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India Post Payments Bank Rolls out Aadhaar-Enabled Payment Services
With AePS services, any person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
- Categories
- Finance
- Region
- South Asia
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Rwanda Is the Latest African Country Considering a National Digital Currency to Boost Financial Inclusion
Rwanda is the second African country to show an interest in a digital currency this year. Earlier in 2019, South Africa’s central bank announced that it was doing a feasibility project.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Nigeria’s Banks Stand to Gain More From Mobile Money Than MTN
MTN Nigeria, which runs the country’s biggest mobile phone network, won a license from the country’s central bank in July to provide financial services. But replicating the success of MTN’s mobile money offer in east Africa will be a big ask.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Rise (and Rise) of the Gig Economy in Kenya – And How to Take It to the Next Level
The gig economy is growing fast in East Africa, fueled by a young population and burgeoning mobile and smartphone penetration. Countries like Kenya now have gig platforms offering everything from taxi rides to cleaners and handymen, and analysts say this is only the beginning. Gituku Ngene at Google.org Youth Impact Labs explores the gig economy's growing impact, the barriers it faces – and solutions that could unlock its full potential.
- Categories
- Entrepreneurship, Technology
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Africa’s Innovators Say Their Scrappy Skills Are Needed to Fix an Unlikely Problem—Politics
More often than not, bad policies rather than bad luck have hindered the potential of these innovations and their ability to help more people.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Mobile Money Growth Slows at Last in Ghana
After seven years of phenomenal growth as a payments platform in Ghana, the increase in mobile money (MoMo) users and usage has begun to slow giving indications that this transformational payment platform, in its current form, may be approaching maturity.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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NGOs Ordered to Retract Report Critical of Microfinance in Cambodia
Government officials and MFIs were quick to dismiss the report, noting that interviews were only conducted in 10 communes in the provinces of Kandal, Kampong Cham, Tboung Khmum, Prey Veng and the city of Phnom Penh.
- Categories
- Finance
- Region
- Asia Pacific
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Apple to Launch New Low-Cost iPhone in 2020 to Win Customers in Emerging Markets
The new, cheaper iPhone could boost sales for Apple next spring, when the life-cycle of new flagship iPhones -- scheduled to be unveiled Sept. 10 -- would naturally begin to slow.
- Categories
- Technology
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