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NRD Foundation Supports Jibu with First Philanthropic Pledge
The foundation was inspired by Aziz Hashim, the successful multi-unit franchisee that created a franchise-focused private equity firm NRD Capital, to support social entrepreneurs and job growth around the world. The first focus for the foundation is Africa, where NRD Capital already has investments.
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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M-Pesa, Paypal deal to jolt Equity’s control
On market trends, the deal is likely to be a blow to Equity Bank which has dominated the Paypal transaction market in the Country since 2013.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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PayPal, Safaricom partnership enables cross-border mobile payments in Kenya
“PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable eCommerce and democratise financial services on the African continent,” says Efi Dahan, General Manager for the Middle East, Africa and Russia, PayPal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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This Agricultural Guide On A Phone Helps Increase Developing-World Farmers’ Yields
“A lot of smallholder farmers are very poor and they wait until it’s too late because they don’t want to spend the money,” says Leesa Shrader, who leads work on DigiFarm for Mercy Corps, one of several groups developing the platform. “The cow dies and they’ve lost an $800 asset, which can be devastating to the families. With DigiFarm, they can pull the training when they want it.”
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Kenya mobile phone firms to offer cross-network cash transfers
Subscribers of Safaricom, Airtel and Telkom will be able to transfer and receive cash from one mobile network to another, the companies said in a joint statement published in the Business Daily newspaper.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Study shows Kenyans’ soaring appetite for mobile loans
Mobile loans have become the largest source of credit for Kenyans besides family and friends, signalling the growing allure of financial technology (fintech) services in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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First Digital-Only Bank in Ivory Coast Launches
Ivory Coast has the fifth highest percentage of adults with mobile money accounts in the world.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Solar firm Angaza wins Sh125m innovation award
The platform has helped digital finance service providers fill the market gaps that traditional brick-and-mortar financial institutions avoid in impoverished urban centres and rural communities.
- Categories
- Energy
- Region
- Sub-Saharan Africa
