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Will taxes kill mobile money in Africa?
One sector continues to show growth in Africa and demonstrate the genuine potential the continent has to leapfrog global counterparts: mobile money services. However, recent media reports have highlighted one controversial aspect of the mobile money transfer market that continues to generate news headlines: taxation on mobile money services offered by network operators.
- Categories
- Uncategorized
- Tags
- governance, mobile finance
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Smartphone uptake boosts mobile banking
The growing demand for smartphones, mass adoption of cashless services and hotspot services that provide free Wi-fi to customers has resulted in the expansion of the mobile wallet industry, according to a new report.
- Categories
- Education, Technology
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- mobile finance, research
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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.
- Categories
- Uncategorized
- Tags
- mobile finance
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