-
Press release: CGAP Launches Photo and Video Contest Theme for 2018: Financial Inclusion in Africa
This year CGAP is looking for original and compelling photographs and short videos that tell the story of how financial services empower poor people and communities in Africa. The region is a center for financial innovation -- home to M-Pesa, the mobile money service launched a decade ago now replicated across markets worldwide; host to vibrant FinTech and e-commerce companies; and to a growing off-grid sector that leverages digital finance.
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
MTN Uganda and Mastercard diversify mobile money service
The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide its customers access to products and services previously a preserve of physical credit card holders while diversifying its mobile money portfolio.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Press release: Advans Côte d’Ivoire, ESAF Small Finance Bank, and KMF announced as Finalists for European Microfinance Award on Financial Inclusion through Technology
After the announcement of the three finalists, the Luxembourg Minister for Development Cooperation and Humanitarian Affairs, Mr. Romain Schneider said: “Technology provides immense opportunities in everyone’s lives, from rich countries to poor, from people in cities to those in remote villages. What we see from the three finalists of the European Microfinance Award this year is the enormous energy, creativity and innovation that has developed through the link between technology and financial inclusion”.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Press release: BBOXX and GE partner to provide energy access in the Democratic Republic of Congo
“We are excited to partner with BBOXX to enable energy access in the DRC. GE’s Hybrid Distributed Power system offers flexibility to deliver fast, reliable power with a digital backbone found in utility scale power plants,” said Brian Selby, Managing Director of Licensing at GE.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
What the launch of BebaBeba could mean for Kenya’s taxi industry
Over the years, the surge in the number of taxi-hailing companies in Kenya has been tremendous, and so has the competition in the taxi industry as a whole. BebaBeba will now compete in a market already saturated and controlled by taxi-hailing giants, Uber, Taxify and Safaricom Little cab.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
-
Ghana Receives Support to Strengthen its Financial Sector and Promote Inclusion
“This project will support Government’s plan to undertake reforms to deepen financial markets, promote inclusion, enhance the supervision and regulation of specialized deposit-taking financial institutions in line with Ghana’s National Financial Inclusion and Development Strategy,” said Henry K.G. Kerali, World Bank Country Director for Ghana.
- Region
- Sub-Saharan Africa
-
Safaricom shares fall after new tax sets in
The Bill will see Kenyans pay more for internet and mobile money transfer - two of the biggest revenue streams for the giant firm.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Africa’s fintech startups are innovating out of need and global investors are backing them
After pulling in almost a third of total funding raised by startups on the continent in 2017, the hot streak for African fintech businesses has continued this year. Among recent big-ticket deals in 2018, Cellulant, a digital payments solution company, raised $47.5 million in one of the largest Series C rounds for a solely Africa-focused venture-funded company.
- Categories
- Finance
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.