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Kenya officially gives green light to three mobile virtual network operators
Kenya’s number of mobile money players could jump from four to seven after the country has officially awarded three mobile virtual network operator (MVNO) licences this week.
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- governance, mobile finance
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In Kenya, roaming rules to force telcos to share facilities
A ‘national roaming’ regulation is in the pipeline to make it mandatory for the existing four mobile network operators to allow cross-network usage of their facilities countrywide, the regulator said on Friday.
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Report: Global mobile payments to rise 40% this year
A new report from Juniper Research has found that the value of global payments via mobile devices will reach around $507 billion this year, a rise of nearly 40% year-on-year.
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Weekly Roundup – The Indispensable Platform: The growing importance of mobile access to businesses that serve the poor
With over 50 percent of people in the developing world having access to a cell phone, mobile access has become an indispensable platform for businesses and services focused on the BoP. We discuss its impact and potential in this week’s Roundup.
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- Agriculture, Education, Energy, Impact Assessment, Technology, Telecommunications
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The Newest Player in Mobile Money Is a Bakery
This morning the World Bank hosted a panel on mobile money, the set of phone-based technologies that could bring basic financial services to the world’s poorest people. The surprise panelist was Hortensia Contreras Torres, who runs electronic services for Mexico’s Grupo Bimbo, one of the largest baking companies in the world.
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Tigo partners with 17 banks on cash transfers
TIGO has partnered with 17 major banks in Tanzania to enable its clients send and receive money through transactions between the banks and Tigo Pesa.
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Airtel Money, VIVO Energy Sign Pact to Strengthen Cooperation in 15 African Markets
Vivo Energy, a Shell licensee in 15 African markets, and Airtel Money today announced a collaborative Pan-African agreement to strengthen both companies’ footprints in providing services to their growing customer base.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance
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Leveraging Loyalty: How m.Paani is mobilizing BoP consumer behavior for social good – Part 4 of our Digital Finance Plus series
Whether they’re frequent flyer miles or credit card rewards points, loyalty programs are a mutually beneficial way for companies to build relationships with customers. m.Paani is using digital finance tools to take that model in a new direction, by connecting BoP households’ commercial and social behaviors to points that can be redeemed for socially beneficial rewards.
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- Health Care, Impact Assessment, Technology