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Lease-to-Own Energy: Part 3 of our Digital Finance Plus series explores how mobile money is enabling affordable off-grid solar energy solutions
With 1.3 billion living without electricity worldwide, the need for off-grid energy solutions is massive. In Part 3 of our Digital Finance Plus series, Peter Glenn of Fenix International describes how the company uses mobile finance to provide an innovative payment plan that helps make solar energy affordable to people in emerging markets.
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- Energy, Environment
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Mobile money is transforming financial access in Tanzania
Tanzania had envisioned through the National Financial Inclusion Framework of 2011 to have 50 per cent of the adult population having access to financial services by 2016, but it has so far managed to surpass the target, according to a recently released FinScope Tanzania 2013 report.
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- Uncategorized
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Cashing in: why mobile banking is good for people and profit
Using digital finance to tackle development problems can improves lives, and offer innovative companies handsome rewards.
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- Uncategorized
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‘Mobile money has moved from this new thing into an industry,’ says MasterCard
Close to 70% of the world’s active mobile money customers are in sub-Saharan Africa, according to Aaron Oliver, head of emerging payments for Middle East and Africa at MasterCard.
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- Uncategorized
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Incofin Investment Management’s Rural Impulse Fund Acquires Equity Stake in FIELCO From Accion Gateway Fund
FIELCO expects to use Incofin IM’s expertise in international microfinance to “strengthen its governance, focus on social performance and overall structure”
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- Uncategorized
- Region
- Latin America
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Mobile Money Security is Kenya’s Next Big Challenge
Attention needs to be paid to the security of mobile money systems in Kenya especially with the licensing of three virtual network operators in the country, say experts.
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- Uncategorized
- Region
- Sub-Saharan Africa
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MTN, Airtel Announce Cross Border Remittance Deal in West Africa
The partnership will allow MTN customers in Ivory Coast and Airtel customers in Burkina Faso to transfer money between the neighboring countries.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Planting the Seeds of Digital Finance: Part 2 of our Digital Finance Plus series discusses why agriculture is key to building the mobile money ecosystem
Agriculture-focused payment solutions could and should have a unique role in the growth of digital finance, says Lee Babcock. Their ability to facilitate income streams to low-income families provides a powerful incentive for their adoption, and they could help extend the ecosystem to rural customers. So why aren’t more mobile money platforms tapping this potential?
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- Agriculture