-
Orange Money and JUMO Partner to Offer Small Loans Across Africa
Orange Money Group and banking-as-a-service financial provider JUMO have partnered to enhance digital financial services across Africa through a new small loan function.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Akurateco and Enza Join Forces to Revolutionize Digital Payments Across Africa
Akurateco and enza join forces to accelerate digital payment innovation and financial inclusion across Africa with cutting-edge white-label technology.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Digital Finance Fuels Record Savings Growth in Developing Nations: World Bank
In 2024, formal saving in developing economies hit a decade high, driven by mobile and digital finance, with 40 percent using financial institutions.
- Categories
- Finance, Technology
- Region
- Global
-
Tradeable Impact Credits Could Boost Social Funding, Report Says
Trading impact credits based on social outcomes is proving a success in some places and should be scaled up to offset constraints on social funding, according to a new report developed by the Schwab Foundation, South Korean conglomerate SK Group’s Center for Social Value Enhancement Studies(CSES) and Rockefeller Philanthropy Advisors.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
-
M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Transforming How Financial Service Providers and Fintechs Leverage Data: A New Free Tool Aims to Separate the Signal from the Noise
In today’s digital finance landscape, data is one of the most valuable assets. Yet as Sarah Corley at AllianceDFA and Mallory Sheff at DataKind explain, data remains siloed, fragmented and underutilized across the sector — and this challenge is particularly acute in emerging markets. They argue that this isn’t just a missed opportunity, but a structural barrier to inclusion and innovation, and share a free, open-access learning platform designed to help fintechs and other financial service providers turn data into action to fuel customer growth and retention.
- Categories
- Finance, Technology
-
M-KOPA-Branded Smartphones Surpass 1 Million Sales in First Year in Kenya
Leading fintech company M-KOPA has achieved a remarkable milestone, surpassing 1 million sales of its branded smartphones within just 12 months of launch.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.