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South African Telecom Operator Telkom Moves into Financial Services
South Africa’s telecom operator Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Open Banking Set to Drive Africa’s Financial Inclusion
The financial sector in Africa has already witnessed tremendous disruption driven by technologies such as mobile banking, which has played a major role in expanding financial inclusion.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Future of Microfinance: An Interview With Ira W. Lieberman
Though its profile is somewhat lower than in its heyday, microfinance remains a relevant player in the development sector, supporting some 200 million people worldwide. A new book, “The Future of Microfinance,” contemplates the industry's tumultuous evolution and future development. NextBillion spoke with Ira W. Lieberman, a co-editor of the book, to discuss its thought-provoking insights.
- Categories
- Finance
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Analysis: Africa’s Mobile Banking Will Be Redefined by Social Media
The COVID-19 pandemic has precipitated a race among African Banks to become fully digital as consumers increasingly demand more personalised service across multiple channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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UK Government Aims Fintech Industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Why Don’t Small Retailers Adopt E-Payments?: New Research Suggests the Reasons Behind Merchant Aversion – And Solutions for Stimulating Customer Demand
Mexico's 2.1 million 'tienditas' (small shops) drive most of the country's retail sales – yet 83% of them only accept cash, even though e-payment technology is cheaply accessible. Shreya Kankanhalli at Stanford’s Graduate School of Business and Luz Gomez at Mastercard Center for Inclusive Growth explore findings from a field study that's testing ways to promote e-payments.
- Categories
- Coronavirus, Finance, Technology
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Report: Somalia’s Mobile Money Penetration High, Data Costs Lowest In Africa
Despite its long history with civil unrest, Somalia seems to have gotten a good grip on its business community.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa and Mukuru Plan to Facilitate Cross-Border Money Transfers
Pan-African telecommunications and mobile money services company Airtel Africa has announced a deal with African remittance organisation Mukuru.
- Categories
- Technology