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Uganda: Shs1 Billion Loaned Through Mobile Phones
In just two months, the mobile micro-lending and saving platform, MoKash, has been adding an average of 15,000 customers per day, reaching 920,000 over the period. Launched in August and operated by MTN Uganda and the Commercial Bank of Africa (CBA), MoKash allows mobile phone owners to save and apply for micro-loans. This is the first platform operated by both a telecom company and bank that could carry out the function of a commercial bank.
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- Technology
- Region
- Sub-Saharan Africa
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One of India’s Leading Handset Makers Enters Mobile Wallet Business
Intex Technologies, one of the leading Indian handset player said it has partnered with Tata Teleservices subsidiary mRUPEE to launch their first ever mobile wallet.
- Categories
- Technology
- Region
- South Asia
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Operators Want Telco-Led Mobile Money Initiative in Nigeria
Telecommunications service providers have renewed clamour to lead mobile money initiative in Nigeria on the basis that the current model has not been impactful on the economy.
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- Technology
- Region
- Sub-Saharan Africa
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Banks Having More Luck Than Telcos in Cracking South Africa’s Mobile Money Market
While South African telcos have found the going tough with their mobile money offerings, local banks are singing a different tune.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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GSMA Publishes Report Detailing the Mobile Industry’s Impact in Achieving the Sustainable Development Goals
At today’s United Nations Private Sector Forum, the GSMA unveiled the ‘2016 Mobile Industry Impact Report: Sustainable Development Goals’, a ground-breaking study that provides a current assessment of the mobile industry’s impact in achieving the Sustainable Development Goals (SDGs), and outlines future actions that will expand and strengthen that impact. The GSMA also announced several industry commitments, including actions to elevate the focus on humanitarian assistance, as well as a partnership with the UN to drive ongoing engagement around the SDGs across the mobile industry and adjacent sectors.
- Categories
- Technology
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Virtual Network Operators in India Band Together in Attempt to Develop $4 Billion Industry
Virtual Network Operators Association of India (VNOAI) has been incorporated with the objective of promoting activities geared towards the development of Virtual Network Operators industry, US$ 4 billion business opportunity in India.
- Categories
- Technology
- Region
- South Asia
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Safaricom Pioneers Adoption of UN’s SDG’s in Kenya’s IT Sector
Safaricom’s has successfully integrated a customised shared prosperity and responsible business initiative across the firm making the telecom the first IT local company to adopt the United Nations fronted Sustainable Development Goals (SDG’s) in Kenya.
- Categories
- Impact Assessment, Technology
- Region
- Sub-Saharan Africa
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To Reach Millennial Customers, This Kenyan Telecom Giant Tried Shopping Like Them
For the last 16 years Safaricom, Kenya’s largest publicly traded company and East Africa’s largest telecom, has focused on signing up more mobile subscribers. With 87% of Kenya’s population already subscribed to mobile phone plans, Safaricom, partly owned by Britain’s Vodafone—along with its newer rivals such as India’s Bharti Airtel or Orange Kenya, partly owned by France’s Orange SA—are now chasing a smaller slice of the pie.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa