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Somalia’s Premier Bank to bring ATMs, debit cards to Mogadishu
Somalia's Premier Bank has struck a deal with Mastercard and will issue debit cards and install ATM machines in the capital of the war-ravaged country, the Islamic lender's top executive said on Wednesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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In Africa’s battle against AIDS, a key player hits a crossroads
The Catholic Church administers 25 percent of all AIDS treatment worldwide, especially in hard-to-reach rural areas. But it's facing new obstacles as funding declines and African governments are under pressure to provide services themselves.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Challenges of Emerging Risks Underwriting in Insurance in Nigeria
Recent social and environmental developments in Nigeria have underscored the need for Nigerian insurers not only to consolidate on local risks they are familiar with but to pay more attention to emerging risks.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Mobile Money Remittances in Africa to Reach $33 Billion
MOBILE money remittances in sub-Saharan Africa are projected to reach $33 billion in 2015 as the services are growing above 6% in more than three countries with increasing mobile connectivity, WorldRemit has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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The Cookstove That Could Save 4 Million Lives Per Year
Growing up, Phil Ferranto never thought about how people cooked around the world. He took it for granted, like many of us do, thinking most people had access to some type of stove to feed their families.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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MTN & Vodafone Interconnect Their Mobile Money Services
In a move focused at deepening financial inclusion in East Africa, MTN and Vodafone have agreed to intersect their mobile money services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Faster Internet Access Means More Cyberattacks for Africa
The rapid development of Internet access throughout Africa has not been accompanied by an equivalent increase in awareness of security issues, opening up the possibility of a rise in cyberattacks.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC, MasterCard in $250M Risk Sharing Pact to Drive Financial Inclusion
International Finance Corporation (IFC), a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration to increase universal financial access by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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