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Agriculture Insurance Turning Around Farmers’ Lives in East Africa
Jackie Kiconco sits in her garden with her right hand supporting her chin. Her eyes are gazing across the maize garden that she had planted but because of late rainfall, the seeds failed to germinate.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Upwardly Mobile: The Power of a United Approach to African Payment Innovation
The growing use of banking services in South Africa is driven by a national rollout of social security debit cards and strong economic growth across finance, real estate and business services sectors. According to the Banking Association of South Africa, just under a quarter of the adult population (23.5%) remains unbanked.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Going Mobile in Sub-Saharan Africa to Save Lives – And Change The Future
Mobile technology is rapidly transforming communications and culture in Africa. More than half the continent’s population has a mobile device, up from just one percent in 15 years, according the United Nations. Of course, cities and developed regions are as connected as their counterpart elsewhere, but remote and undeveloped areas where people live on little more than a dollar a day are usually poorly served. That is beginning to change, and healthcare providers are using technology to improve and save lives.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Sub-Saharan Africa’s Mobile Money Market Could Grow to $1.5 Billion by 2019
Sub-Saharan Africa is adopting mobile financial services at a pace seen in few other places, presenting banks and mobile-network operators (MNOs) with a set of strategic choices that will go a long way toward determining their success in the region.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Unable to Get Credit, African Entrepreneurs Turn to Crowdfunding
Crowdfunding is a way to raise money from a large number of people via the Internet to fund a project. The concept is well established in the West, but is still new in Africa. A World Bank project in Kenya has launched a mentorship program to help business owners take advantage of crowdfunding, which some say could help replace the kind of aid they currently receive from NGOs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- crowdfunding
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Bamboo Bike Business Changing Youth Employment in Ghana
It’s bespoke, beautifully formed, and changing the face of transport in Ghana. The bamboo bicycle is gaining traction in the country and one organization is riding this popularity wave to increase youth employment in the process.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- transportation
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World Bank Boosts Financial Inclusion in Cameroon
The International Finance Corporation (IFC), a member of the World Bank Group, has recently announced an advisory services agreement with Mircrofinance Institute Advans Cameroun geared at expediting the rate of financial inclusion in Cameroon by expanding the range and reach of services available to underserved urban and rural populations.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Nigerian Banks Intensify Efforts on Customer Biometric Registration
In an effort to reduce incidents of fraud and protect customer accounts from unauthorised access, the Bankers’ Committee has intensified efforts on the enrolment of bank customers on the Bank Verification Number (BVN). BVN involves the registration of customers in the financial system using biometric technology making accounts more secure using unique identifiers such as fingerprint.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
