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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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Inside fight between Kenya, IMF over financial inclusion
The International Monetary Fund (IMF) insists it will still prescribe painful financial regulations as long as Kenya’s banking system continues to face vulnerabilities.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: DFS Lab Announces Open Applications for Fintech Hackathon Focused on the Mojaloop Software
Mojaloop was created by the Gates Foundation's Level One Project, which is aimed at leveling the economic playing field by crowding in expertise and resources to build inclusive payment models to benefit the world's poor.
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Can Mobile Money Boost Financial Inclusion in Southern Africa?
Mobile money offers opportunities for the unbanked to save, spend, and transfer money using just a cell phone. Linda Du ’19, an MBA student at Yale SOM, traveled to Zambia, Malawi and Mozambique to talk with providers, customers, and others about the technology’s potential to give the poor access to the financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
