-
Safaricom Deal to Allow Diaspora to Send Money to M-Pesa Accounts
According to the Central Bank of Kenya (CBK), last year’s diaspora remittances reached US$1.3 billion (KSh112 billion), up from US$1.17 billion (KSh101 billion) in 2012.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Power imbalances between nations ‘undermining global health efforts’
A joint commission from The Lancet and the University of Oslo in Norway finds that the imbalance of political power between nations is failing to protect the public's health, and calls for urgent reform in global decision making.
- Categories
- Education, Health Care
-
Opinion: A Wealthier Africa Will Depend on Health Care
The BRIC countries (Brazil, Russia, India, and China) have long been the focus of emerging-market investors. But it is in Africa, a region with the world’s second-fastest growth, where the next big business opportunities lie.
- Categories
- Education, Health Care, Technology
- Region
- Sub-Saharan Africa
-
A Bank Account for All Adults … By 2016: India’s Nachiket Mor committee report has made headlines – will it make an impact?
In India, 40 percent of the population doesn’t have access to financial services. But a Reserve Bank of India committee has recommended providing bank accounts for all Indian adults by 2016 - and it has an intriguing plan for doing so. Some see this as “the starting point for a new financial architecture" in India. Will the impact measure up to the ambition?
- Categories
- Uncategorized
-
African mobile phone leaders take action to expand financial inclusion
The 2nd African Mobile Phone Financial Services Policy Initiative (AMPI) Leaders Roundtable meeting held 4-6 February 2014 in Naivasha, Kenya, was a historic event and tremendous step forward in moving the region toward collectively focusing on harnessing and further enabling the expansion of digital financial inclusion across Africa.
- Categories
- Uncategorized
-
Microcredit Summit Campaign and Child and Youth Finance International Celebrate Global Money Week 2014
The Microcredit Summit Campaign celebrates Global Money Week 2014 together with Child and Youth Finance International. The Campaign invites its members to join in the celebration and raise maximum awareness for child and youth financial empowerment and inclusion.
- Categories
- Education
-
Microinsurance could soon be sold by local grocery stores, gas stations in India
Micro insurance products could soon be sold by local grocery stores, public call offices (PCOs), fuel outlets and ration shops in rural areas. However, insurance sector officials also believe this would hamper the need-based sale objective.
- Categories
- Uncategorized
-
Authors reveal how banks fought hard to kill M-Pesa
Kenyan banks fought tooth and nail to have M-Pesa shut down one year after its launch as its popularity was spreading like bushfire and posed a threat to their operations, a new book launched last evening reveals.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa