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The Past and Future of Mobile Finance in Africa: Part two of our Q&A with Henry Maloba at Grameen Foundation’s Mobile Financial Services Accelerator
Henry Maloba leads Grameen Foundation’s Mobile Financial Services Accelerator in Uganda, which aims to bring financial services to rural Ugandans by forging collaboration between telcos and banks. In part two of our Q&A, Maloba discusses the tensions between these sectors and among telcos themselves, and shares his views on the recent past and future of mobile financial services in Africa.
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Strange Bedfellows: A Grameen Foundation initiative aims to bring telcos and banks together to deliver mobile financial services to rural Uganda
In many countries in the developing world, telcos and banks have clashed as they compete for the growing mobile finance market. But in Uganda, Grameen Foundation’s Mobile Financial Services Accelerator is promoting a different approach, facilitating collaboration between the two sectors in an effort to bring mobile financial services to rural communities. We spoke with Henry Maloba, who leads the initiative, in this two-part Q&A.
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Ghana Teams Up With Better Than Cash Alliance In Move Towards Cashless Economy
The Government of Ghana today took steps towards enhancing fiscal transparency and promoting the financial inclusion of its citizens by committing to a United Nations-backed initiative that supports countries’ transitions to electronic payments.
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- Sub-Saharan Africa
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Five Digital Payment Innovations with the Potential to Transform Development: Visa and NetHope grant recipients illustrate the power of digital payments
Development organizations have begun to embrace digital payments in areas that range from health and education, to food security and poverty alleviation. Visa is working with NetHope to help expand the impact of organizations working in these areas, by supporting programs that utilize electronic transfers and/or payments. These five grant recipients show how digital payments can enhance development and relief efforts.
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- Agriculture, Health Care
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It’s About Launching Ecosystems, Not Just Products: Insights on the next generation of mobile financial services from the Mondato Summit Asia
As the explosive growth of mobile financial services (MFS) reshapes economies around the world, the Mondato Summit Asia brought an impressive line-up of speakers and panelists from all parts of the ecosystem to explore the next generation of MFS in Southeast Asia. Chris Connolly delivers some highlights - and tweets - from the recent conference.
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Cashless payment hopes pinned on developing nations
Business and civil interests representing the mobile payments markets are developing global principles, standards and codes of conduct for digital finance, as cashless payments move to the fore in the developing world.
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- digital payments
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South African Bitcoin exchange debuts mobile wallet
South Africa’s largest Bitcoin exchange, BitX, has launched a Bitcoin mobile wallet that makes storing and using the cryptocurrency easier and safer for consumers in emerging markets.
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- Sub-Saharan Africa
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NexThought Monday – Mobile Money Interoperability is Not a Silver Bullet for Financial Inclusion
Interoperability between mobile money operators is a hot topic right now. Various stakeholders have placed it at the top of their agenda, hoping it will prove to be a key to increasing mobile money adoption and advancing financial inclusion. But though interoperability can undoubtedly help extend the reach of mobile money, Selma Ribica of Vodafone Group argues that it can also pose significant risks.
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