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Press Release: WorldRemit and MTN Agree to Major Mobile Money Partnership
Online money transfer service WorldRemit and telecoms operator MTN have signed a global partnership that will enable WorldRemit customers to send remittances instantly to MTN’s Mobile Money customers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indian-Made Vaccine Approved to Fight Meningitis in Africa
A vaccine against meningitis prepared by an Indian company has been approved by the World Health Organisation (WHO), paving the way for its use to eradicate the disease in sub-Saharan Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Report: Mobile Money Could Be a Silver Bullet for Financial Inclusion in Africa
Mobile money is shaping up to be one of the most exciting areas in mobile communications, and is quickly transforming the way in which consumers and enterprises transact.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Grameen Crédit Agricole Microfinance Loans $1.2m to Kenyan Juhudi Kilimo, Uganda Microcredit Foundation (UMF), Uganda’s Encot
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following three loans: (1) EUR 482,000 (USD 555,000) over a two-year period to to Juhudi Kilimo, a for-profit provider of microloans and microinsurance in Kenya; (2) EUR 293,000 (USD 339,000) over a three-year period to Uganda Microcredit Foundation (UMF), a microfinance institution offering financial services to “economically active” Ugandans; and (3) EUR 257,000 (USD 297,000) over a three-year period to Encont, a provider of microloans to rural enterprises in Uganda [1].
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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The Fight Against Malaria, At a Critical Juncture
Lindsey Graham stood at a podium at the festooned Knight Conference Center in Washington’s Newseum in early December and addressed a room full of public health advocates, researchers and politicians gathered for the 2014 Malaria Champions Breakfast.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- research
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Accion Microfinance Bank Attains National MFB Status in Nigeria, Gives Out N32bn Loans
Accion Microfinance Bank Limited has upgraded to the category of a national microfinance bank (MFB). By this development, the bank said, it has surpassed the Central Bank of Nigeria (CBN) requirements for a national MFB.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Viewpoint: What Africa Really Needs to Fight Ebola and Other Emerging Diseases: Anti-Corruption Efforts
As Ebola’s death toll surpasses 8,000 people, well-intentioned individuals have been suggesting different strategies to contain the crisis. Many of these recommendations have included the use of modern technologies like cell phones, coupled with innovations such as a global rapid response team. But more than anything, what Africa really needs is simply more investment in its people and its basic health care infrastructure, along with reduced corruption—making sure that the money sent to lay the foundations of public health actually goes where it is supposed to.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Zambian MFIs Complain of Negative Impact of Bank of Zambia Interest Rates Limits
The decision by Bank of Zambia (BoZ) to limit interest rates that licenced non-banking financial institutions can charge customers had a negative effect on micro-finance institutions (MFIs) performance last year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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