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Smile, The Pan-African Wireless ISP, Has Raised $365 Million to Expand Its Network
Three years after launching Africa’s first 4G LTE services in Tanzania, Uganda and Nigeria, Smile Telecoms has raised $365 million.
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- Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Debate on Dominance in Telecoms Needs a Sober Approach in Kenya
Despite the hyped 87 per cent mobile phone penetration rate as of March 2015, the reality is that Kenya's unique subscriber base is probably around 45 per cent, meaning more than half of the country lacks "real" access to mobile services.
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- Technology
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Safaricom Withdraws Increased Charges for Equitel Customers
Safaricom has suspended the increased rates introduced for Equity Bank’s Equitel customers on 1st August 2015 and confirmed the revised rates will now take effect at the same time for all banks on December 1st 2015.
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- Technology
- Region
- Sub-Saharan Africa
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M-Pesa Opens Up to 3rd Party Developers in Kenya as Safaricom Launches API
When mobile payments and banking come to mind, one most likely thinks of headline-grabbing industry leaders such as Apple, Barclays and Visa. However, the reality is a bit different. The distinction of largest uptake of mobile payment adoption actually belongs to Kenya, and the M-Pesa payment solution.
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- Technology
- Region
- Sub-Saharan Africa
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Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
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- Technology
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Fast Lane to the Future: Three ways the ‘leapfrog effect’ is transforming developing countries – and revolutionizing finance
The “leapfrog effect” refers to the phenomenon, in fast-growing emerging economies, of technological advances permitting shortcuts in infrastructure building. This saves considerable time and money – and can deliver quick results that took more developed countries decades to attain. Here are three ways the leapfrog effect is reshaping economies – and finance – in the developing world.
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- Technology
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Mobile Communications Helping Humanitarian Organizations in Tanzania
Tanzania's rapid uptake of mobile phones and massive investment in rural network coverage is helping disaster and humanitarian organisations in the country speedily disseminate and collect information.
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- Technology
- Region
- Sub-Saharan Africa
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Smaller Players Challenge Telcos for Piece of Kenya’s Mobile Money Market
Kenya’s mobile money transfer market is headed for interesting times, with the latest results from the regulator showing small ‘outlier’ firms eating into the market dominated by the well-established players.
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- Technology
- Region
- Sub-Saharan Africa