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Six Nigerian Banks Unveils New m-Payment System
Mobile payment system just got more convenient in Nigeria as a consortium of six banks have inaugurated the Unified Payments’ electronic money transaction scheme known as PayAttitude.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Former Kiva.org CEO Brings New App, a ‘Branchless Bank’ to Kenya
The former chief executive and co-founder of nonprofit lending platform Kiva.org, Matt Flannery, on Wednesday revealed his latest initiative Branch International Inc., which he calls “a mobile-based microfinance institution for the world.”
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Savings Groups Allowed on EcoCash Mobile Money Platform in Zimbabwe
Econet Wireless is now allowing group savings on its mobile money platform, EcoCash, a development the company says will reduce risks associated with cash handling.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- savings
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What a Western Union, MoneyGram Merger Would Mean to Africa
Shares in MoneyGram International, one of the largest money transfer firm s in the world, rallied as much as 41 percent after Bloomberg, citing sources close to the deal, reported that the industry leader Western Union was in “early stage” talks to acquire MoneyGram.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Smartphone Camera Turned Microscope Could Revolutionize Healthcare in Africa
A device that can turn your smartphone camera into a microscope may change the health landscape of Africa where shortage of diagnostic infrastructure has jeopardized public health.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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In Africa, Mobile Money Is on the Move
Moving money across African borders with the click of a cellphone button just keeps getting easier. The mobile money revolution – essentially the use of cellphones to access financial services – is already transforming the face of financial inclusion on the continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Tanzania: Mobile Banking Deepens Financial Inclusion
One of the drivers of the country's gross domestic product (GDP) by 7.0 per cent last year was financial intermediation, speeded up by inclusive financing.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Could Stellar Be the Answer to Enable Financial Inclusion Around the Globe?
When the internet first came round in the mid-nineties, people didn’t expect to see impactful tools like open-source libraries like Wikipedia or renting sites like AirBnb or car-sharing ones such as Uber and Lyft. As an open tool, the internet has laid the foundation for these products to be born, reaching audiences far and wide with powerful applications that impact most of our daily lives, whether we like it or not. But a lot of important industries have been left behind in the process. This, however, might be starting to change.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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