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Viewpoint: Nigeria: Microfinance Banks – Helping or Killing SMEs?
To say that the Small, Medium Enterprises is the engine room for economic development is to state the least, especially, in the third world countries, where the degree of unemployment is high and where there are so many qualified applicants chasing few and sometimes not available white collar jobs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Former MTN Uganda Staff Get 9 Years’ Jail for Mobile Money Fraud
The Anti-Corruption Court yesterday convicted six MTN staff after they were found guilty of illegally gaining access to the mobile money system and wired cash amounting to more than Shs3 billion to various money agent lines that they shared thereafter.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Native Startup Offers Crypto Remittance Service to Nigerians
Bitstake, a cryptocurrency exchange startup, offers a wide range of solutions to the 178 million people of Nigeria. Unlike most Bitcoin exchanges, which rely on users having access to the Internet in order to serve them, Bitstake has made it possible for its customers to access and use their wallets through SMS.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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Scientists Race to Beat Mosquito Resistance in Fight Against Malaria
Mosquitoes are rapidly developing resistance to insecticides used in bed nets that millions of people rely on to protect them from malaria, experts say.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Kenya and Rwanda Are Competing to Become East Africa’s Medical Tourism Hub, Says Frost & Sullivan
A diverse set of forces, including favourable economic factors, a supportive regulatory environment, and a high disease burden will make Kenya and Rwanda among the most attractive countries in East Africa. The consolidation of the rising middle class and heightened healthcare awareness will drive up per capita healthcare expenditure and provide lucrative opportunities within these markets.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Africa Trumps World Giants in Payment Tech
Africa is ahead of the US in terms of the rate of payments innovation, while Europe is lagging way behind.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Half of World’s Rural Populations Cannot Access Health Care
More than half the population of rural areas worldwide do not have access to basic health care, with four in five rural Africans lacking services, the United Nations said Monday.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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DfID Accused of Heightening Inequality Through Support for Private Sector
Report by campaign group Global Justice Now points finger at Department for International Development over private health and education projects.
- Categories
- Education, Health Care, Investing
- Region
- Sub-Saharan Africa
