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Ghana telco MTN in talks with banks to offer microcredit to SMEs
Mobile telephony giants MTN has said it will from next year partner some financial institutions to provide microcredit to small and medium-scale enterprises.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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As Uganda’s education system struggles, for-profit schools become flashpoint
In Prossy Nsereko’s cramped office, the writing is literally on the wall. One side is covered with peppy, hand-written slogans: "Winners never quit." "We are what we believe we are." On the other is a list of school fees.
- Region
- Sub-Saharan Africa
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Tanzania: 86% Are Financially Included, a New Twaweza Study Says
The number of Tanzanian adults who have access to financial services has increased to 86 per cent compared with 16 per cent recorded in 2009, a new study reveals.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Opportunity International Sells Share of Rwanda’s Largest Microfinance Bank to HOPE International
Opportunity International and its affiliates in Canada and Germany have completed a share purchase agreement to sell its 50 percent ownership of Urwego Opportunity Bank (“Urwego”) to HOPE International, a network of Christ-centered microenterprise development programs in 16 countries.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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A startup in Kenya is launching “Uber for ambulances”
In Nairobi, most things can be ordered from your phone—an Uber, or taxi from one of several other taxi hailing app companies, a boda boda driver to run an errand for you on his bike, and dinner from a restaurant across town or just groceries from down the street. Soon, Nairobians will also be able order an ambulance from their phones.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Malawi drone test centre to help with healthcare, disasters
The project, which will cover up to 40 kilometres around the administrative capital Lilongwe, will be fully operational by April in a collaboration between Malawi and UNICEF.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Safaricom to Further Expand M-Pesa
Kenya-based mobile operator Safaricom entered discussions with five companies to increase the availability of M-Pesa services, according to a local press report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Nigeria’s GDP Will Get $88 Billion Boost With Digital Financial Services
With improved and consistent adoption of digital financial services in the country's payment system, about $88 billion will be added to Nigeria's Gross Domestic Product (GDP) by 2025.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech