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Mobile Phone Usage to Drive Africa’s Economy
Information communication technologists are optimistic that mass mobile phone usage launched in Africa, will drive the continent’s economy and make the millennial generation to become the leading tellers of the emerging app economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Safaricom Won’t Let Rivals Share M-Pesa
Safaricom has maintained it will not allow its mobile money platform, M-Pesa, to be spun off from the parent company, citing security risks for subscribers due to lack of clear guidelines and standards on cross-network cash transfers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Transactions By Digital Wallets Up Three Times Between February and April
Digital wallets, which allow consumers to pay for purchases through devices such as mobile phones, are becoming popular, if an almost three-fold surge in the number of such transactions recorded between February and April this year is any indication.
- Categories
- Technology
- Region
- South Asia
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Financing Agribusinesses in Africa: Mobile Money Shows More Viability
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solving Customer Service Issues in Digital Finance: The can-do/must-do list
Customer service issues need to be high on the agenda of providers intent on achieving high levels of registered uptake and usage of digital financial services. It is also clear that responding to the most common challenges is no easy matter, even for the most committed provider.
- Categories
- Technology
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Bharti Airtel Starts First Cross-Border Mobile Money Transfer in Niger
Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
- Categories
- Technology
- Region
- Sub-Saharan Africa