-
How Digital Financial Services Can Lift Nigerians Out of Poverty
A report, the “financial inclusion insight (FII),” has stressed that digital financial services (DFS) can play a key role in managing expenses and setting individuals and households on paths to stay out of poverty permanently.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
To Reach Millennial Customers, This Kenyan Telecom Giant Tried Shopping Like Them
For the last 16 years Safaricom, Kenya’s largest publicly traded company and East Africa’s largest telecom, has focused on signing up more mobile subscribers. With 87% of Kenya’s population already subscribed to mobile phone plans, Safaricom, partly owned by Britain’s Vodafone—along with its newer rivals such as India’s Bharti Airtel or Orange Kenya, partly owned by France’s Orange SA—are now chasing a smaller slice of the pie.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Mixed Reactions in Ghana Over Interest Payments on Mobile Money
Customers of mobile money services have expressed mixed reactions to the payments of interests, a day after the process started.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Africa in World’s First Blockchain Bank Transaction
Africa was at the forefront of a major technology landmark this week as Barclays Africa and its UK parent company Barclays plc completed the world’s first trade finance transaction using blockchain technology.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech
-
Uganda Has Highest Mobile Money Fraud Cases
Kampala — More than half of Uganda's mobile money agents have reported the highest incidents of fraud among the eight countries studied, a new report reveals.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Bob Collymore Shoots Down Claims of Facebook Buying MPesa Platform
Safaricom CEO Bob Collymore has dismissed as fake the story doing the rounds on the interwebs that Facebook’s Mark Zuckerberg wants to buy mobile money platform M-Pesa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
-
MTN Group and MMI Holdings Announce Launch of Micro Insurance Joint Venture
MTN Group and South African based financial services group, MMI Holdings on Wednesday announced the launch of a micro insurance joint venture, branded aYo which will provide a strong basis to compete in a changing mobile financial services industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
-
Tech Entrepreneurs Find an Oasis in Startup-Parched Myanmar
On a recent evening, a group of aspiring young tech entrepreneurs packed a room in downtown Yangon to learn how to pitch their ideas to venture capitalists. The venue, Phandeeyar, means "creation place" in Burmese, a lofty goal captured in its full title, Myanmar Innovation Lab.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech