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Nigeria’s Microfinance Banks Ready To Go Cashless
Abuja - The National Association of Micro Finance Banks (NAMFB), has expressed readiness of its members to key into Federal Government’s cashless policy.
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- Region
- Sub-Saharan Africa
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Int’l Telecoms, Gates Foundation To Connect 2.5bn Adults To Mobile Money
The International Telecommunications Union (ITU) has joined hands with the Bill & Melinda Gates Foundation to connect over 2.5 billion adults who do not have access to a formal bank account, most of them in developing economies, by delivering digital financial services capable of improving the delivery of basic financial services.
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Two Financial Titans Open Their Vaults to Impact Investing
Started a few years ago by a small band of pioneers, impact investing has gained traction and is now drawing the attention of large international banks. Large financial institutions such as BNP Paribas and Citigroup, based in Europe and the United States, respectively, are developing various projects in the field of social and sustainable finance.
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Dispatches from the Mobile Money Revolution: Mondato Summit Africa highlights the dynamism (and tensions) behind the continent’s embrace of mobile finance
Africa is widely seen as ground zero in the mobile money revolution that’s sweeping the developing world. The Mondato Summit Africa brought some of the continent’s key mobile financial services players together for a lively, at times controversial discussion of the challenges and opportunities they face.
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International Telecommunication Union sets up mobile money focus group
The International Telecommunication Union (ITU) has established a focus group on mobile money, setting its sights on global financial inclusion.
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South Africa: MTN, Pick N Pay in Mobile Money Partnership
Johannesburg — MTN and Pick n Pay have partnered for a free money transfer service that is poised to empower millions of South Africans excluded from the banking system.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Wealthy support greater effort to promote social equality
Ninety percent of wealthy individuals say they would be willing to pay higher taxes, support more job creation and greater educational opportunities in an effort to promote more income equality, according to a new survey by US Trust.
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Reserve Bank of India testing mobile-based payments system linked to Aadhaar national ID platform
Despite uncertainty surrounding Aadhar's future, RBI is testing a mobile-based payments system linked to this platform
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- Uncategorized
- Region
- South Asia
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