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Airtel wins case against Safaricom to open up M-Pesa
The Communications Authority of Kenya (CAK) has ruled in favour of Airtel after the company accused its rival Safaricom of anti-competitive practice, a move coming weeks after Safaricom had decided to open up the network.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Indian government aims to open 7.5 crore bank accounts by August 15, 2018
The NDA government has drafted a new financial inclusion plan that aims to open 7.5 crore bank accounts in rural and urban areas and extend financial services to all citizens by August 15, 2018.
- Categories
- Uncategorized
- Region
- South Asia
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M-PESA’s back: Vodacom relaunches mobile money in South Africa
Vodacom has announced that it is relaunching its M-PESA mobile money payments system today, with a new look design for South Africans.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda: Survival Instinct Takes Over As Banks Partner With Telecoms
As the fight for customers between banks and telecoms continues to grow by the day, banks have realised that the only way to ease the pressure and also stay competitive is to work with telecoms.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Incofin floats ProPulse Fund to back microfinance cos, targets institutions
Incofin has backed microfinance firms such as Annapurna, Fusion and Grameen Koota in India.
- Categories
- Uncategorized
- Region
- South Asia
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Crowdnetic and UC Berkeley to partner on Crowdfunding Research
Over a year ago, Crowdnetic and UC Berkeley began collaborating on the launch of UC Berkeley’s Program for Innovation in Entrepreneurial and Social Finance, headed by Dr. Richard Swart, who serves as its Director of Research at the Coleman Fung Institute for Engineering Leadership.
- Categories
- Education, Impact Assessment
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Microcredits boost rural financing in China
Opinions on Development of Financial Services to Farmer, Rural Areas, and Agricultural Production by the General Office of the State Council has proposed "accelerated promotion of microcredits in rural areas".
- Categories
- Uncategorized
- Region
- Asia Pacific
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Reserve Bank of India survey finds 47 percent of banking agents ‘untraceable’
The success of the government’s thrust on financial inclusion, which largely hinges on the role played by business correspondents (BCs), is faced with a harsh reality check.
- Categories
- Impact Assessment
- Region
- South Asia
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