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Press Release: Xpress Money and MTN Partner to Offer Mobile Remittances in Ghana
In a move that further strengthens Xpress Money's alternate channels portfolio, the money transfer company announced its partnership with MTN Ghana - a telecom giant in Ghana. Xpress Money customers remitting to Ghana will now be able to transfer money directly into the Mobile Wallets of registered MTN Mobile Money users in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Aid Agencies Urge Kenya to Let Somali Remittances Resume
Aid agencies urge Kenya to allow Somali money transfer firms to resume operations, expressing concern that halting remittances will hurt struggling families and relief operations in Somalia.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya Commercial Bank Launches Islamic Banking
Kenya Commercials Bank (KCB) Group on Thursday launched its Islamic Banking unit as it seeks to tap into the growing demand for Islamic financial products across the East African region.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- Islamic finance
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Study: Only 2.8 Percent of Nigerian Adults Have Microfinance Accounts
Despite the huge numbers of Microfinance Banks, MFBs, operating in the country and regulatory authorities’ efforts to use them as channels for financial inclusion, investigations have confirmed that only 2.6 million of the adult population had MFB accounts.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Could a Test for Malaria Be as Easy as a Breathalyzer?
More than half a million people die of malaria every year, most of them children under the age of five in Africa. And in the areas where it is most endemic, it remains relatively expensive to diagnose. But a group of scientists in Missouri are working on a groundbreaking method to test for the disease that, if successful, could save time, money, and most importantly, lives.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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2 New Ebola Vaccines Pass Important Early Test, Researchers Say
Two new Ebola vaccines have passed an important test, protecting monkeys against the strain of the virus responsible for the current deadly outbreak, researchers reported on Wednesday. Only one dose was needed, and there were no apparent side effects.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
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M-PESA Foundation Opens New Academy
The M-PESA Foundation has announced that it is constructing a state of the art, mixed boarding high school that will seek to provide a first class, unique education to gifted but economically disadvantaged children from all counties of Kenya.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Kenya Shuts Down Somali Remittance Firms, Freezes Accounts
Kenya has suspended the licences of 13 Somali remittance firms following the massacre at a Kenyan university last week, Somalia's central bank governor said on Wednesday, and Kenyan media reported that dozens of bank accounts had been frozen.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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