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Leaders of global and regional institutions today begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than $8 billion over the coming years.
UN, World Bank and Islamic Development Bank commit 8billion dollars in Major New Development Initiative for the Horn of AfricaNews
Government-ownded mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile money transfer platform OneWallet for the year-ending December 31 2012 after investing close to a quarter of a million dollars in the product.
Zimbabwe’s OneWallet posts massive loss as EcoCash thrivesBlog Post
We’re continuing what we’re calling a "pilot feature" here at NextBillion. Each Sunday for the next three weeks, we’re running a post highlighting the top tweets that crossed our editors’ computer screens during the preceding week. Our goal is to highlight emerging developments in our coverage areas, while also drawing attention to some compelling voices online.
Twitter Top Ten – 10-26-14: Our favorite tweets of the weekBlog Post
In Uganda, nearly half of surveyed adults were unable to correctly answer a basic question about interest rates, according to a recent study. What is the best way to address this kind of financial capability gap? Research from IPA and others suggests some mechanisms through which financial education might be delivered in Uganda and around the world.
Improving Everyday Financial Decisions: Brief, specific and targeted education could help the poor make better choicesNews
Drugmakers are looking for some kind of indemnity from governments or multilateral agencies against possible losses or claims arising from the widespread emergency use of new Ebola vaccines in Africa.
Drugmakers may need indemnity for fast-tracked Ebola vaccinesNews
The next few months could be very interesting for the sector and for consumers, especially as the resurgent Tigo is expected to release a game changer before Christmas and the other players seek to consolidate and increase their hold in the market.
In Ghana: “Let the Telco war begin”Blog Post
Mobile money’s origins lie in the practice of sending airtime instead of money. And today, the use of airtime as currency endures in markets where mobile money has failed to flourish - or when it is simply more convenient than mobile money services. Mondato’s Chris Connolly explores the benefits and risks of the practice.
The Other Digital Currency: Cryptocurrencies like Bitcoin get all the attention, but using airtime as currency could play a vital role in developing the digital finance ecosystemNews
In a nation where half the population isn’t served by formal banking system, the microfinance industry acquired a halo in the early part of last decade. And then, the Andhra Pradesh crisis happened.
OPINION: Microfinance in India: To hell and back
