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Analysis: Safaricom’s Bumpy Ethiopia Ride Has Investors Worried
While it started off well enough, signing up 5 million customers by August, it soon became apparent that Safaricom’s lofty ambitions have exposed managerial, operational, and domestic challenges.
- Categories
- Investing, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
The company is betting that Ethiopia, which has around 120 million people and one of Africa's youngest populations, will power growth for years to come.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Mobile Money Carrier Nagad Becomes First Fintech Unicorn in Bangladesh
Nagad, a mobile money carrier based in Bangladesh, has emerged as a unicorn startup, becoming the fastest in Bangladesh.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance, startups
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Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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GiveDirectly Loses $900,000 in DRC Mobile Cash Fraud
More than 1,700 families in DRC’s South Kivu province were impacted by the fraud scheme.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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A Report by Bill Gate’s Foundations Shows Nigeria’s Impressive Mobile Money Performance
The Bill & Belinda Gates Foundation helped the GSM Association (GSMA) put up the State of the Industry on Mobile Money Report 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mobile Money Exceeds Industry Expectations, Reaching a Transaction Value of 1.26 USD Trillion in 2022
The GSMA's State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected.
- Categories
- Technology, Telecommunications
- Region
- Global
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aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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