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Will Nigerians embrace mobile money in 2014 ?
In the bid to deepen financial inclusion across the country, financial institutions and mobile money service providers are introducing resourceful methods of bringing the unserved populations into the formal economy by using mobile phones but Nigerians appear unfazed about the mobile money mantra.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Crowdfunding, Smartphones and Bitcoin, Oh My…: Seven financial innovation questions that could shape 2014
2013 was a momentous – perhaps even an historic – year for financial innovation and inclusion, and it has left us primed for a fascinating 2014. Here are seven questions raised by some of 2013’s biggest developments that could resonate in the coming year and beyond.
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- Uncategorized
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Technology rings in financial inclusion
Technology is powering inclusive growth, using mobile telephony to deliver financial literacy and access to small value financial transactions for those at the bottom of the pyramid.
- Categories
- Technology
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Mobile transactions in Kenya hit USD $19.6 billion in 2013
Kenyans transacted KSh1.7 trillion (US$19.6 billion) through their mobile phones in the first 11 months of 2013, underscoring the increasing significance of handsets in the financial services sector.
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- Uncategorized
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Beyond M-Pesa, Kenya’s market slow to scale mobile solutions
Kenya has emerged as the tech superstar of Africa, spurred by its mobile adoption, entrepreneurial spirit and forward-thinking regulations.
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- Uncategorized
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Arab Gulf Program for Development calls for more microfinance institutions
The Arab Gulf Program for Development (AGFUND) called on Arab countries to set up more micro-financing institutions to help unemployed youth and poor people make a sustainable living.
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- Uncategorized
- Tags
- mobile finance
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In 2014 the next billion will access the mobile internet—at $20 a handset
The total number of mobile subscriptions will exceed 7 billion by 2014, according to the International Telecommunications Union.
- Categories
- Uncategorized
- Tags
- mobile finance
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Central Bank of Nigeria moves to enhance financial services to Nigerians
Nigeria felt that it is lagging behind some of its peer countries in Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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