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MTN and Airtel Uganda Suspend Mobile Money Services After Massive Hack
Telecom giants, MTN and Airtel Uganda have temporarily suspended all mobile money service transactions between their networks after unidentified hackers compromised their systems.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Nepal Banking Sector Deposits Rs 280 Million (USD 3.8 Million) in COVID-19 Fund After Central Bank Directive
As per revised unified directives, banks and financial institutions can also contribute the fund to protect and treat their employees.
- Categories
- Coronavirus, Finance, Investing
- Region
- Asia Pacific
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The Shift Toward Partnership: How African Banks Can Gain a Competitive Advantage Through Strategic Alliances
The African banking sector is going through a technological revolution, as fintech firms, mobile money operators and other non-traditional players now provide services that had formerly been reserved for banks. Osahon Akpata at Ecobank Transnational Incorporated explores how strategic partnerships can help banks stay profitable and relevant to their customers amidst this disruption.
- Categories
- Entrepreneurship, Finance, Technology
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Analysis: Only 9% of Nigerian Households Obtained Loans From Banks and Microfinance Institutions Since March – National Bureau of Statistics
Research from the National Longitudinal Phone Survey (NLPS), titled ‘COVID-19 Impact Monitoring’, which was conducted by the National Bureau of Statistics (NBS) has revealed that only 9% of Nigerian households obtained loans from banks and microfinance institutions between March to August 2020.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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The Central Bank of Nigeria Launches Framework for Advancing Women’s Financial Inclusion in Nigeria
The CBN in collaboration with EFInA has launched a framework to advance women’s financial inclusion.
- Categories
- Entrepreneurship, Finance, Investing
- Region
- Sub-Saharan Africa
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Kenya Bankers Association (KBA), Huawei Ink Partnership Agreement To Promote Tech-Driven Financial Inclusion, Fintech Capacity Building
The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Asian Development Bank, KfW Partner To Boost COVID-19 Response and Financial Inclusion in Indonesia
The Asian Development Bank (ADB) and KfW, the German state-owned development bank, today signed agreements for €450 million (about $525 million) in cofinancing to improve Indonesia’s coronavirus disease (COVID-19) pandemic response and enhance financial inclusion in the country.
- Categories
- Coronavirus, Finance, Investing
- Region
- South Asia
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Press Release: Mastercard Brings Technology Leaders Together To Launch Tech for Good Partnership in Latin America
Bancolombia, Banco Galicia, Citibanamex, Mercado Libre, and PayPal Commit to Accelerate Business Recovery and Inclusive Growth Efforts in the Region
- Categories
- Coronavirus, Investing, Technology
- Region
- Latin America
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