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Analysis: This Is How COVID-19 Is Affecting Informal Workers
There are more than 2 billion people working informally, according to the International Labour Organization (ILO). That’s around 62% of the global workforce. And they’re at the greatest risk from the economic fallout created by the coronavirus pandemic.
- Categories
- Coronavirus
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Report: Somalia’s Mobile Money Penetration High, Data Costs Lowest In Africa
Despite its long history with civil unrest, Somalia seems to have gotten a good grip on its business community.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Orange Launches Banking Play in Africa
Orange teamed with financial services company NSIA to launch mobile banking services into its first African market, Ivory Coast, with plans to expand into Burkina Faso, Mali and Senegal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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In Malawi, Residents Use Debit Cards, Mobile Money, To Pay For Water
The project has been implemented in communal water points in peri-urban areas. The initiative can, however, limit the have-nots’ access to water. Social activists have criticized the innovation saying that it robs residents of the right to water.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- fintech, LMICs, mobile money, SMEs, telecommunications, WASH, water
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Zimbabwe Is Squeezing Its Top Mobile Money Platform for Users’ Data as It Clamps Down on the Media
The government has been at odds with the EcoCash for several months as its currency crisis and economic woes have spiraled out of its control. Last month Zimbabwe’s central bank slammed EcoCash for running, what it called, a Ponzi scheme.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- data, financial services, fintech, government, LMICs, mobile money
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How Will Tourism in LMICs Change Post-COVID?
The challenges for the tourism sector in LMICs — compared to high-income countries — is the lack of financial support available to assist tourism businesses as they wait for the pandemic to ease and tourists to return.
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Airtel Africa Connects With WorldRemit to Grow Its Money Transfer Business
Airtel Africa, a telecommunications and mobile money services company, is scaling up its operations with the help of WorldRemit, a digital money transfer service provider, to broaden its instant money transfer services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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The Ripple Effects of Funding Global Health Innovations: How Philanthropic Capital and Impact Investing are Shaping Markets
The Saving Lives at Birth Grand Challenge for Development has leveraged nearly $80 million dollars in investment capital over the last decade to fund over 110 innovations targeting the maternal and neonatal health sector in emerging markets. Analysts at Duke University explore the program's impact in India and Kenya, two of the fastest-growing hubs of innovation in their respective regions.
- Categories
- Health Care, Impact Assessment
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