a collaboration framework to promote financial inclusion in Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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India’s Villgro Launches Healthcare Incubator in Kenya
The India-based Villgro Innovations Foundation has launched an incubator for early-stage businesses in the healthcare and life sciences sector in Nairobi, Kenya.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- incubators
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Press Release: MicroSave – MasterCard Foundation advance digital finance services in Francophone Africa
MicroSave (www.MicroSave.net), in partnership with The MasterCard Foundation (MasterCardFdn.org), today, 2 February 2017, launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa. The program is expected to benefit over 250 DFS providers and will focus on the WAEMU region, the Democratic Republic of the Congo, and Madagascar. Additionally, a DFS knowledge portal in French will be launched as the go-to place for information on digital financial services.
- Categories
- Technology
- Region
- Sub-Saharan Africa