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Can ‘Supergeeks’ Save Kenya’s Babies?
Lack of basic equipment could explain why Kenya is struggling to reduce maternal mortality rates.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Insurers Must Adapt to ‘Informal’ African Market
Insurance companies are struggling to gain a foothold in Africa, where populations tend to favour community insurance schemes called tontines. These are often informal agreements between trusted friends and family members. EurActiv France reports.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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National Commission to Issue Electronic Identity Cards to Six Million Nigerian MFI Members to Boost Financial Inclusion
The National Identity Management Commission (NIMC) is collaborating with the Association of Non-bank Micro Finance Institutions of Nigeria (ANMFIN) to register its six million members into the national identity management system and issue them electronic identity card for effective financial inclusion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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How Bitcoin Could Revolutionize Remittance in Africa
A host of local companies are looking to disrupt the remittance market in Africa by undercutting traditional money transfer operators while also offering businesses new ways of accepting payments on a continent with low credit card penetration and an over-reliance on cash.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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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.
- Categories
- 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.
- Categories
- 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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
