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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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Fintech TerraPay Secures $100 Million via Series B to Expand Payments Infrastructure
The funding will help TerraPay’s global expansion plans, especially across the LATAM and MENA regions.
- Categories
- Finance
- Region
- Global
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Can Pay-As-You-Go Help Clean Up Clean Cooking?
Since 2015, the global focus on clean cooking has grown substantially, bringing more funding, research and attention from policymakers to the sector. But according to Tash Perros at the University of Liverpool, Iwona Bisaga at Loughborough University and Julia Tomei at the UCL Institute for Sustainable Resources, progress remains slow, especially in sub-Saharan Africa. They examine some of the reasons behind the inertia that is plaguing clean cooking access, and explore whether pay-as-you-go business models could catalyze progress.
- Categories
- Energy, Environment, Technology
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Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
The launch of the virtual card will ensure Tigo’s ability to provide its customers access to products and services previously a preserve of physical credit card holders.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Why Safaricom, East Africa’s Biggest Telecom, Is Getting Sued by Its Customers
Pressure is mounting on Safaricom, with two major lawsuits from its customers now demanding accountability from the telco giant.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa