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Airtel Targets Network Expansion, Mobile Money in Safaricom Battle
Kenya’s second-largest telecoms company grew faster than its larger rival in the first four months of this year, but wants to ramp that pace up.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Orange Money and JUMO Partner to Offer Small Loans Across Africa
Orange Money Group and banking-as-a-service financial provider JUMO have partnered to enhance digital financial services across Africa through a new small loan function.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Digital Finance Fuels Record Savings Growth in Developing Nations: World Bank
In 2024, formal saving in developing economies hit a decade high, driven by mobile and digital finance, with 40 percent using financial institutions.
- Categories
- Finance, Technology
- Region
- Global
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M-KOPA-Branded Smartphones Surpass 1 Million Sales in First Year in Kenya
Leading fintech company M-KOPA has achieved a remarkable milestone, surpassing 1 million sales of its branded smartphones within just 12 months of launch.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bringing Digital Transformation to the Water Sector: How New Technologies Can Boost Water Access in LMICs
Digital technologies have the potential to revolutionize the management and distribution of clean water in low- and middle-income countries (LMICs). But according to Ellie Gabel, an environmental science writer at Revolutionized, many countries don't have access to these technologies, or lack the capacity to implement them. She explores this challenge in the context of Kenya, and discusses five essential factors that may aid or hamper digital transformation in the water sector across LMICs.
- Categories
- Technology, WASH
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Why Kenya Is Selling Part of Its 34.9% Stake in Safaricom
"The sale could open doors to Africa-focused institutional investors or private equity funds, many actively scouting African telecoms assets for their stable cash flows and strong margins."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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M-PESA Safaricom, Dashen Bank & CashGo Partner to Enhance Remittances in Ethiopia
M-PESA, Dashen Bank, and CashGo launch a seamless international remittance service, enabling Ethiopians to receive money instantly into mobile wallets.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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