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Simba Telecom to Invest $1 Million in New Year Investment Plans to Boost Its Market Presence
The investment will allow Simba Group to reach wider geographical zones and ultimately improve speed to market.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Announcing NextBillion’s Most Influential Articles of 2022
NextBillion’s “Most Influential Article of the Year” contest has concluded, and after tallying the votes, we’re excited to announce the three winners, as selected by our readers. Congratulations to the winners and their organizations! And many thanks to the other contestants, to all our guest writers from the past year – and also to the unsung heroes: the comms teams that play a key role in facilitating many of our articles.
- Categories
- Finance, Technology
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Analysis: Payment Service Banks: A Game-Changer for Financial Inclusion in Nigeria
Payment service banks are modelled on India’s Payment Banks, with a vision to similarly provide platforms for facilitating high-volume, low-value transactions in remittance, micro-savings, and withdrawals, in a secure technology-driven environment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Resolving the Core Tension of Impact-Focused Fintech: A Viable Model for Reaching Rural Women with Digital Financial Services
Reaching last-mile communities is challenging for a business that also has to attend to its own bottom line. Claudia Sosa Lazo at IDEO.org discusses a partnership between IDEO.org, BRAC, bKash and the Busara Center for Behavioral Economics that is seeking profitable ways to bring digital financial services to rural women in Bangladesh. She explains how the partnership provides a model for other businesses and NGOs that hope to unlock both profit and social impact, while bringing beneficial products to the world’s most excluded communities.
- Categories
- Finance, Technology
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Local Context Matters: Why Localization is Key to Accelerating Financial Inclusion in Africa
Mobile technology has proven to be an effective tool for broadening financial inclusion in Africa. But as Kenny Orisanaiye at HollaTags Limited points out, the continent’s cultural diversity complicates these efforts, as Africa has several thousand ethnic groups and over 2,000 distinct languages. He explores how financial service providers can design innovative solutions to this challenge by embracing localization and adapting their products and user engagement content to serve the specific cultural requirements of the African market.
- Categories
- Finance, Technology
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Fintech Points the Way to Full Financial Inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. This potential tipping point could mean the end to Cambodia’s status as one of the most underbanked nations in the world, according to experts.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: How Mobile Wallets Fend Off Economic Shocks
Households as well as companies can mitigate economic risks better by adopting mobile-based transactions, a new study finds.
- Categories
- Finance, Technology
- Region
- South Asia
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GSMA and WFP Launch Mobile Money Program to Distribute Disaster Relief
The GSMA will be working with the United Nations World Food Programme (WFP) to provide civilians with financial relief during humanitarian crises. Examples include pandemics and natural disasters, although the program is not limited to those specific situations.
- Categories
- Coronavirus, Technology