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Airtel Now Rolls Out Cross Border Mobile Money Service Between DRC, Zambia, and Rwanda
Bharti Airtel, the leading global telecommunications services provider with operations in 20 countries across Africa and Asia, has today announced the launch of a cross-border money-transfer service for Airtel Money customers between The Democratic Republic of Congo (DRC), Zambia and Rwanda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why Bitcoin Regulation Lags Where it’s Needed Most
International remittance is ostensibly one of the most compelling use cases for bitcoin and digital currencies. Recorded remittances to Africa grew four-fold between 1990 and 2010 and have increased steadily since. The World Bank projects $39bn in remittances to sub-Saharan Africa this year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations, remittances
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Bitcoin Exchange Expands to Kenya, Sees Potential in Using M-Pesa
Last week the 14-month-old Australian based Bitcoin exchange, Igot, launched in Kenya with the acquisition of local company TagPesa to target the country’s remittance market. In addition, Igot has also been granted access to the mobile money service, M-Pesa, giving members the ability to deposit and withdraw money directly from their M-Pesa account, currently used by about 17 million Kenyans.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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Ghanaian startup hopes “ethical pricing” prompts surge in African Bitcoin remittances
Ghanaian startup Beam is banking on the fact heavily undercutting other remittance services will lead to large uptake of Bitcoin across Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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MasterCard moves on remittances in Nigeria and Zimbabwe
MasterCard announced partnerships to make international remittance services available to millions of consumers in both Nigeria and Zimbabwe.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Bitcoin Startups Bring ‘Rebittance’ Service to Argentina and Mexico
Bitcoin startups Volabit and SatoshiTango have opened a money transfer service between their respective countries through a collaboration called Coinnect.
- Categories
- Uncategorized
- Region
- Latin America
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Remittances to Developing Nations to Hit $500 Billion in 2015 – U.N. Official
An estimated 230 million migrants will send $500 billion in remittances to developing countries in 2015, a flow of capital expected to do more to reduce poverty than all development aid combined, a senior official of the U.N. agricultural bank said.
- Categories
- Agriculture
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G20 vows to reduce cost of transferring remittances to 5%
Taking concerns of India and other developing countries on board, the G20 today vowed to take "strong practical" measures to reduce the global average cost of transferring remittances to five per cent.
- Categories
- Uncategorized
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