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Telkom Kenya, Airtel seek merger to challenge Safaricom
Bharti Airtel’s Kenyan unit has agreed to combine operations with Telkom Kenya, creating the second-largest telecommunications operator in the East African nation after Safaricom.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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How Kenya’s M-Akiba App Can Teach Nigeria a Lot About Financial Inclusion
The Kenyan government recently announced that it would sell around $2.5 million worth of treasury bills through M-Akiba.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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FirstBank, Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria
More than 60 million of Nigeria’s roughly 200 million people do not have bank accounts and as little as 6% of people have a mobile money account.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Globacom set for Nigeria mobile money launch
The service can be used on smartphones or basic handsets and, the company said, will require fewer details to register than traditional bank accounts.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Mercy Corps unveils $5 million AgriFin Digital Farmer initiative in Kenya
The program will result in increased smallholder farmer inclusion, productivity and income, as well as a range of digitally enabled models and institutional partners to drive inclusive agricultural transformation with direct benefit to smallholders throughout Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Finnfund Boosts Sustainable Avocado Farming In Tanzania
Sustainable avocado farming is a viable alternative for Tanzania’s Kilimanjaro region farmers whose livelihoods have been shaken by the plunging price of coffee.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Mobile lenders drive microfinance entities to early grave
Loan officers with high targets aggressively signed up poor women in slums and rural villages for loans they did not know how they would repay.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Press release: Xpress Money Looking to Double Its Mobile Wallet Operations in Africa in the First Half of 2019
Mobile money paved way for financial inclusion in Africa, it plays a vital role in empowering people financially by providing them access to their money - a right that millions of people were deprived of in the region because of poor financial infrastructure. The convenience and safety of the service has led to an increasing demand for mobile money services. Global Money transfer organization Xpress Money, part of the Finablr network of brands witnessed a record 37% growth in Mobile Wallet Credits to Africa last year and foresees a similar trend this year too.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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